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Stanford to direct funds gained from admissions scandal to ‘public good,’ launches external review into admissions

Stanford is working with a state attorney to find a worthy cause to donate the $770,000 fraudulently gained from the national college admissions scandal — including the $610,000 obtained from bribes to former head sailing coach John Vandemoer — according to a victim impact statement submitted to Boston District court. Vandemoer’s sentencing hearing will take place on Wednesday.