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We believe that people matter more than profits and those genuinely seeking a second chance should get it. By equipping individuals with life and vocational skills, we instill self-worth and help change families, communities and beyond.

Children in care have already experienced the trauma of being removed from their homes and families. Placing them with strangers only compounds that trauma. Placing them in the homes of relatives or fictive kin reduces the chance for further trauma, while at the same time maintains their connection to their communities and cultures.

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The Second Chance Business Coalition promotes the benefits of second chance employment and provides employers with resources to hire and provide career advancement to people with criminal records.

In a recent survey about half of responding SCBC companies say they track the number of individuals with criminal records they employ. Of those, nearly three-quarters reported that more than 5 percent of their new hires are second chance candidates.

We must commit to second chances from the earliest stages of our criminal justice system. Supporting second chances means, for example, diverting individuals who have used illegal drugs to drug court programs and treatment instead of prison. It requires eliminating exceedingly long sentences and mandatory minimums that keep people incarcerated longer than they should be. It means providing quality job training and educational opportunities during incarceration to prepare individuals for the 21st century economy. And it means reinvesting the savings from reduced incarceration into reentry programs and social services that prevent recidivism and leave us all better off.

April marks Second Chance Month, when we reaffirm the importance of helping people who were formerly incarcerated reenter society. America is a Nation of second chances, and it is critical that our criminal and juvenile justice systems provide meaningful opportunities for rehabilitation and redemption. It is also vital that we address both the root causes of crime and the underlying needs of returning citizens using resources devoted to prevention, diversion, reentry, trauma-informed care, culturally-specific services, and social support. By supporting people who are committed to rectifying their mistakes, redefining themselves, and making meaningful contributions to society, we help reduce recidivism and build safer communities.

But despite our progress, much more work remains. Our Federal, State, local, territorial, and Tribal governments, private employers, philanthropies, and community leaders play a significant role in preparing individuals returning to our communities for success. Together, let us recommit to empower Americans who have paid their debt to society and to provide them with a second chance to participate, contribute, and succeed.

In December 2020, lawmakers expanded access to Pell Grants once again to include students who are incarcerated, as long as they are enrolled in prison education programs that are approved by their state corrections departments or the Federal Bureau of Prisons and that meet other requirements. The expansion of the Second Chance Pell Experiment will allow for opportunities to study the best practices for implementing the reinstatement of Pell Grant eligibility for incarcerated students, and will expand the geographic range of the programs. Expanding the experiment will also allow for a wider variety of postsecondary education programs that serve a more diverse population.

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Second Chance Pell has enabled more than 40,000 students to enroll in postsecondary education while incarcerated. Almost all participating colleges will continue their prison education programs using Pell Grants following the close of the experiment. However, racial and gender disparities persist in both enrollments and completions.

Second Chance Month, established and observed in the United States during April since 2017, is a nationwide effort to raise awareness of the collateral consequences of a criminal conviction and unlock second-chance opportunities for justice-involved individuals who are returning to their communities. In America, 95 percent of the nearly 2 million people incarcerated will be released at some point and will, therefore, return to our communities as our colleagues, neighbors, and co-workers.

Each year, more than 600,000 individuals are released from state and federal prisons. Advancing policies and programs that enable these men and women to put their lives back on track and earn their second chance promotes not only justice and fairness, but also public safety. That is why this Administration has taken a series of concrete actions to reduce the challenges and barriers that the formerly incarcerated confront, including through the work of the Federal Interagency Reentry Council, a cabinet-level working group to support the federal government's efforts to promote public safety and economic opportunity through purposeful cross-agency coordination and collaboration.

The number of jobs requiring only a high school diploma continues to decline drastically. As the US economy becomes increasingly knowledge-based, the need for some form of postsecondary education becomes essential.

Third-quarter investment and other income was $80.1 million or a 1.4 percent decrease in income from $81.2 million during the second quarter of 2019. Operating expenses were $48.2 million. The provision for insurance losses increased by $7.9 million.

The Second Chance Pell experiment was established in 2015 and provides need-based Pell Grants to incarcerated individuals to allow them to participate in eligible postsecondary programs. With the passage of the Free Application for Federal Student Aid (FAFSA) Simplification Act in 2020, Congress expanded the ability to serve confined or incarcerated individuals by reinstating Pell Grant eligibility for otherwise-eligible confined or incarcerated individuals enrolled in eligible prison education programs (PEPs) beginning July 1, 2023. As a result, the current Second Chance Pell experiment will end on June 30, 2023.

We are pleased to announce that a Federal Register notice was published on April 18, 2023, that invites postsecondary educational institutions that currently participate in the Second Chance Pell experiment to apply to participate in a new experiment under the Experimental Sites Initiative (ESI). The revised Second Chance Pell experiment will provide new waivers to allow current Second Chance Pell institutions to continue serving their confined or incarcerated students after July 1, 2023. This will give participating institutions time to seek Department approval of their PEPs (as defined under the new regulations in 34 CFR part 668 subpart P) and avoid interrupting the educational opportunities of confined or incarcerated students currently enrolled in approved programs under the experiment. Specifically, the revised experiment will allow current participating institutions to continue offering their current programs to confined or incarcerated individuals for up to 3 award years while they work through the application and approval process for the PEP(s) they wish to offer under the new provisions.

This revised experiment will waive the statutory provision in new HEA section 484(t)(3), requiring that a student confined or incarcerated in a Federal or State penal institution be enrolled in an eligible PEP (as defined in subpart P of 34 CFR part 668) in order to receive a Pell Grant. The experiment will allow some otherwise-eligible students who are confined or incarcerated in Federal or State penal institutions to receive a Pell Grant to help cover the costs of their participation in a postsecondary education and training program offered by a participating postsecondary educational institution while the institution works to meet the new PEP requirements. Participating institutions must reach specific milestones that demonstrate progress toward developing approved PEP(s). e24fc04721