Alfa Foundation To Award $100,000 In Scholarships
MONTGOMERY, Alabama (Jan. 26, 2015) - The Alfa Foundation has announced plans to double its commitment to higher education by awarding $100,000 in scholarships for students at Alabama colleges, universities and technical schools.Back to Press Releases
The Foundation awarded $1,000 scholarships to 50 students in 2014. Alfa Insurance® and Alabama Farmers Federation President Jimmy Parnell said doubling the investment in students strengthens the organization’s commitment to excellence in education.
"For almost 70 years, Alfa® has proudly supported education by being active in the communities it serves," Parnell said. "The Alfa Foundation has helped advance learning through the Teacher of the Year and Teacher of the Month programs; investment in colleges and universities; support for career technical education; computer donations; and other efforts. By doubling the scholarship program, the Alfa Foundation will be able to help 100 outstanding students each year reach their education goals, regardless of their career choices."
The program is open to high school seniors and post-secondary undergraduates enrolled or planning to enroll in an Alabama two- or four-year college, university or technical school. The online application is available at AlfaInsurance.com. Deadline for applications is March 15, with winners to be notified in May. Scholarship funds may be used for tuition, fees, books or supplies required for coursework.
Scholarships will be awarded based on academic record; demonstrated leadership and participation in school and community activities; honors; work experience; and statement of goals and aspirations. A minimum grade point average of 2.5 on a 4.0 scale is required. To be eligible, the scholarship applicant must be a member of the Alabama Farmers Federation, and the membership must be issued in the name of the scholarship applicant. Federation membership is available through any Alfa Insurance office in Alabama, by calling 1-800-964-2532 or online at www.AlfaFarmers.org.
“This program will help students secure their financial future by developing the knowledge, skills and experience needed for successful careers,” Parnell said.
The Alfa Foundation Scholarship Program is administered by Scholarship America®. No officers, directors or employees of the Alfa Foundation, Alabama Farmers Federation or Alfa Companies are involved in the selection process. Questions about the scholarship program should be addressed to: Alfa Foundation Scholarship Program, Scholarship Management Services, One Scholarship Way, Saint Peter, MN 56082 or (507) 931-1682.
Alfa Insurance was founded in 1946 by the Alabama Farmers Federation. Alfa and its affiliates service more than 1 million property and casualty policies in 11 states, and the company has more than $27 billion in life insurance in force. For more information, visit AlfaInsurance.com or Call Alfa® at 1-800-964-2532.