August 11, 2009 at 12:34 pm by Casey Seiler
Link to full storyPhilanthropist and financier George Soros and Gov. David Paterson rolled out a new program that uses a $35 million grant from Soros’ Open Society Institute to leverage another $140 in federal stimulus bucks. The sum will be used for $200-per-student grants to needy families as a “Back-to-School Supplement” intended for school supplies. From the release:
The supplements will be placed in accounts for each eligible family that can be accessed with their Electronic Benefit Transfer (EBT) card, which are normally used to access public assistance and food stamp benefits. Two-thirds of the eligible recipients of the back-to-school supplements are in food stamp-only households, and the majority of these households are low-income working families or families receiving unemployment benefits.
Families can use the money to buy their children books, pencils, pens, notebooks, calculators, backpacks, shoes, tutoring, school uniforms and other clothing and essential school items. Families should look to take advantage of discounts offered by retailers in the coming weeks before school starts. The $175 million in Back-To-School Supplements will provide an economic boost to communities throughout the State as families purchase supplies, bolstering back-to-school retail sales.