Saturday, June 21, 2014
JPMorgan Expands ‘The Fellowship Initiative’ To Help Disadvantaged High Schoolers Get Into Top Colleges
The Fellowship Initiative, which JP Morgan Chase launched in NYC four years ago to help disadvantaged high school students get into top colleges, is expanding Chicago and Los Angeles. The expanision is due to the program's success so far in NYC.
The program has 120 minority high school students — 40 in each city — and offers academic training, leadership retreats and college application support.
“These young men need access to high-quality education and positive role models in and outside the classroom,” said Jamie Dimon, the bank's ceo and president.
The program has already produced impressive returns — all 24 fellows in the inaugural class graduated high school on time and gained admission to top colleges. In all, they received scholarships and grants totaling $8.4 million...