Colleges – The Promise Fund
To enable college students to explore their full potential, the Foundation’s Promise Fund provides for necessities not otherwise covered in financial aid packages.
College students on financial aid receive assistance for tuition, room, and board, supplemented by work opportunities and access to loans. In many instances “extras”, such as personal computers, textbooks, laboratory fees, musical instruments, photographic, art and other supplies, are not covered by grants. These necessities add to students’ financial burden and may lead them to choose courses based not on ambition or pursuit of excellence, but on cost considerations.
The Promise Fund makes specific grants for such “extras”.
Through 2012, the Fund has disbursed $150,000 in grants to students at Yale University and Amherst College, to expand their academic experience and reduce their debt burden.
Please click here for comments from grant recipients.