Birmingham Mayor Promises Free College Tuition to Birmingham High School Graduates
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Posted:
The mayor of Birmingham is promising to help students there attend the state’s public colleges “tuition free,” but many details of the plan are yet to come.
Birmingham Mayor Randall Woodfin posted a video Wednesday describing his so-called “Birmingham Promise.”
He created a stir Tuesday when he tweeted that in 2020, Birmingham high school graduates could attend in-state public colleges “tuition free.”
Woodfin says the program is aimed at covering funding gaps after students apply for financial aid. He adds Birmingham will contribute $10 million over five years and private donors would provide additional funds. Woodfin likened the program to a moon shot, adding “fundraising won’t be easy.”
The mayor says he’ll announce more details later.
The Birmingham City Schools have 23,000 students from pre-K through 12th grade.
https://www.facebook.com/MayorRandallWoodfin/videos/377221119564211/
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Save money on books, school supplies and everything you want to enjoy college! Financial aid, back in the olden days meant grants, scholarships, work study jobs. Loans were part of the package, but since they are available, ‘common thought’ was it is not financial aid – it was however a low interest loan. If you’re dependent on your parents, and they are below a certain income, most colleges give you much monies to help you attend their school. The middle class student with 2 working parents pays much more for their child to attend school and that student often can’t get work study job on campus. Those jobs are limited to the kids with financial aid.
If you can, or your parents can, to lower your loan debt when you leave school, if you have any monies, try to pay at least the interest while you are in school. Many loans start adding interest the day they are used to pay for school. So a $10,000 loan becomes a $12,000 amount when you leave school (example each loan is different) If you pay the interest (example $25 per month) then the $10,000 loan is only $10,000 when you leave school.