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(CBS DETROIT) — Michigan is kicking off a $1.5 million tuition giveaway in celebration of the thirty fifth anniversary of the Michigan Schooling Belief (MET), Gov. Gretchen Whitmer introduced Thursday.
100 kids as much as 5 years previous will likely be chosen to obtain $15,000 pay as you go tuition.
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Officers say Michiganders 18 years and older will likely be eligible to enter on behalf of the youngsters. Candidates can solely enter as soon as however a number of individuals can enter on behalf of the identical baby.
The pay as you go tuition could also be used to pay for future tuition and obligatory charges at a group school, school, college or commerce faculty in accordance with MET phrases and circumstances.
“This life-changing giveaway is an superior approach to have fun 35 years of serving to Michigan households save for larger training,” Whitmer mentioned. “It’s going to assist extra college students attain the training and expertise they might want to obtain their profession objectives and produce us nearer to assembly our purpose of 60% of working-age adults with a talent certificates or school diploma by 2030.
“I applaud Treasurer Eubanks and the MET Board for making this chance doable, and I particularly wish to thank Governor Blanchard for his management and long-term imaginative and prescient which have left a outstanding legacy. I’d encourage any household occupied with saving for larger training to look into MET — as my mother and father did for me — and begin at present.”
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The MET plan was proposed in 1986 by then Gov. James Blanchard throughout his State of the State tackle. Blanchard signed it into regulation later that yr.
“Quite a bit has modified over the previous 35 years, however one factor nonetheless holds true at present — a household’s want to assist put their kids on the trail to a vibrant and profitable future,” Blanchard mentioned. “Again then, mother and father and grandparents didn’t have loads of choices to avoid wasting for a kid’s larger training. We created MET, and it has been a key that has helped unlock alternatives for tens of 1000’s of Michiganders to obtain the training, coaching and expertise that result in higher jobs, social mobility and financial safety. I’m pleased with the lasting influence MET has had on so many.”
Giveaway entries are accepted till Aug. 31. Winners will likely be introduced in a sequence of drawings starting Sept. 12.
For extra data and to enter the giveaway, go to METgiveaway.com.
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