Scholarship fund established for Detroit kids, hopes to grow

Detroit youths may potentially have a monetary boost coming through the Detroit College Promise fund, a grassroots effort to fund college tuition for graduating Detroiters.

Excerpt:

Bingham Farms business owner Nat Pernick has founded the Detroit College Promise in the hopes of raising an initial $500,000 in pledges by this fall.

While that amount would equate to just one-tenth of the estimated cost of funding college tuition for graduating seniors' first year, it would signal community backing for the project and hopefully spark broader support, Pernick said.

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