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Obamas Team Up With Airbnb Founder To Launch $100 Million Scholarship Fund

Avisionews by Avisionews
May 16, 2022
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Barack and Michelle Obama mentioned they acquired a $100 Million contibution for Voyager Scholarship. (File)

Washington:

Former US president Barack Obama introduced at this time he has teamed up with Airbnb’s founder to launch a $100 million scholarship geared toward serving to college college students who pursue careers in public service.

Obama and former first woman Michelle Obama mentioned they acquired a $100 million contribution from the house rental platform’s chief government Brian Chesky to start out the Obama Basis’s Voyager Scholarship, a two-year program eligible for juniors and seniors in universities.

The scholarship, geared toward easing individuals’ school debt burden and selling journey experiences early of their careers, will help 100 college students in its first yr however will develop as this system ramps up, the Obama Basis mentioned.

“If we wish this subsequent technology of leaders to have the ability to do what they should do, they’ve to fulfill one another. They should know one another. They’ve to grasp one another’s communities,” Barack Obama, US’ first Black President, mentioned in a video with Mr Chesky asserting this system.

“You are going to discover younger folks from each nook of this nation who’re going to be future change-makers. There are leaders all over the place. We simply have to seek out them.”

College students will obtain as much as $50,000 in monetary support plus a stipend to pursue a summer time work and journey expertise. After commencement, Airbnb would supply them with $20,000 in journey credit over a 10-year interval.

The Obama Basis, based in 2014 in Chicago, has two earlier scholarship packages in coordination with the College of Chicago and Columbia College.

(Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)

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Tags: AirbnbFounderfundLaunchmillionObamasScholarshipTeam
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