Since program’s inception, firm has awarded $30 million
Insurance coverage Information
By
Ryan Smith
Equitable has introduced the recipients of its 2024 Equitable Excellence Scholarship.
The annual program acknowledges high-achieving, under-resourced graduating highschool seniors who would profit from pursuing a university diploma. The Equitable Excellence Scholarship is the flagship initiative of the Equitable Basis, the corporate’s charitable-giving arm.
The scholarship program gives not solely monetary help but additionally year-round workshops. These workshops cowl a variety of matters, together with budgeting, psychological well being, private branding, school essay and resume writing, and profession readiness, comparable to workplace etiquette. Since its inception, Equitable has awarded $30 million in scholarships to over 7,300 college students.
“Entry to greater schooling will help break the cycle of intergenerational poverty in underserved communities,” stated Nick Lane, president of Equitable. “We congratulate our 2024 Equitable Excellence Scholarship recipients and sit up for supporting them alongside their tutorial journey as they work laborious, dream huge and put together for fulfillment after commencement.”
Half of the scholarship recipients will obtain $5,000 renewable scholarships for all 4 years of their undergraduate research. The opposite half will obtain one-time $2,500 scholarships to assist cowl instant greater schooling prices, comparable to tuition, books, or charges.
The scholarship program goals to succeed in college students in want, with 63% of the 2024 recipients being first-generation school college students, a 7.5% enhance from the earlier yr. All scholarship recipients display monetary want.
“We consider that uplifting college students and serving to them obtain financial and social mobility should go effectively past monetary help,” stated Jarian Kerekes, head of social affect and group engagement at Equitable. “Our objective is to empower college students and their households to beat boundaries which have prevented them from pursuing a better schooling. Our group companions are a essential a part of our strategy. These native organizations have established and trusted relationships with the communities we aspire to succeed in and help.”
Along with monetary help, Equitable gives ancillary help to assist extra college students entry post-secondary schooling, together with:
- Faculty tour
- Faculty-prep workshops
- FAFSA workshops
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