New $15 million UCLA scholarship to help 700 students avoid burdensome loans
LOS ANGELES — As rising college costs impede access to higher education, UCLA announced Wednesday a $15 million gift to seed a new scholarship initiative to help students afford a Bruin education without loans.
The gift by California real-estate investor Peter Melone will enable UCLA to grant individual scholarships totaling about $20,000 over four years to some 700 students beginning in 2024. It is part of a new UCLA Affordability Initiative designed to
