LeBron James has pledged $87 million for kids from his hometown of Akron to attend college.
As the New York Post reports, the scholarship program is a partnership with the University of Akron to give a full college education to any child who completes LeBron’s “I Promise” campaign – which focuses on fostering educational achievement in impoverished neighborhoods.
The annual tuition is $9,500, so it’s a $38,000 commitment to each student who qualifies. There are currently 1,100 kids in the program, and 1,200 more are expected to be added in the next four years, according to the Akron Beacon Journal.
Quick math puts the total for 2,300 kids at $38,000 each at just over $87 million.
Although specific criteria for the scholarships are still up in the air, LeBron said that students will be excepted to reach a certain grade point average and must graduate from high school.
Summary post from Opportunity Lives.
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