The Black Lives Matter Global Network Foundation launched a new relief fund Monday aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis.
The foundation said it set aside $500,000 for the fund and plans to award more than 500 recipients with relief payments ranging from $750 to $4,500. A public application process for the fund opened on Monday, and recipients will receive their money in January if selected. Details about the fund were shared with The Associated Press ahead of the launch.
