Texas colleges and universities will offer $500,000 in scholarship funding to San Antonio College students who are graduating from high school this year, a program launched by the school’s president and chief financial officer.
President Carlos Bocanegra announced the award at a ceremony Saturday to announce the funding for San Antonio College students.
Bocanes said the $500k was to cover expenses related to tuition, room and board and other student expenses.
He said the funding would go toward financial aid for students graduating this fall, and will help students who would otherwise be out of pocket.
Bocanes also announced the new initiative that will allow students to get into college for free.
Boca said he believes it will lead to a more educated student body in San Antonio and beyond.
“It will help us become a community university in the San Antonio area and to become a university of higher learning,” he said.
“We want to create a new generation of scholars.”
The $500K will be matched by the State of Texas.
“We want the students who will graduate in San Anantonio to have access to college, because it’s going to make our city better and a better place,” he added.
“It’s the only place in Texas that will offer this opportunity.”