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Goldman Sachs Announces $4 Million in Grants to Community Colleges

April 26, 2016

Goldman Sachs, the investment banking firm, on Monday announced that it would distribute $1 million in competitive grants for nine community colleges around the country. Those grants, which are aimed at community college endowments and will support need-based financial aid, follow $2 million in gifts for LaGuardia Community College, which is located in New York City. The new grants from the firm's Goldman Sachs Gives fund also will be matched with $1 million from donors to the colleges.

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Paul Fain

Paul Fain, Contributing Editor, came to Inside Higher Ed in September 2011, after a six-year stint covering leadership and finance for The Chronicle of Higher Education. Paul has also worked in higher ed P.R., with Widmeyer Communications, but couldn't stay away from reporting. A former staff writer for C-VILLE Weekly, a newspaper in Charlottesville, Va., Paul has written for The New York Times, Washington City Paper and Mother Jones. He's won a few journalism awards, including one for beat reporting from the Education Writers Association and the Dick Schaap Excellence in Sports Journalism Award. Paul got hooked on journalism while working too many hours at The Review, the student newspaper at the University of Delaware, where he earned a degree in political science in 1996. A native of Dayton, Ohio, and a long-suffering fan of the Cincinnati Bengals, Fain plays guitar in a band with more possible names than polished songs.

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