The University System of Georgia (USG) is launching a need-based scholarship program financed through the private sector.
The USG Foundation raised more than $4.5 million in startup funds for the new DREAMS Scholarship to help students bridge financial gaps, system Chancellor Sonny Perdue announced Saturday during the annual Regents’ Scholarship Gala.
The first scholarship will go to a junior majoring in biology at Georgia Tech. Funded in part with $2 million in seed money from Truist Charitable Fund, DREAMS will provide up to $3,000 per year to eligible students.
The program encourages student responsibility by expecting part-time employment or volunteer service by participants. Once fully built out, the program aims to serve not only USG students but those enrolled in one of Georgia’s technical colleges.
