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KPMG Grants $112,500 to Birmingham Promise for Education

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Birmingham, September 7, 2025

News Summary

The KPMG U.S. Foundation has announced a three-year grant of $112,500 to Birmingham Promise, supporting educational initiatives for local students. This funding is part of a larger $2 million commitment by KPMG to enhance education across the U.S. Birmingham Promise offers tuition assistance and internships for Birmingham City Schools graduates, aiming to improve access to higher education and workforce readiness.

Birmingham

The KPMG U.S. Foundation has announced a three-year grant of $112,500 to Birmingham Promise, an initiative that provides significant educational support to local students. This funding is part of a broader $2 million commitment from KPMG to enhance education and community well-being across the United States.

Details of the Grant

Birmingham Promise is designed to offer tuition assistance for graduates of Birmingham City Schools, covering up to four years of education at public colleges and universities in Alabama. Since its inception, the program has successfully awarded over $15 million in tuition assistance to more than 1,600 graduates, thereby allowing many students to pursue higher education without the burden of significant financial debt.

Supporting Career Development

In addition to financial support, Birmingham Promise has facilitated internship opportunities for over 350 students each year. These internships focus on developing job skills and fostering connections between students and potential employers, thereby equipping them for future careers. This combination of tuition assistance and real-world experience aims to strengthen pathways toward successful college completion and career readiness.

Partnership Significance

The collaboration between KPMG and Birmingham Promise is seen as a vital step in creating life-changing opportunities for local students. By expanding access to education and workforce experiences, the grant is expected to have a transformative impact on the community, particularly for those in underserved areas. The partnership is emblematic of a commitment to foster educational success and improve the future prospects of students in Birmingham.

Background of Birmingham Promise

Birmingham Promise has been operational since 2019, aiming to provide what is known as last-dollar assistance. This type of funding covers tuition and mandatory fees that are not already supported by other financial aid sources. The intent is to ensure that students – regardless of their financial background – have the opportunity to pursue higher education. The program encourages students to apply even if they have other funding sources, allowing them to maximize their educational opportunities.

Encouragement for Participation

Students and graduates are encouraged to take advantage of the Birmingham Promise program to secure their funding to attend college. The initiative aims to help participants build valuable skills that can enhance their future career prospects, ultimately contributing to a more educated workforce in the region.

Conclusion

With the support of KPMG through this substantial grant, Birmingham Promise is poised to continue its work in improving educational access and workforce readiness among students from Birmingham City Schools. This partnership highlights an ongoing effort to invest in the education of future generations and bolster the wellbeing of the local community.

Frequently Asked Questions

What is the Birmingham Promise program?

The Birmingham Promise program provides tuition assistance for graduates of Birmingham City Schools, facilitating up to four years of higher education at public Alabama colleges and universities.

How much funding has Birmingham Promise awarded?

Since its inception, Birmingham Promise has awarded over $15 million in tuition assistance to more than 1,600 graduates.

What types of assistance does Birmingham Promise offer?

Birmingham Promise offers last-dollar assistance for tuition and mandatory fees not covered by other forms of financial aid, as well as internships and job skill development opportunities.

How can students apply for Birmingham Promise funding?

Students and graduates of Birmingham City Schools can apply for Birmingham Promise funding, even if they have other financial resources, to ensure they can access all available educational support.

Key Features of Birmingham Promise

Feature Description
Grant Amount $112,500 over three years
Total Funding Goal $2 million nationwide initiative
Tuition Assistance Up to four years at public Alabama colleges and universities
Accumulative Tuition Assistance Awarded Over $15 million to 1,600+ graduates
Internships Provided Internship placements for over 350 students

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The BIRMINGHAM STAFF WRITER represents the experienced team at HEREBirmingham.com, your go-to source for actionable local news and information in Birmingham, Jefferson County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Sidewalk Film Festival, Sloss Music & Arts Festival, Magic City Classic, and civil rights commemorations. Our coverage extends to key organizations like the Birmingham Business Alliance and the Birmingham Civil Rights Institute, plus leading businesses in healthcare, finance, and manufacturing that power the local economy such as UAB Medicine, Regions Bank, and Encompass Health. As part of the broader HERE network, including HEREHuntsville.com, we provide comprehensive, credible insights into Alabama's dynamic landscape.

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