June 8th 2024.
Jay-Z's company, Roc Nation, has recently announced a new initiative aimed at promoting equity and improving education for the youth in Philadelphia. This exciting campaign, revealed on June 7, will involve the distribution of approximately $300 million in scholarships to students in need within the city. It's a big step towards providing equal opportunities for all children to receive a quality education.
The scholarship program will specifically target underprivileged children from Kindergarten to Grade 12. This means that kids from disadvantaged backgrounds will have the chance to attend prestigious private schools and access various educational institutions in Philadelphia, as reported by Billboard. The scholarship amount awarded to each student will vary depending on their education level and age group. For example, half-day kindergarteners will receive $2,500, K-8th graders will be awarded $5,000, while high school students can secure $10,000. Special needs children of any age are also eligible for the program and can receive up to $15,000 in scholarship funding.
Of course, there are certain requirements that must be met in order to be eligible for the scholarship. One of them is that the student's family cannot make more than 250% of the designated federal poverty threshold. Currently, this threshold stands at $75,000 for a family of four. This ensures that the scholarship is truly going to those who need it most.
To spread awareness about the program, Roc Nation has planned a series of events from June 10 to June 21, taking place all over Philadelphia. These events will include informational sessions about the Pennsylvania Award for Student Success, also known as PASS. The goal is to reach as many families and students as possible and provide them with the necessary information to take advantage of this opportunity.
Dania Diaz, Roc Nation's Managing Director of Philanthropy, expressed the company's dedication to investing in the long-term success of the city's changemakers. She stated, "We have enjoyed such a special connection with Philadelphians, so we've made it our mission to empower the youth and families with the knowledge to pursue their scholastic dreams, make their voices heard, and become the leaders of tomorrow." It's clear that Roc Nation is committed to making a positive impact on the community and supporting the next generation of leaders.
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