UC Berkeley Receives $1 Million Grant to Fund Illegal Immigrant Scholarships

A prominent foundation donated $1 million to the University of California, Berkeley to fund scholarships for illegal immigrants admitted to the school. 

The Evelyn and Walter Haas, Jr. Fund provided the scholarship grant that will go to "nearly 200 students who are not eligible for federal grants, government-backed loans or work-study positions." According to the foundation, the gift is the largest scholarship earmarked for illegal immigrants ever given to a U.S. university.

"These motivated, hardworking and inspiring students are an asset to our state and our country," the fund's president, Ira Hirschfield, said in a statement. "Now that it's legal to do so in California, we encourage other foundations and private donors to consider providing funding to help undocumented students achieve their potential."

The foundation could legally make the donation because California passed the "California Dream Act" last year, which allows "illegal immigrants to receive privately funded scholarships to attend the state's public colleges and universities after attending at least three years of high school in the state."


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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