The LeBron James Family Foundation announced that it is providing more than $41 million to cover tuition at the University of Akron for 1,100 Ohio high school graduates, Fox Sports reports.
In partnering with the university, James, who announced the program Thursday while hosting an event for students at Cedar Point Amusement Park, said he was looking to contribute to the community where he grew up, the report says.
“It’s the reason I do what I do,” said the Cleveland Cavalier, according to Fox Sports. “These students have big dreams, and I'm happy to do everything I can to help them get there. They're going to have to earn it, but I'm excited to see what these kids can accomplish knowing that college is in their futures.”
The announcement further cements James’ reputation as a leader in northern Ohio whose influence extends beyond his celebrity and the basketball court.
As part of James’ “I Promise” program, the four-year scholarships will cover tuition and the university's general service fee, about $9,500 a year per student, which will cost the foundation a total of $41.8 million at the school’s current rates.
Read more at Fox Sports.