In its sixth year, the Foundation awarded more than $88,000 to 36 graduates of the Class of 2010 at the Convocation on June 17, 2010.
How has the Foundation distributed its funds since its incorporation?
JEB Stuart Education Foundation Awards |
|||||
| Year | 2006 | 2007 | 2008 | 2009 | 2010 |
| Amount | $54,300 | $60,700 | $102,500 | $93,000 | $88,000 |
| Students | 30 | 20 | 30 | 35 | 36 |
In these challenging economic times, the need for assistance is especially great. According to Federal college financial assistance guidelines, nearly half (43%) of Foundation applicants are unable to rely on their families for any assistance for their college educations. Families of an additional 28% can afford to contribute less than $2,000 per year.
Meanwhile, the cost of education is rising – to $9,800 per year for George Mason University and $4,700 per year for Northern Virginia Community College.
In 2010 – the Foundation awarded $88,000 to 36 members of the Class of 2010, many of whom became the first in their families to attend college.
The need for scholarships was great: the five neediest applicants had family incomes of less than $15,000. Individual scholarship awards ranged from $500 to $5,500.
These recipients are now pursuing post-secondary education at four-year colleges, community colleges and technical training programs.
Among the Class of 2010 awardees…
-Michael