The late Elouise Cobell meets President Barack Obama at the White House. December 8, 2010. Official White House Photo by Pete Souza
The American Indian Graduate Center is accepting applications for the first round of scholarships from the Cobell trust fund settlement. Applications are due June 1. Scholarships will be awarded for the upcoming fall semester. "We at AIGC are eager to fund applicants for the Cobell Scholars Program beginning with the Fall 2015 term. The provision of a scholarship program in conjunction with the Cobell settlement was an inspired idea, and we are pleased to have been selected to administer the program,” Sam Deloria, the director of the American Indian Graduate Center, said in a press release. 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 into the scholarship fund. The settlement allows for up to $60 million to be deposited into the fund. As of April, the Interior Department has transferred more than $17 million into the fund and the money will be used in a way to keep the scholarship program going for a long time. Scholarship recipients must be members of federally recognized tribes, according to the American Indian Graduate Center. Preference will be given to Cobell class members and their descendants. The funds can be used for vocational certificate-seeking or degree-seeking students in full-time accredited non-profit institutions. As part of the process, financial need must be demonstrated. The scholarships can be used for undergraduate or graduate studies.
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