$30M for Scholarships for Undocumented Students

May 11, 2015

Two gifts of $15 million each were announced last week to TheDream.US Foundation, which supports financial aid for students who lack the legal documentation to live permanently in the United States, The New York Daily News reported. The $30 million is believed to be the largest infusion of funds ever to help such students. The foundation works closely with the City University of New York, whose students have received half of the scholarships from the foundation. Financial aid is particularly important to undocumented students, as they are ineligible for federal aid. The donors are Donald Graham, former CEO of The Washington Post, and Bill Ackman, a hedge fund manager.

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