DOI transfers nearly $8M to Cobell scholarship fund

WASHINGTON – The Department of the Interior announced on Jan. 11 that an additional $7.9 million has been transferred to the Cobell Education Scholarship Fund, bringing the total amount contributed to more than $47 million.

The scholarship fund – funded in part by the Land Buy-Back Program for Tribal Nations and authorized by the Cobell Settlement – provides financial assistance through scholarships to American Indian and Alaska Native students wishing to pursue post-secondary and graduate education and training.

The Cobell board of trustees oversees the scholarship fund, while the Indigenous Education Inc., a nonprofit corporation created to administer the scholarship program, oversees it.

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