Community Foundation Announces Over $450,000 in Scholarships
The Community Foundation of Southern Indiana announced that this academic year it awarded over 100 scholarships totaling more than $450,000 in support for Southern Indiana students. The scholarships include $302,000 from funds held at the Community Foundation and awards for the Lilly Endowment Community Scholarship Program.
Linda Speed, president and CEO of the Community Foundation said, “We’re fortunate to live in a community that believes in educating our future generations and couldn’t be more thankful to our donors, fund holders, and the Lilly Endowment for their generosity and support of our region’s students. With the increasing cost of education, these scholarships provide invaluable resources to help students pursue their goals.”
The Community Foundation allows individuals, businesses and families to create scholarships and establish their own, unique criteria. Scholarship applications from students throughout the community are reviewed and scored by independent committees of volunteers who assess applicants anonymously.
The Lilly Endowment Community Scholarship Program will provide scholarships for otherwise unreimbursed full tuition, required fees, and a special allocation of up to $900 per year for required books and required equipment for four years of undergraduate study on a full-time basis, leading to a baccalaureate degree at any Indiana public or private nonprofit college or university accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.
To learn more about the Community Foundation and its scholarship program please visit www.cfsouthernindiana.com.
The Community Foundation of Southern Indiana was founded in 1991 as the region’s partner, resource and steward in philanthropy. The Foundation manages $107 million in charitable assets and over 240 individual funds – each of which supports the unique charitable intent of the donor who established the fund. Annually, the Foundation awards millions in grants and scholarships to support our community and is a National Standards certified community foundation. For more information about the Community Foundation, contact 812-948-4662 or visit www.cfsouthernindiana.com.