February 4, 2000
White House Designs Aid Program to Help Colleges Keep Low-Income Students
Seeking to test strategies for reducing the number of college dropouts, the Clinton administration has proposed a grant program for institutions that is designed to avoid a familiar political squabble.
The administration's budget for the 2001 fiscal year, to be released next week, will include $35-million for College Completion Challenge Grants, a program of matching funds to help colleges retain more low-income students. The White House made a similar proposal last year, but Congress
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