$300,000 in
scholarships will be distributed over three years
DENVER, Nov. 30,
2023 /PRNewswire/ -- CoBank is partnering with the
American Indian College Fund (College
Fund) to provide American Indian and Alaska Native students with
scholarships. CoBank has granted $300,000 over the next three years, providing
$100,000 per year for 20 student
scholarships in the amount of $4,500.
All Native students are eligible to apply for consideration,
however preference will be given to those studying banking,
finance, and agriculture. Scholarship recipients who continue to
meet program requirements can reapply for funding each year.
"CoBank is honored to partner with the College Fund to provide
scholarships to deserving students. Higher education plays a vital
role in securing a prosperous future for individuals, families, and
communities throughout the country – especially in rural America.
We are excited about this new relationship and the opportunity to
support underserved Native American students," said Tom Halverson, CoBank's president and CEO.
College Fund President and CEO, Cheryl Crazy Bull said, "On
behalf of the College Fund, I want to thank CoBank for this
wonderful partnership that will help students obtain degrees that
are so important to the financial well-being of our communities and
the important relationship that we have with the land and its
resources."
About CoBank—CoBank is a cooperative bank serving
vital industries across rural America. The bank provides loans,
leases, export financing and other financial services to
agribusinesses and rural power, water, and communications providers
in all 50 states. The bank also provides wholesale loans and other
financial services to affiliated Farm Credit associations serving
more than 76,000 farmers, ranchers, and other rural borrowers in 23
states around the country. CoBank is a member of the Farm Credit
System, a nationwide network of banks and retail lending
associations chartered to support the borrowing needs of U.S.
agriculture, rural infrastructure, and rural communities.
Headquartered outside Denver,
Colorado, CoBank serves customers from regional banking
centers across the U.S. and also maintains an international
representative office in Singapore.
About the American Indian College
Fund — The American Indian
College Fund has been the nation's largest charity
supporting Native higher education for 34 years. The College Fund
believes "Education is the answer" and provided $17.4 million in scholarships and other direct
student support to American Indian students in 2022-23. Since its
founding in 1989 the College Fund has provided more than
$319 million in scholarships,
programs, community, and tribal college support. The College Fund
also supports a variety of academic and support programs at the
nation's 35 accredited tribal colleges and universities, which are
located on or near Indian reservations, ensuring students have the
tools to graduate and succeed in their careers. The College Fund
consistently receives top ratings from independent charity
evaluators and is one of the nation's top 100 charities named to
the Better Business Bureau's Wise Giving Alliance. For more
information about the American Indian
College Fund, please visit www.collegefund.org.
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SOURCE American Indian College
Fund