JPMorgan Chase is teaming up with Florida International University and local officials to encourage more kids in Miami’s Liberty City to set their sights on college.

Currently, only three percent of Liberty City residents hold bachelor degrees, and about a quarter of Miami Northwestern High School students never graduate.

On Wednesday, Former Florida senator and top JPMorgan executive Mel Martinez presented Northwestern with the $1 million grant. It will be administered over three years in a partnership with FIU and Miami Dade County Public Schools.

Read more at Miami Herald.

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