Amazon CEO Jeff Bezos and his spouse, MacKenzie, are donating $33 million within the type of a scholarship grant to lend a hand 1,000 undocumented immigrant highschool graduates with Deferred Action for Childhood Arrivals standing attend college.
The Bezos grant comes thru TheDream.US, a scholarship fund for Dreamers. The group, which is lower than 4 years outdated, says that is the biggest grant it has ever gained. In partnership with over 70 cheap schools in 15 states, TheDream.US provides particular person scholars $33,000 in scholarship support over 4 years to lend a hand them quilt the price of tuition, charges and books.
“My dad came to the U.S. when he was 16 as part of Operation Pedro Pan,” Bezos mentioned in a remark. “He landed in this country alone and unable to speak English. With a lot of grit and determination – and the help of some remarkable organizations in Delaware – my dad became an outstanding citizen, and he continues to give back to the country that he feels blessed him in so many ways. MacKenzie and I are honored to be able to help today’s Dreamers by funding these scholarships.”
Earlier this week, Bezos was the richest individual of all time when his internet value reached $105.1 billion. At the time of newsletter, Bezos is value $108 billion. Bezos’ donation additionally comes at a time when Congress and the White House are struggling with it out over the way forward for DACA.
Since 2012, 800,000 undocumented immigrants have gained DACA standing. But DACA standing does no longer cause them to eligible for federal grants and loans, nor state support in 44 states. That’s the place TheDream.US is available in. As of now, 2,850 scholars are enrolled in college thru this program. The Bezos grant will allow TheDream.US to lend a hand an extra 1,000 scholars.
While TheDream.US group isn’t sufficiently old to have commencement charges, it says its students are thriving academically, noting that 94 p.c go back to college after their first 12 months, whilst the nationwide reasonable is simply 72 p.c.
“We expect a 75% graduation rate,” TheDream.US President Candy Marshall mentioned in a remark. “This is extraordinary—extraordinary for any students; extraordinary for the colleges they attend; and extraordinary for students from low-income families in particular.”