Equitable Excellence® Scholarship Application Cycle Opens
October 20 2023 - 8:08AM
Business Wire
Annual scholarship program reinforces company’s commitment to
expanding college access
Equitable, a leading financial services organization and
principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today
announced the call for applications for its 2024 Equitable
Excellence® Scholarship. The long-running annual scholarship
program is open to high school seniors across the country, and it
underscores the company’s belief in the societal benefits of
expanding access to education.
Watch this brief video to learn more about the Equitable
Excellence® Scholarship Program.
To support students throughout their academic journeys,
Equitable will award 100 scholarships for $5,000 to recipients that
will be renewed each academic year for four years, for a total of
$20,000 per recipient. The company will also award 100 one-time
$2,500 scholarships that can help students to underwrite immediate
costs associated with higher education such as tuition, textbooks
or fees. In addition, all scholarship recipients will be able to
identify a teacher who has made a significant impact on their lives
and Equitable will award the selected teachers with a $500 gift
card to be used for classroom supplies.
The scholarship program, which first started in 2003, recognizes
students who demonstrate courage in pursuing what’s possible,
display strength in managing challenges and share wisdom with
others. Awards are based on financial need, GPA and an essay, in
which students are invited to share their future aspirations.
Applications for the 2024 program are now being accepted online
through December 18, 2023.
“Expanding access and affordability to educational opportunities
is a key factor in social mobility to help positively change a
person’s future,” said Nick Lane, President of Equitable. “For more
than two decades, our Equitable Excellence® Scholarship Program has
proudly helped over 7,000 students pursue postsecondary education
opportunities with approximately $30 million awarded to deserving
high school seniors.”
During last year’s scholarship cycle, 100% of Equitable
Excellence® scholarships went to students with financial need, 70%
went to Black, Indigenous and people of color (BIPOC) students and
almost 55% went to first-generation college students.
Another component of the Equitable Excellence® Scholarship
program is ongoing support provided by Equitable to help students
during their first year of college, which includes mental wellness,
resume, personal branding and career exploration workshops as well
as peer networking opportunities and mentorship programs with the
company’s employees and financial professionals.
“This is where our Equitable Excellence® Scholarship program
really shines — in going beyond financial support to providing
emotional support and professional development and career readiness
opportunities that can help students more easily navigate college
and prepare them for careers after they graduate,” said Jarian
Kerekes, Head of Social Impact and Community Engagement at
Equitable.
Equitable Excellence® is the flagship program of Equitable
Foundation, the company’s charitable-giving arm. The scholarship
program is supported through strategic partnerships between
Equitable and Scholarship America, CommonApp and the National
College Attainment Network (NCAN) to assist students who apply for
the scholarship and are seeking resources to support the college
application process.
Equitable regularly leads, supports, and engages in advocacy and
philanthropic work focused on college attainment and career
readiness through the Equitable Foundation as part of the company’s
strategy to build stronger communities. For example, Equitable was
recently the presenting sponsor at The National College Attainment
Network’s 2023 annual conference on Oct. 16 – October 18 in Dallas,
TX, where the company shared best practices and results from its
FASFA engagement program.
To learn more about Equitable’s social impact work, please read
Equitable’s 2022 ESG report.
About Equitable
Equitable, a principal franchise of Equitable Holdings, Inc.
(NYSE: EQH), has been one of America’s leading financial services
providers since 1859. With the mission to help clients secure their
financial well-being, Equitable provides advice, protection and
retirement strategies to individuals, families, and small
businesses. Equitable has more than 8,000 employees and Equitable
Advisors financial professionals and serves 2.8 million clients
across the country. Please visit equitable.com for more
information. Reference to the 1859 founding applies specifically
and exclusively to Equitable Financial Life Insurance Company
(Equitable Financial) (NY, NY). GE- 6008542.1(10/23)
(Exp.10/25)
GE-6008542.1(10/23) (Exp.10/25)
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231020380095/en/
Media: Monique Freeman 212 314-2010
mediarelations@equitable.com
Equitable (NYSE:EQH)
Historical Stock Chart
From Aug 2024 to Sep 2024
Equitable (NYSE:EQH)
Historical Stock Chart
From Sep 2023 to Sep 2024