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DETROIT – About 2,000 Libyan students who attend U.S. colleges are getting a one-year reprieve in financial support after Libya resumed funding that was halted when the U.N. froze about $30 billion of that country's assets, the organization that administers the funds said.
The Canadian Bureau for International Education announced Wednesday that Libya transferred the money through its central bank to continue the Libyan-North American Scholarship Program. The funding covers tuition and monthly living allowances through May 2012 for the students and their dependents.