USA Funds awards $445,500 in scholarships to Kansas residents
USA Funds has awarded 306 new and renewal scholarship totaling $445,500 to deserving college-bound students in Kansas. The scholarships assist students in financial need - particularly those who are members of ethnic minority groups or are physically disabled - as they finance their higher education. Because USA Funds serves as the designated guarantor of federal education loans for Kansas, residents of the state receive priority consideration for the scholarship.
The new scholarship recipients were chosen from more than 14,000 applications from students planning to enroll or currently enrolled in undergraduate or graduate programs at accrediated two- or four-year colleges, universities or vocational/technical schools.
The awards included 159 new scholarships totaling $234,000 and 147 renewal scholarships totaling $211,500 to Kansas residents under USA Funds Access to Education Scholarships.
USA Funds Access to Education Scholarships provide each full-time undergraduate and graduate student with an award of $1,500; each half-time undergraduate received $750. Students who maintain grade-point averages of at least 2.5 on a 4.0 scale may receive renewal scholarships annually until the students receive their final degrees or certificates, or until the total award to a student reaches $6,000, whichever comes first.
Scholarship America, the nation's largest private-secotr scholarship and edcuational-support organization, administers the program.
Information about USA Funds' 2004 scholarshp program is posted at www.usafunds.org/borrowers/access_to_education_scholarship.html on the USA Funds website.