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Matthew Lesko, Infomercial Star, Starts Scholarship With His Unused Social Security Checks

05/ 4/11 06:33 AM ET   AP

Matthew Lesko

FREDERICK, Md. — TV infomercial star Matthew Lesko is making a Maryland community college the launch pad for a scholarship program funded by Social Security payments people don't need.

Lesko, whose known for wearing a suit covered in question marks, says he'll make three, $1,000 donations Wednesday at Frederick Community College to what he calls the "'I Don't Need My Government Money' Scholarship Fund."

Lesko says he makes enough money to live comfortably without a $2,400 monthly Social Security check. He's asking other wealthy people who get Social Security benefits to consider making similar donations to help community college students in financial need.

Lesko says students are the future and competition for scholarships is fierce.

A spokeswoman for Lesko's Rockville, Md.-based company, Information USA, says it aims to establish scholarship funds at community colleges nationwide.

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Filed by Rebecca Harrington  |