Former presidents announce Katrina aid

? Former Presidents Bush and Clinton announced $90 million worth of grants Wednesday from the money they’ve raised to benefit victims of Hurricane Katrina.

Higher education institutions along the Gulf Coast will receive $30 million. Another $40 million will be divided among the three states hardest hit – Louisiana, Mississippi and Alabama – and $20 million will go to faith-based organizations.

Bush and Clinton have raised about $110 million so far.

“Donations we got ranged from the smallest – $16 from a child’s lemonade stand – to multimillion-dollar ones from foundations and corporations,” Clinton told an audience of about 400 on the grounds of the University of New Orleans library. “Even foreign governments have given us money to help you begin again.”