Initial Results for Utah High Quality Preschool Program Show Success

Published Friday, January 22, 2016 | by Nonprofit Finance Fund

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The Utah High Quality Preschool Program, established in August 2013, has shown success based on results from the first cohort of children to receive high-quality preschool financed through the Pay for Success transaction. A review from an independent evaluator showed that, of the 110 students who were identified as at-risk, only one used special education services in kindergarten. Investors will receive a payment equal to 95 percent of the State savings for avoided special education services. The 110 students will continue to be monitored through 6th grade, generating further success payments based on the number who avoid use of special education in each year.