Gina Raimondo releases plans for higher education

Stefanie Botelho's picture
Monday, June 9, 2014

Gina Raimondo, one of four Democratic candidates for governor, said Thursday that she wants to create a college scholarship fund for academically qualified students in Rhode Island.

The fund, she said, would make tuition at the state’s three public institutions — Community College of Rhode Island, Rhode Island College and the University of Rhode Island — “a reality for any Rhode Island high school student who wants a degree but can’t afford to attend college.”

Raimondo estimates the program will cost between $10 and $15 million a year. The seed money would come from the Rhode Island Higher Education Assistance Authority, which she said has in excess of $25 million in reserves.

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