SCICU is pleased to announce the creation of three new scholarship programs in 2014-15 as part of its Named Scholars Program. Started in 1994, the SCICU Named Scholars Program is an avenue for companies and foundations to establish scholarship programs for students attending non-profit colleges or universities in South Carolina. There are presently 12 companies/foundations that have established scholarship programs at SCICU.
For the 2014-15 academic year, over $300,000 will be awarded to eligible students at the 20 SCICU-member colleges. Since the inception of the program, more than $4.5 million has been awarded to over 4,000 students.
The three new scholarship programs include:
Sanders Family Foundation Scholarships
SCICU trustee Dan Sanders, through his family foundation, established this scholarship that operates in coordination with the Furman University Bridges to a Brighter Future Program, a program that assists at-risk youth with their educational goals. Ten students participating in the Furman Bridges Program will be selected by the Bridges programto receive $1,000 scholarships to attend the SCICU-member college of their choice. Recipients will be upper-class students who have extenuating circumstances in their financial aid packages.
Timken Company Scholarships
The Timken Company, based in Canton, Ohio, has been a donor to the SCICU Unrestricted Giving campaign for 38 years. Timken increased their award this year to $10,000 to establish the Timken Scholars Program. Two $1,000 scholarships will be awarded to selected students at the following five SCICU-member schools: Anderson University, Benedict College, Coker College, Converse College, and North Greenville University. Recipients will be traditional students, South Carolina residents, have GPAs of 3.0 or higher, and major in Science, Technology, Engineering, or Math (STEM).
Williams & Fudge, Inc. Scholarships
SCICU trustee Gary Williams established a new scholarship program this year to reward leadership at each of SCICU’s 20 members. College presidents select students who currently hold leadership positions at the colleges. The $500 awards are a way of saying “Well done, thanks for being a giver!” Students must have a minimum GPA of 2.5.