Bush Proposes Silver Scholorship Programs

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George Bush has proposed increasing funding for the Senior Corps to $250 million to increase the number of volunteers by 50%. He also has proposed establishing a "Silver Scholarship" program to allow seniors to work in after-school programs in exchange for educational scholarships. Under this proposal, Senior Corps volunteers who spend at least 500 hours a year tutoring and mentoring students in after-school or in-school programs will be eligible to earn a $1,000 scholarship that can be deposited in an education savings account for use by their children, grandchildren, or another child in need. He also proposes an additional $50 million over five years for the Senior Demonstration Program, to enable senior volunteers to provide scholarships to 50,000 children.

George Bush has proposed increasing funding for the Senior Corps to $250 million to increase the number of volunteers by 50%. He also has proposed establishing a "Silver Scholarship" program to allow seniors to work in after-school programs in exchange for educational scholarships. Under this proposal, Senior Corps volunteers who spend at least 500 hours a year tutoring and mentoring students in after-school or in-school programs will be eligible to earn a $1,000 scholarship that can be deposited in an education savings account for use by their children, grandchildren, or another child in need. He also proposes an additional $50 million over five years for the Senior Demonstration Program, to enable senior volunteers to provide scholarships to 50,000 children.