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California Community-College Endowment for Student Aid Nets $68-Million

A three-year campaign to establish a financial-aid endowment for community-college students in California has raised nearly $68-million, the Foundation for California Community Colleges announced today. The fund was begun in 2008 with a $25-million gift from the Bernard Osher Foundation, which contributed an additional $14.2-million in matching dollars after the colleges raised $28.5-million. About 3,400 students are expected to receive scholarships from the endowment each year.

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