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Oakland Students Receive $50 Million Fund to Help Pay for College

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Last Updated on August 18, 2022 by
Oakland-Students-Receive-50-Million-Fund-To-Help-Pay-For-College

Written By Student Hires  |  News  |  0 Comments | August 16, 2022

Oakland students will receive a $50 million fund to help pay for their college tuition and supplies. Mayor Libby Schaaf and Vice President Kamala Harris announced on August 12th, 2022, that the money will go to Oakland Promise. The Oakland Promise is a scholarship and support program that helps young students in Oakland graduate from college every year. This program provides Oakland residents with college savings accounts.

The 50 million raised by Mayor Libby Schaaf through corporate and individual donations will help fund $500 low-income savings accounts for the city’s newborn babies. The money will also provide up to $1000 a year for low-income families and public school students to get the necessary supplies. Families can have this money in their savings account created by CalKIDS, which allows students to save money for college who otherwise wouldn’t be able to.

These efforts are being made because of California’s historic budget increase and Mayor Schaaf’s campaign to ensure students are taken care of. At the start of her campaign, she launched the Oakland Undivided, a campaign to provide quality internet and laptops in OUSD in collaboration with Oakland Promise. Her office has also been a part of the regularly updated Oakland Teacher Residency Program. This program gives teachers affordable housing and proper facilities to live more comfortably.

Student Hires Programs

Student Hires is committed to providing high-quality experiential learning opportunities for K-12 students in our community. Our programs are designed to increase the career readiness of disadvantaged youth by providing them with hands-on experience in various industries.

Our college student employees are carefully selected and trained to ensure that they can provide our participants with the skills and knowledge they need to succeed. In addition, our programs are affordable and accessible, making them accessible to all families in our community.

We believe that all students deserve the opportunity to explore their potential and prepare for their future, and we are dedicated to making that possible. We also ensure that the grants we use to produce our programs are used responsibly to benefit the students in our programs.

Conclusion

Low-income Oakland students will now be able to attend college without worrying about how they will pay for it; This is a massive step in the right direction, and we hope more areas are given benefits to help low-income families. Hopefully, these funds help students who otherwise wouldn’t have gone to college because of pandemic struggles reach their goals.


Last Updated on August 18, 2022 by Student Hires

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