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WASHINGTON (AP) - The Bill and Melinda Gates Foundation announced a $122 million initiative Thursday to send hundreds of the District of Columbia's poorest students to college — one of the foundation's largest grants for education.
The gift from the Seattle-based foundation of the Microsoft Corp. founder will provide mentoring and college scholarships for more than 2,200 students over the next 10 years. Each will receive up to $10,000 a year for college tuition for up to five years.
The money for the D.C. Achievers Scholarships is meant to boost high school and college graduation rates among low-income students.
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