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Deadline Approaching To Apply For Foster Scholarships

Young adults who have experienced foster care on or after their 13th birthday now have more time to apply for a scholarship from the Fostering Futures Scholarship Trust Fund, according to the Michigan Department of Treasury. The department says the deadline to apply is now August 1. The Michigan Education Trust’s Diane Brewer told us earlier this year the Fostering Futures program pays for tuition, fees, room, board, books and supplies at a degree-granting college or university for young people coming out of foster care. “Approximately 70% of students who come out of foster care would like to attend college,” Brewer said. “The percentage that actually will go on to college is about 10%, and of that, less than 3% will graduate, and a lot of that has to do with the expense of college.”

DBusiness Daily Update: Michigan Launches College Savings Mobile App, Liberty Bank Chooses Detroit's Autobooks to Support Small Businesses, and More

DBusiness Daily Update: Michigan Launches College Savings Mobile App, Liberty Bank Chooses Detroit's Autobooks to Support Small Businesses, and More
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