Work
Since its founding in 1962, the Marine Corps Scholarship Foundation has provided more than 30,000 scholarships, valued at over $70,000,000. For the 2012-2013 academic year, the Scholarship Foundation announced a record $6,000,000 in scholarships to 1,909 sons and daughters of U.S. Marines and Navy Corpsmen. The scholarships provide opportunities for students that cannot afford the full cost of higher education, while increasing their chances for success in their personal and professional lives. Scholarship recipients have Marine and Navy Corpsmen parents that are honorably discharged, active duty, wounded in combat, and killed in action.
The Scholarship Foundation reports that: • 89% of their scholarship recipients attend 4-year colleges or universities • 42% are STEM (Science, Technology, Engineering, and Math) majors • 54% of current scholarship recipients are first-generation college students. • Scholarship Foundation awardees maintain 79% graduation rate from 4-year institutions (The nationwide rate is 31%).
The Scholarship Foundation's awards are primarily needs-based. Qualified applicants must be the child of a Marine or Navy Corpsmen, and their maximum family income must not exceed that of the current pay scale of a sergeant major. The average household income of 2012 scholarship recipients was approximately $50,000.
The Scholarship Foundation cites the mounting toll of the War on Terror, the rising costs of education, and the maturation of a new generation of Marines as an urgent call for increasing support.
Scholarship applications increased by 81% from 2006 to 2012. To meet this increasing demand, and to plan for future generations, the Marine Corps Scholarship Foundation launched “The American Patriots Campaign” in 2007. The American Patriots Campaign is led by the American Patriots Campaign Leadership Cabinet, composed of former Commandants of the Marine Corps and luminaries from the worlds of business, entertainment, and philanthropy. To date, this drive has raised $65,000,000 in funds, which will allow the Scholarship Foundation to develop a sustainable, diversified base of support to increase their scholarship capacity for the next generation of Marine and Navy Corpsmen families.
Scholarship applications are accepted January-April annual via the Scholarship Foundation’s website.
Read more about this topic: Marine Corps Scholarship Foundation
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