The Detroit Scholarship Fund — administered by the Detroit Regional Chamber — ensures that any Detroit-resident student graduating in the spring of 2015 from a high school in the city of Detroit will have a tuition-free path to an associate degree or technical certificate at any one of five participating community colleges. The colleges are Henry Ford Community College, Macomb Community College, Oakland Community College, Schoolcraft College and Wayne County Community College. In 2011, Governor Rick Snyder announced his intention to provide Detroit high school graduates with a tuition-free path to an associate degree or technical certificate. The Detroit Regional Chamber is now pleased to administer the Detroit Scholarship Fund to fulfill the Governor’s pledge.
The Broad Foundation — established by Detroit Public School graduate Eli Broad — has pledged $1 million in matching funds to the Detroit Scholarship Fund. Broad is the only man in history to build two Fortune 500 companies in different industries.