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Jeff Bezos donates $33 million to fund college scholarships for Dreamers

Amazon CEO Jeff Bezos and his spouse, MacKenzie, are donating $33 million within the type of a scholarship grant to assist 1,000 undocumented immigrant highschool graduates with Deferred Motion for Childhood Arrivals standing attend school.

The Bezos grant comes by way of 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 The group, which is lower than 4 years outdated, says that is the biggest grant it has ever acquired. In partnership with greater than 70 low-cost faculties in 15 states, TheDream.US presents particular person college students $33,000 in scholarship help over 4 years to assist them cowl the price of tuition, charges and books.

“My dad got here to the U.S. when he was 16 as a part of Operation Pedro Pan,” Bezos mentioned in an announcement. “He landed on this nation alone and unable to talk English. With quite a lot of grit and dedication – and the assistance of some outstanding organizations in Delaware – my dad grew to become an impressive citizen, and he continues to present again to the nation that he feels blessed him in so some ways. MacKenzie and I are honored to have the ability to assist immediately’s Dreamers by funding these scholarships.”

Earlier this week, Bezos grew to become the richest individual of all time when his web value reached $105.1 billion. On the time of publication, Bezos is value $108 billion. Bezos’ donation additionally comes at a time when Congress and the White Home are battling it out over the way forward for DACA.

Since 2012, 800,000 undocumented immigrants have acquired DACA standing. However DACA standing doesn’t make them eligible for federal grants and loans, nor state help in 44 states. That’s the place TheDream.US is available in. As of now, 2,850 college students are enrolled in school by way of this program. The Bezos grant will allow TheDream.US to assist a further 1,000 college students.

Whereas TheDream.US group isn’t sufficiently old to have commencement charges, it says its students are thriving academically, noting that 94 % return to school after their first yr, whereas the nationwide common is simply 72 %.

“We anticipate a 75% commencement price,” TheDream.US President Sweet Marshall mentioned in an announcement. “That is extraordinary—extraordinary for any college students; extraordinary for the universities they attend; and extraordinary for college kids from low-income households particularly.”

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