The Randolph Community College Foundation has awarded over $161,000 in
scholarships to 166 students for the 2012-2013 academic year. An
additional $2,185 is available to award during the spring semester.
These awards include various scholarships funded by individuals,
businesses, and organizations, plus Foundation Ambassador/Rotary Scholar
scholarships, and Presidential Scholar scholarships. They are for
Curriculum (credit) students pursuing a degree, diploma, or certificate
program. The Foundation also provided $70,000 to RCC’s financial aid
office for unrestricted scholarships to help Curriculum students who
have financial need but do not qualify for traditional financial aid.
Most of the Foundation’s scholarship funds come from endowments
that enable the Foundation to award scholarships each year. The
principal in these scholarship funds is invested and a portion of the
earnings is used to award scholarships. Currently, an investment of
$10,000 will fully endow a scholarship to assist RCC students in
perpetuity.
For more on this story go to http://www.randolph.edu/newevents/2013/2013-01-09a.php.
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