The New York Times reports:
"A $35 million gift from George Soros, the financier and philanthropist, will allow for a $200 back-to-school bonus for each of more than 850,000 low-income children in New York State this fall, state officials said on Friday.
The $175 million in bonuses are also funded by $140 million from the federal government under a four-to-one matching program for needy families created by the stimulus package.
Children in New York State eligible to receive the money must have been from ages 3 to 17 as of last Saturday, and their families must have received food stamps or have been on welfare in July. The money will be directly transferred into their families’ welfare or food stamp accounts."
Click here for the full NY Times article.
Click here for a FAQ about the "Back to School Supplement" from NYS OTDA.
Click here for a press release from Governor Paterson.
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