Site icon Funds Digest

110 PRCC students get 'Round Up' scholarships for 2024-25 – WDAM


POPLARVILLE, Miss. (WDAM) – More than 100 students at Pearl River Community College were recipients of $800 scholarships from the “Round Up for Education” scholarship program.
Pearl River Valley Electric Power Association and The Pinebelt Foundation presented the scholarships to 110 students this academic year.
The scholarships are made possible by Pearl River Valley EPA members, who donate a small amount of their power bill to the the program each month.
Ten percent of the money collected is set aside in an endowed fund, managed by The Pinebelt Foundation.
The rest is divided equally among the eligible scholarship applicants.
“What happens is a good chunk of that money goes every year just straight out the door to (the PRCC) students, but then, we set aside 10 percent each year into an endowment that’s growing in the market, and, hopefully, one day will help sustain this whole thing on its own,” said Michael Dixon, The Pinebelt Foundation executive director.
“That endowment, we’re excited to say, has reached over a million dollars now and is growing.”
The “Round Up for Education” program began in 2012.
Want more WDAM 7 news in your inbox? Click here to subscribe to our newsletter.
Copyright 2024 WDAM. All rights reserved.

source

Exit mobile version