To support low-income students in colleges across the state, Gov. Gavin Newsom announced the #CaliforniansForAll College Program.

The program, operated in partnership with private universities and the UC, CSU and California Community Colleges systems, will help students access local service opportunities, according to a press release from the governor’s office. The program will include nearly $300 million in funding, the press release added.

“This is a historic investment to create opportunities for young people to serve their communities and pursue their dreams,” said California Chief Service Officer Josh Fryday in the press release.

Through the program, 12,500 college students will be eligible to receive a stipend of up to $7,000 and a scholarship of up to $3,000, according to the press release. The program, which is part of Newsom’s California Comeback Plan, will also provide students with service opportunities focusing on climate action, youth development and education.

In addition, the press release added that the program will specifically create opportunities for students who are eligible for nonresident tuition exemptions under AB 540 and the California DREAM Act.

“The #CaliforniansForAll College Program aims to create debt-free pathways for low-income students to tackle our greatest challenges, inspire a new generation to serve, and unite our communities,” the press release reads.