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MEWA reports rising enrollment, lower four-year graduation rate and strong cash reserves
Summary
Metro East Web Academy reported enrollment growth to 1,058 students, high mobility (52%), and a decline in its 4‑year graduation cohort from 57% to 48%; MEWA also reported $6.8 million in cash on hand (306 days of operation).
Representatives from Metro East Web Academy presented their annual report to the board, saying MEWA serves 1,058 students and that 494 of those are associated with Gresham-Barlow (including 140 students in special education, 92 English‑language learners, and 98 students with 504 plans). MEWA noted a mobility rate of 52 percent and said the school is examining why students who enroll mid-year—particularly in 10th and 11th grades—earn fewer credits than those who enroll earlier.
MEWA reported a drop in their four‑year graduation cohort from 57 percent to 48 percent year over year and attributed some of the decline to lower early‑college participation. Financially, MEWA said it added $1.162 million to its ending fund balance and currently holds $6.8 million in cash on hand—equivalent to 306 days of operation—and that the amount required by a loan agreement is $1.3 million (60 days). Board members asked follow-up questions about participation rates, re‑engagement strategies for mobile students, and plans to host graduation at Mt. Hood Community College to increase attendance.
