College bound high school students have yet another scholarship opportunity to consider, this one offered by the General Motors Foundation and announced this week. The Buick Achievers Scholarship Program is designed to recognize and reward 1,100 students across the United States who are high achievers at school and within their communities.
Unlike some scholarships, Buick Achievers is renewable for four years, leading to a possible scholarship of up to $100,000 for recipients. Under this arrangement the GM Foundation plans to welcome new groups of 100 students who will receive renewable scholarships of up to $25,000 each year.
Another group of students, 1,000 to be precise, will be awarded $2,000 college scholarships, renewable for up to four years. Select majors are eligible and include design, technology, mathematics, engineering, technology, science, business administration and marketing. Annual scholarship funding is expected to rise, projected to reach $18 million after four years.
Dan Akerson, GM Chairman and Chief Executive Officer explained the reasons behind the GM Foundation’s most recent scholarship offering. “As a company, and as a nation, we have a responsibility to support opportunities for higher education. The Buick Achievers scholarship will help foster the next generation of leaders destined to develop future innovative solutions to global issues.”
Regular SayCampusLife.com readers know that college education costs continue to spiral higher and at a faster clip than inflation. These days, families have to diligently explore their options, securing grants, scholarships and making wise, careful use of student loans. In addition, school selection and working while going to college can help reduce costs. Naturally, we’re all about sharing the latest college scholarship opportunities with you.
Applicants for the Buick Achievers scholarship must be high school seniors or high school graduates planning to start college for the first time in Fall 2011. Students must enroll in full-time undergraduate study at an accredited four-year college or university for the entire 2011-12 academic year; and demonstrate an interest in the automotive industry. Applicants must be citizens of the United States of American and be permanent residents. Other qualifying criteria for Buick Achievers consider includes being a first-generation college student, a female, a member of a minority group, a military veteran or a dependent of military personnel.
The deadline is March 31, 2011; applications and related information are available at BuickAchievers.com. Since 2005, the GM Foundation has provided more than $26 million in educational funding.