•70 to Get Race For Education Scholarships , 5/21 •
The Race For Education's board at its May meeting approved more than $300,000 in scholarship awards this year for 70 students, the organization announced May 19.
The awards ranging from $250 to $20,000 are for tuition only and include a number of sponsored scholarships as well as scholarships for education majors who are teaching interns in the Starting Gate afterschool literacy program in Fayette and Bourbon counties.
Since the organization's inception in 2002, the Race For Education has delivered more than $6 million in scholarships and educational programs to the community.
"This spring 40 students are graduating from college thanks to the Race For Education and all of our supporters," Elisabeth Jensen, the non-profit's president and co-founder, said in a press release. "While I am really excited about giving out all of these awards, I am even more proud of the outcomes and getting to see so many great young people moving on the next phase in their life. We work with all of our applicants to make sure they take advantage of every opportunity for scholarships and financial aid, allowing them to graduate with as little debt as possible."
All of the organization's scholarships recipients are required to take a financial literacy course, to help them better understand basic finance. In addition all students are invited to participate in the Race For Educations Assets for Independence Program and if eligible may receive $4,000 in scholarship funds from a federal matching grant from the U.S. Department of Health and Human Services Administration for Children and Families.
Through academic development programs, tutoring, internships, financial literacy training, and scholarships, the Race For Education provides opportunities for educational success for young people with significant financial need and academic challenges.