David Gipp, a member of the board of trustees for the Cobell scholarship fund. Photo from United Tribes Technical College

The Interior Department has transferred another $1 million into the Cobell scholarship fund.

The $3.4 billion Cobell trust fund settlement established a $1.9 billion land consolidation program. A portion of every sale from the Land Buy-Back Program for Tribal Nations goes to the scholarship fund.

“The scholarships awarded through this fund will give Native American students the opportunity to pursue their educational dreams so that they can become full-fledged participants in charting the future course of Indian Country," Hilary Tompkins, a member of the Navajo Nation who serves as Solicitor at DOI, said in a press release. “This investment in our next generation of tribal leaders will be a lasting, living legacy for Indian nations.”

With the latest transfer, the fund now boasts a balance of more than $4.5 million. The scholarships are being administered by the American Indian College Fund.

A board of trustees -- which recently added David Gipp, the president of the United Tribes Technical College, as a member -- oversees the fund.

Get the Story:
Press Release: Interior Transfers Another $1 Million from Land Buy-Back Program to Cobell Education Scholarship Fund (DOI 10/1)

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David Gipp from UTTC joins Cobell scholarship board of trustees (08/13)
DOI puts another $2.9M from land sales into Cobell scholarships (07/01)
DOI makes transfer of nearly $580K into Cobell scholarship fund (4/2)
DOI announces two choices for Cobell scholarship board (1/15)