Graduating seniors from 11 states and D.C. recognized as USA Funds Scholars
USA Funds awards $412,500 in scholarships to high-school seniors
INDIANAPOLIS — USA Funds®, the nation’s leading education-loan guarantor, has announced the award of scholarships totaling $412,500 to 275 graduating high-school seniors in 11 states and the District of Columbia. Selected as USA Funds Scholars, the students are eligible to receive one-time awards of $1,500 to pay college expenses.
“We’re delighted to provide this record level of scholarship assistance to a record number of students to help them pursue higher education,” said Henry L. Fernandez, USA Funds’ executive director, scholarships, outreach and philanthropy. “These USA Funds Scholars are exceptional students in states where USA Funds has a special interest in enhancing higher-education opportunities.”
USA Funds Scholars are nominated by administrators of their schools based on the following student attributes:
Academic performance. To qualify for the scholarship, the student must have a current grade-point average of at least 2.5 on a 4.0 scale.
Participation in extracurricular activities or community service. Students must participate, or have participated during their high-school careers, in school-sponsored extracurricular activities or volunteer-service work in the larger community.
Exemplary character. The student exemplifies the best character traits of a young adult, including an attitude of respect toward school staff, fellow students and members of the larger community.
Financial need. Consideration is given to the student’s financial need for the scholarship.
The scholarships are awarded to graduating seniors from high schools selected by USA Funds in states where USA Funds has offices or where USA Funds serves as the designated guarantor of federal student loans. Those states include: Arizona, California, Florida, Hawaii, Indiana, Kansas, Maryland, Mississippi, North Carolina, Nevada, Wyoming, and the District of Columbia.
View a list of the 2006 USA Funds Scholars.