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University of Denver joins 'micro scholarship' program

Raise.me allows students to raise money for school
Posted at 9:32 PM, Dec 08, 2016
and last updated 2016-12-09 11:56:17-05

DENVER -- Senior year of high school is already busy enough. If you're paying your own way through college, applying for scholarships can add to the stress.

But a new program is allowing students to start earning money for college as early as their freshman year of high school.

It's called Raise.me. This year, the University of Denver became the first school in Colorado to join the program. Raise.me allows students to earn "micro scholarships." These are small amounts of money that students are awarded for different types of achievements.

John Gudvangen, the director of Financial Aid at the University of Denver, offers some examples.

"Taking three years of foreign language, might earn them a certain amount of micro scholarships. Or getting an A in a certain number of classes. Or having accomplishments in extracurricular activities," explained Gudvangen.

Gudvangen said since the University of Denver only recently joined the program, it's hard to say how much a student could potentially earn toward their education at DU, or another participating school. But Raise.me estimates it could be up to $15,000 per year.

Right now, DU, Western State, and Regis University are the only Colorado schools participating in Raise.me. The website states more than 200 schools nationwide have signed up.

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