US Financial Firm Awards $30million Worth of Funding Over 30 Years

04 Dec 2015

The prospect of higher education has just become a reality for 1,000 lucky scholars across states of North America.

Foresters, an international financial services provider that offers financial solutions to more than three million clients across the US, Canada and the UK, has been awarding renewable scholarships, worth up to $8,000 each, to students with an impressive academic record and a commitment to volunteerism.

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— Foresters (@weareforesters) December 3, 2015

Every year, the Foresters Competitive Scholarship Program offers at least 250 scholarships for higher education courses. Students of any age are eligible for the funding, but they must possess a GPA of 2.8 or 70 percent overall.

In five years, the program has granted more than 5,100 academic scholarships to students who share Foresters dedication to community service, but have also maintained an impressive performance within their academic studies.

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— Foresters Financial (@ForestersFinSv) October 9, 2015

Overall, the program has awarded more than $30 million in financial support to students in Canada, the UK and the US, since its inception 30 years ago.

“Foresters is proud to present academic scholarships to nearly 1,000 inspiring students across North America, who no doubt present the next generation of community-minded leaders,” said Anthony M. Garcia, President and CEO of Foresters. “Through this financial contribution to their academics, we hope to help these students focus on their future and continue to make positive impacts in their communities.”

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— Foresters (@weareforesters) October 25, 2015

One of this year’s recipients, Katelyn Greer, is due to begin a four-year course in Medical Science at the University of Western Ontario in Canada. Katelyn has demonstrated her passion for community service, working for free at a second-hand store, organising food drives and helping to build a play park in her home community.

With the help of her family, she also arranges an annual “Great Memories Golf Tournament” to support research into Alzheimer’s, and the tournament has so far raised more than $200,000.

“I’m so proud of my family for creating an amazing tournament that has become such a hit,” she said. “By volunteering, I truly feel like I am bettering someone else’s life and through that I am finding real happiness and pride in my own.”

Additional reporting by Newswire Canada.

Image via Shutterstock.