Americans to score $1,000 monthly payments in free money from new ‘boost’ program – and there are no strings attached
Through a new program, Americans might get $1,000 monthly payouts with no conditions.
Every month, a portion of a massive $3 million pot of money might go to a certain set of children.
Some individuals wishing to begin careers in health will get $1,000 payments each month under the BOOST program.
Under this program, qualified students will get 12 installments over the course of a year.
Across four campuses of the Los Angeles Community College District, 250 students will have access to this guaranteed basic income program.
Among them are LA City College, LA Trade-Technical College, LA Southwest College, and East LA College.
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According to the LACCD, the goal of this initiative has been to increase the disparity between earnings, financial aid, and student expenses.
This is the largest GBI program among community institutions thanks to the enormous $3 million pot of money.
Following financial donations from three charities, the Los Angeles Community College District established this program.
ELIGIBILITY
To be eligible for the funds, students must be enrolled in a health-related program at one of the four LACCD universities.
Additionally, they have to meet L.A. County’s definition of low-income.
In order to qualify for this free money, students must also demonstrate how their inability to pay for college has impacted their capacity to study.
The first batch of funding was distributed in November after 250 students were chosen to receive the free money.
By Thanksgiving, these students should have received their first $1,000, according to college officials.
According to LAist, the program’s administrators said that it would enable underprivileged students to help their families, meet their basic necessities, and complete their degrees.
According to the LACCD’s interim chancellor, “they face financial insecurity, many of them having to make a choice between going to school or getting a job [and] many are the sole providers for their families.”
EXTRA CASH
The U.S. Sun has previously stated that Americans may also qualify for free money through other initiatives.
Some families in California have received checks totaling thousands of dollars.
Alameda County has seen the inauguration of a new United Way Bay Area initiative.
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Last month, UWBA unveiled the first guaranteed basic income pilot program as part of its efforts to combat poverty in the Bay Area.
A $3,000 deposit has already been given to 100 families, with additional recurring payments planned for the entire year.
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