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Regional Update...
WASFAA Region Students Awarded USA Group Scholarships
by Tom Quinn, Vice President for USA Group
USA Group will award $240,500 in scholarships to 180
students in the WASFAA region. In 2000, a total of $1 million
in scholarships will be donated to 712 college-bound students
from across the country.
This scholarship program extends our commitment to
help students achieve their higher education goals. Over the
next three to five years, we intend to increase that commitment
and provide a total of $10 million in scholarships to
students.
This year's USA Group Scholarship Program offers financial
support to students who have economic need and who
also are either members of ethnic minorities or have physical
disabilities. Scholarship recipients are students who plan to
enroll or are enrolled in full-time undergraduate or graduate
coursework at an accredited two- or four-year college,
university, or vocational-technical school.
Applicants from all 50 states, Puerto Rico, the District of
Columbia, the British West Indies, and the Virgin Islands
were eligible for the program. Judges gave particular consideration
to applicants from the nine states where USA
Funds®, a USA Group affiliate, is the federally designated
guarantor of student loans, and in another five states plus the
District of Columbia, where one-third or more of the students enrolled in postsecondary education are members of
ethnic minority groups. Four states in the WASFAA region,
Alaska, Arizona, Nevada, and Hawaii, are designated states.
Depending on their documented financial need, scholarship
recipients will receive $1,000 to $2,000 toward their
higher education expenses. A panel of independent judges
selected this year's scholarship recipients from a field of
2,844 qualified candidates based on the following criteria:
- Past academic performance and future potential
- Leadership and participation in school and community
activities
- Work experience
- Career and educational aspirations and goals
- References
If student recipients maintain a minimum grade point average
of 2.5, the scholarships may be renewed annually for
up to three years or until the student receives a degree or certificate,
whichever comes first.
For more information on the USA Group Scholarship
Program, visit the web site at www.usagroup.com/borrowing/scholarship/scholarship.htm. A list of this year's scholarship
recipients will be available in August. Applications for
the 2001 scholarship program will be available in January
2001.
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