A Couple Is Raising Millions For Our Veterans
A new scholarship fund is being launched that will make it easier for U.S. veterans to get a higher education thanks to Avis and Bruce Richards of Manhattan.
Yesterday they launched their $1 Million Matching Challenge. These scholarships will help make college more affordable for vets of any military branch.
“It’s our hope that our gift will allow for a more seamless adjustment, financially, where veterans can re-enter academic life in order to best access a broad range of careers,” said Bruce Richards
The scholarship fund, which is running on the crowdfunding website CrowdRise, raised $10,000 in just 1 Veterans Day 2016 to provide veterans with the funds for college tuition and room and board. This scholarship fund would cover necessary living expenses as well. The couple has pledged to match up to $1 million of the donations from the general public.
Who gets first dibs? Scholarship awards will be based on financial need, with priority given to students eligible for federal Pell Grants.
The Post-9/11 G.I. Bill provides some funds for veterans to achieve higher education degrees. Very much like those grants, the Richardses said they want to add to the bill’s service and provide further opportunity for those who need it.
“A lot of them have the financial needs that your typical college student doesn’t have. A lot of times, the financial burden is just too great so they end up dropping out. This scholarship, we hope, will fill that gap.” – Avis Richards, founder and chief executive officer of the Birds Nest Foundation
Aside from that fund, the Richardses will be making a seperate donation of another $1 Million to the University of Maryland to provide for more scholarships to veterans.
“This is our way of saying thank you,” Bruce Richards said.