TheDream.us Receives $30 Million in Pledges for Dreamers' Education

TheDream.us Receives $30 Million in Pledges for Dreamers' Education

TheDream.us has announced pledges totaling $30 million in support of its national scholarship fund, which aims to provide scholarships to at least five thousand undocumented immigrants with DACA (deferred action for childhood arrivals) status.

Commitments of $15 million each from former Washington Post publisher Donald E. Graham and the Pershing Square Foundation, which was established by Giving Pledge signatory Bill Ackman, will provide twelve hundred "DREAMers" with $25,000 scholarships that can be used to obtain a bachelor's degree at any of TheDream.us national partner colleges. The latest pledges from Graham and Ackman are in addition to previous commitments of $10 million made by each.

Established last year, TheDream.us aims to help immigrant youth with DACA status to complete a college education. Amounts of the awards vary depending on a student's demonstrated financial need and tuition costs at the college of his or her choice. DREAMer Scholars must maintain a cumulative 3.0 GPA, remain continuously enrolled, and remain DACA eligible.

"My great grandparents were immigrants to this country and ultimately paged the way for my parents and me to get a wonderful education," said Ackman. "I am delighted to be able to pay it forward by expanding the Pershing Square Foundation’s partnership with TheDream.us."

"Donald Graham and Bill Ackman Kick Off TheDream.us “I’m In” Campaign With $30 Million in Pledges" TheDream.us Press Release 05/27/2015.