Sallie Mae, one of the largest student loan companies in the United States, has renewed its Bridging the Dream Scholarship Program for a second year. The news was announced in a press release on August 11th.
The Bridging the Dream Scholarship Program will award five deserving high school students with $25,000 each. Winners of the scholarship must demonstrate excellence both inside and outside the classroom and must also be either a junior or senior in high school.
High school guidance counselors and community organizers will be able to nominate any high school junior or senior for the $25,000 Sallie Mae scholarship. Candidates should demonstrate excellence in academics, athletics, community service, or school activities. However, the college endeavors of such candidates may be impeded by their respective financial situation.
Anyone that nominates a potential recipient must also submit two detailed stories that emphasize the candidate’s personal and academic credentials, while also highlighting any obstacles they have had to overcome in life.
The application process for the Sallie Mae Bridging the Dream Scholarship Program will last from August 11th to September 7th.
Charlie Rocha, an Executive Vice President at Sallie Mae, issued the following statement for the press release: “The Bridging the Dream Scholarship Program represents the true embodiment of our mission — to help make the dream of college a reality for students and their families.”
Last year, the four recipients of the Bridging the Dream Scholarship came from every corner of the U.S. including California, Florida, Michigan, and New York. Three of the students completed their freshman year this past spring, and each of them earned a 4.0 GPA. The recipients studied a variety of subjects including medicine, physical therapy, and nursing.
The fourth recipient from last year’s Sallie Mae scholarship program will be starting his freshman year this fall and will study nursing.
Sallie Mae has been quite active in the press as of late. Yesterday, LendEDU reported that the student loan company received $2.16 million in grant money from the state of Delaware. The grant will be used to expand Sallie Mae’s business operation in Delaware. The student loan company intends on hiring 285 new employees to their Delaware office, which will also be renovated thanks to the funding.
Author: Mike Brown
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