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BP
gives tech bucks to school
By
Brendan Shriane
Blaine
school district is receiving $100,000 from BP for technology
training, including the purchase of laptop computers for
home usage by low-income students. BP will give $20,000
in cash and in-kind mentoring to the school district for
each of the next five years.
Scott
Walker of BPs Cherry Point refinery said this donation
is part of its overall policy of supporting the community.
When Gordon Dolman approached us about this sponsorship,
we thought it was a good idea, Walker said. Youth
in education is one of our major areas of contribution and
this initiative is tech-related, which is our area.
The
district needed matching funds from a business partner to
qualify for interest-free loans from the federal government
through its Qualified Zone Academy Bonds (QZAB) program.
The three-year-old QZAB is designed to get technology into
low-income communities. In addition to the business partnership,
Blaine school district had to show more than 35 percent
of its students qualify for free or reduced lunch.
The
new laptops will be lent out to kids who dont have
computers. Having a computer at home will allow them
to keep up with other students who do, school district
business manager Joanne Freeman said. She estimates 60 percent
of Blaine students have computers at home. Not letting kids
get behind is extremely important and is why the district
pursued this bond. Thats the goal here,
Freeman said.
In
addition to buying laptops for the school district the bond
will help pay for new hardware in computer labs and new
fiber optic cable.
Banks
that buy the bonds get a tax credit instead of paying interest.
The bonds themselves will be repaid after 15 years. The
district will invest the money and repay it in one lump
sum, instead of making yearly payments.
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