A program from Alma College is offering to pay the cost of completing a degree for any student who meets the school's requirements but fails to graduate within four years.
The Detroit Free Press reports Wednesday that the offer is part of a program called the Alma Commitment that goes into effect in the fall of 2013.
The private college located about 50 miles north of Lansing also will make all of its students eligible for a new $2,500 stipend to pursue an internship, a summer research project or some other off-campus study option. The stipend likely will be handed out in a student's junior year.
School leaders say programs similar to the Alma Commitment are in place in a few other places nationwide.
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