Diversity Journal - May/Jun 2007

Page 56

Corporate Philanthropy

The Sallie Mae Fund makes college possible for thousands of students in need

Ean Garrett, American Dream Scholarship recipient, Howard University.

1993, HCF has given more than ccording to recent research, nearly $6 million in scholarships to more 4.4 million students who graduate than 2,800 Hispanic-American students. from high school this decade will not Kathleen deLaski Scholarship recipient Jose Manaiza attend a four-year college because President spoke his first words in English to a they believe they cannot afford it. The Sallie Mae Fund stranger beside him on a flight from Scholarships play a critical role in Honduras to the United States. Those helping deserving students bridge the simple words of, “Hello my name is Jose,” financial gap to attend college. set in motion Manaiza’s personal As a leader in increasing access to American Dream. higher education, Sallie Mae addresses In less than a year, Manaiza earned his high school diploma. the financial need by providing scholarship dollars to help With assistance from HCF and The Sallie Mae Fund, he students achieve their education dreams through its charitable began his college journey at UCLA, where he will graduate arm, The Sallie Mae Fund. In 2006, more than 1,000 students with top honors this year. nationwide received scholarships totaling $2.6 million. “I represent the struggle of every Hispanic who overcomes “While for many promising young adults, paying for barriers and succeeds against adversity,” says Manaiza. “My college often seems impossible, scholarships can make a message is about following dreams, never giving up. Thanks to practical difference for students each year in meeting the my family’s initiative, The Sallie Mae Fund and HCF, I now cost of college,” said Kathleen deLaski, president of The live in a nation where I have greater expectations.” Sallie Mae Fund. PDJ To provide these scholarship programs for underserved students, The Fund collaborates with a number of similar organizations, such C O R P O R AT E P R O F I L E as the Hispanic College Fund (HCF). Name: The Sallie Mae Fund The Sallie Mae Fund and HCF created the Headquarters: Reston, Virginia First in My Family Scholarship in 2001. The Web site: www.SallieMae.com effort, which provides scholarships to students Primary business: College saving plans and student loans who are the first in their family to attend Employees: 12,000 college, benefited 178 Hispanic-American students in 2006 through scholarships ranging from $500 to $5,000. Since its founding in

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