In a move aimed at bringing educational services to underserved residents and making money for the cash-strapped Pasadena Unified School District, Pasadena City College officials plan to open a satellite campus this fall at John Muir High School in Northwest Pasadena.

PCC Northwest will be the college’s fourth campus and third satellite location in Pasadena. It is PCC’s only satellite to share a campus with students in ninth through 12th grade.

Along with the main campus on Colorado Boulevard, there are also stand-alone PCC satellite campuses on Foothill and Rosemead boulevards.

The college will operate full time out of John Muir’s more than 53,000-square-foot D Building and offer accredited courses, academic support and career guidance. A separate agreement between PCC and PUSD allows college students to be present in the building and surrounding areas on Muir’s campus while high school is in session.

In return, PUSD will receive $150,000 a year for 10 years, with an option for a five-year extension.

PUSD is presently close to financial insolvency, which has prompted threats of takeover by the Los Angeles County Office of Education (LACOE) if immediate steps aren’t taken toward financial stability.

With state financing predicated on student average daily attendance, ADA, and the district steadily losing students, PUSD faces a $3 million budget shortfall this year and a $12 million deficit next year. Among money-making options being looked at by the Board of Education is selling or trading the district’s Education Center site on South Hudson Avenue.

The move comes following a survey conducted for PCC that found most residents agreed that self-enrichment and training courses could lead to better jobs.

“I’m so pleased that our college will be offering quality programs and services to our local neighborhoods — really, right in our backyard,” said PCC Trustee Berlinda Brown, whose district includes Northwest Pasadena. “The value of a college education is really immeasurable, and it can impact families and communities for generations after a student has finished his or her studies. To make this available to residents of Northwest Pasadena is truly a dream come true.”