Debt-Free Degree for Low-Income Students


ATLANTA (AP) - Students whose families have an annual income of less than $30,000 can earn a degree from Georgia Tech debt free.

The school announced the Tech Promise program today. Officials say it is the first of its kind offered by any Georgia public university.

Assistance will include scholarships, grants and job opportunities for eligible in-state students to keep them from having to get student loans.

Georgia Tech estimates the program will require $2 million during its first year, which will come from private philanthropy. Students also will have to maintain a minimum 2.0 cumulative grade point average and may reapply for up to four academic years or eight semesters of full-time enrollment.

Founded in 1888, Georgia Tech is among the nation's top producers of women and black engineers. Incoming freshmen must apply for the Tech Promise no later than March first. The deadline for current students is May 1.