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Queens Chronicle

State Assembly passes DREAM fund — college scholarships for illegal residents

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Posted: Thursday, May 3, 2012 5:30 pm | Updated: 2:29 am, Thu Oct 11, 2012.

On Monday the New York State Assembly passed the DREAM fund, a bill that would create a privately funded scholarship pool for undocumented students, in short. But these things are never short.

In depth, what the Development, Relief and Education for Alien Minors Fund bill hopes to do, if passed through the Republican-dominated state Senate, is to set up a commission. The 12-member commission — which would include men and women of several racial, ethnic and language backgrounds — would raise private funds for kids wanting to go to college.

The fund would provide family tuition accounts to anyone with a valid taxpayer identification number. If the bill is made into the law the commission will decide what makes someone qualified for the funding, according to a spokesman for Assemblyman Francisco Moya (D-Jackson Heights).

Family tuition accounts were approved in 2002. These accounts are invested and looked over by the state comptroller. 

This bill is different from the state DREAM Act, which would provide conditional permanent residency to undocumented residents who have a clean record, and who graduated high school, arrived in the states as minor and have lived in the states for at least five year.  The act failed in 2009, but was reintroduced in 2011, but no action has been taken. 

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