Grantmakers in the News
April 1, 2006
Charter Schools Receive Substantial Contribution from Sallie Mae Fund
The Sallie Mae Fund, which provides loans to college students, has contributed $28 million to a charter school facilities fund called Building Hope. The fund helps charter schools secure long-term facilities and expand their enrollment.
Building Hope selected the Cesar Chavez Public Charter Schools for Public Policy in Northeast DC to receive $15 million of the Sallie Mae contribution. The school has a strong reputation for its rigorous academic curriculum, unique public policy program, top-notch faculty, and comprehensive student support services. To date, 100 percent of Chavez graduates have been accepted by at least one college or university.
The Sallie Mae Fund
is located at:
12061 Bluemont Way
Reston, VA 20190
URL: http://www.thesalliemaefund.org/
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