CollegeBound, a four-year-old, non-profit organization that assists city high school graduates attend college, is running low on money. This is a real setback; the program has produced a remarkable track record in a short period of time.
Mayor Kurt L. Schmoke, the Greater Baltimore Committee and Baltimoreans United In Leadership Development created CollegeBound in 1988. Its mission was to increase the number of city students attending college by removing some of the financial impediments. In its short history, it has provided assistance to nearly 1,600 city students. Without this aid, virtually none of these students would have been able to attend college.
With a new semester starting within weeks, CollegeBound needs $150,000 to meet a growing demand. It also needs extra funds to provide financial assistance to another two dozen students who have qualified for help. These students do not need large amounts because the program provides only "last dollar" assistance. Its grants cover the shortfall created when the family contribution and the college aid packages are less than the cost of tuition, room and board and books.