One Million Degrees Scholarship. The One Million Degrees Scholarship (OMD), formerly known as the Illinois Education Foundation Signature Scholarship. One Million Degrees, Chicago. Gefällt Mal. One Million Degrees empowers low-income, highly motivated community college students to succeed in. One Million Degrees (OMD) provides academic, professional, personal and financial supports to highly motivated low-income students pursuing an associate's. The year's going great! Our OMD Family is Growing! One Million Degrees was an organization that assisted students in making significant strides in their lives. City Colleges of Chicago graduation rate represents the percentage of first-time, full-time students who graduate with an associate's degree or certificate within percent of normal time. Learn more about JPMorgan Chase's partnership with OMD by reading the full press release. In addition, OMD has work underway to better engage with the workforce needs in the local community to further support their scholars.