UC launches $1B fundraising drive for students - San Jose Mercury News:
"FRESNO — Chong Xiong was on the edge of her seat when University of California President Mark Yudof announced an ambitious plan today that would guarantee students who are accepted into the system would have the money to pay for their education.
'Now my parents won't have to worry,' said the junior who wants to study science at the Irvine campus.
Yudof chose an assembly at Sunnyside High School in the heart of the rural San Joaquin Valley to unveil the $1 billion fundraising effort that would ensure students with annual family incomes of $70,000 or less would pay no fees.
At the school on Fresno's impoverished east side, the families of all but 30 of the 3,000 students would meet that income threshold. The region has been hard hit by unemployment and foreclosures."
"FRESNO — Chong Xiong was on the edge of her seat when University of California President Mark Yudof announced an ambitious plan today that would guarantee students who are accepted into the system would have the money to pay for their education.
'Now my parents won't have to worry,' said the junior who wants to study science at the Irvine campus.
Yudof chose an assembly at Sunnyside High School in the heart of the rural San Joaquin Valley to unveil the $1 billion fundraising effort that would ensure students with annual family incomes of $70,000 or less would pay no fees.
At the school on Fresno's impoverished east side, the families of all but 30 of the 3,000 students would meet that income threshold. The region has been hard hit by unemployment and foreclosures."