April 6, 2009
Sloan Foundation Ends Major Grant Program for Online Education
The Alfred P. Sloan Foundation is closing its online-education grant program, a foundation official has told The Chronicle. Some college officials are concerned that the decision will leave a fast-growing sector of American higher education without a major source of support.
The New York City-based foundation has funneled roughly $80-million since the early 1990s into online-education ventures around the country. The philanthropy's impending withdrawal has aroused
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