R.K. Mellon Foundation gives $9 million to Promise fund The Richard King Mellon Foundation this morning announced it will give the Pittsburgh Promise college scholarship program $9 million over three years.
With the first $3 million installment of that gift, the Promise's fund-raising total for the school year is about $11.5 million. In all, the program must raise $15 million by June 30 to leverage the first $10 million of a $90 million challenge grant from University of Pittsburgh Medical Center.
The Promise awards scholarships to graduates of the Pittsburgh Public Schools and city charter schools.
Thursday, February 26, 2009
R.K. Mellon Foundation gives $9 million to Promise fund
More money for the Pittsburgh Promise isn't going un-noticed.
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2 comments:
What nice photos of you and your family ("various photos")!
On the subject of 3 year college- the post says "...the trend for colleges and universities is to condense the undergraduate years from four to three."
But, see yesterday's NYT "An Option to Save $40m000; Squeeze College Into 3 Years." ttp://www.nytimes.com/2009/02/25/education/25hartwick.html?_r=1
It seems like 3 years is very much an exception rather than a trend.
3 year programs would also result in a narrow "pre-professional" approach; in only their second year students would need to worry about lining up key summer positions, and then in the fall go on to job interviews or grad school applications and testing. And with many grad programs very competitive, it would be hard for those students to compete with others who had more time to build resumes and relationships for recommendations.
Re: credits for IB courses- another article recently applied that colleges do not award credits for these programs unless students were part of the entire 2 year program.
With so many scholarship programs available (including the Pgh Promise!) students who rush the college experience may well regret it later.
Oops- sorry- commented under the wrong post.
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