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Perspectives
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USA
Funds Awards Tri-State Students $495,000 in Scholarships
Submitted
by: Gene Logan, USA Funds Services
USA Funds® announces the award of $495,000 in scholarships to help 337 low-to-moderate income students in Delaware, the District of Columbia and Maryland pursue higher education. USA Funds awarded $226,500 in scholarships to 152 first-time recipients of USA Funds Access to Education Scholarships® in Delaware, the District of Columbia and Maryland for the 2005-2006 academic year. In addition, USA Funds awarded $268,500 in renewal scholarships to 185 Tri-State students who previously had received awards under the program. To qualify for the scholarships, students must come from households with annual incomes of $35,000 or less. Full-time undergraduate, graduate and professional students are eligible for $1,500 scholarships, and half-time undergraduates may receive $750 scholarships. If a scholarship recipient maintains a grade-point average of at least 2.5, the scholarship may be renewed annually until the student receives a degree or certificate, or the total amount awarded reaches $6,000, whichever comes first. For a list of first-time USA Funds Access to Education Scholarship recipients for 2005-2006, visit www.usafunds.org/planning/access_to_education_scholarship/index.html. Information about USA Funds’ 2006-2007 scholarship program will be posted beginning Oct. 3 on USA Funds’ Web site, www.usafunds.org.
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