Brian Chesky, co-founder and CEO of the Obama Foundation and Airbnb, announced a new scholarship on Monday to support students pursuing public service careers and providing them with travel opportunities.
“If we want the next generation of leaders to be able to do what they have to do, they need to meet with each other,” former President Barack Obama said in a video discussing scholarships. “They need to know each other. They need to understand each other’s communities. “
The two-year program, called the Voyager Scholarship, is available to college juniors and seniors. Students will receive financial assistance of up to $ 25,000 per year while in the program, as well as a বিদেশ 10,000 stipend to work abroad for a summer and free Airbnb housing. Once they graduate, participants can spend up to $ 2,000 per year traveling for 10 years to improve their public service work. Students can also join a speaker series to connect with leaders in their respective fields.
The scholarship is funded by a $ 100 million grant from Chesky to the Obama Foundation.
“I think a lot of people have a passion for public service, but they don’t go into public service because they can’t afford it,” Chesky said in the video. “There is too much financial burden for them.”