According to ESPN lebron james who recently signed a two-year, $47 million contract with the Cleveland Cavaliers in July had pledged a scholarship that would cover tuition and service fees at about $9,500 a year. And as many as 2,300 kids could benefit.
This scholarship would covers for every student at the University of Akron in his I Promise program who qualifies.
This is an awesome move from LeBron James. He is putting his multimillion-dollar salary to good use.
Although the Requirements for the scholarships have not yet been finalized, but ESPN notes that students would have to graduate from an Akron public high school and meet various standardized testing and community service criteria. The first eligible group is this year's seventh grade class, who will graduate high school in 2021.
