LeBron James is a well-known professional basketball player from America who has a net worth of $ 250 million. Recently he has started a program “I Promise” wherein the qualifying students will get four-year scholarships. For this purpose, LeBron has teamed up with the University of Akron.
Lebron James is the winner of NBA championship which earned him a handsome amount of money. He will be donating a good amount of the money for his program “I Promise” that will change the lives of 1100 underprivileged children from Akron, Ohio by providing them a free college education. The scholarship will cover the University’s general fee as well as its tuition fee( which amounts to approximately $9500 per year). The total donation amount equals to $41.8 million.
LeBron James Family Foundation and the University of Akron are setting up the standards for the Scholarship. In the race for the scholarship, the Akron students will have to graduate from a Public High School, meet the minimum testing standards and perform community service.
“Its the reason I do what I do” said LeBron. ” These students have big dreams and I am happy to do everything I can to help them get there. They are going to have to earn it,but i am excited to see what these kids can accomplish knowing that college is in their future.”
LeBron along with his foundation has been working for the youth of Akron. They are inspiring kids to reach their potential. For the same, they met Dr. Scott Scarborough( the president of the University) for their program.
Akron is giving a new name to its education Department as LeBron James family Foundation College of Education. Te first group of Scholars under the LeBron’s scholarship will graduate in the year 2021.