{"id":384263,"date":"2020-11-18T12:03:46","date_gmt":"2020-11-18T17:03:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384263"},"modified":"2020-11-18T12:03:46","modified_gmt":"2020-11-18T17:03:46","slug":"uncf-launches-wellington-management-foundation-scholarship-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/uncf-launches-wellington-management-foundation-scholarship-program\/","title":{"rendered":"UNCF Launches Wellington Management Foundation Scholarship Program"},"content":{"rendered":"

\nProvides awards to juniors attending UNCF-member HBCUs with acareer interest in asset management or financial services
\n<\/h2>\n
\n

Washington, D.C., Nov. 18, 2020 (GLOBE NEWSWIRE) — UNCF (United Negro College Fund) is pleased to announce the launch of the Wellington Management Foundation Scholarship Program, a new program that will support African American students majoring in finance, economics, business, accounting, computer science, data science, political science, history or psychology. Funded by a $560,000 grant from Wellington Management Foundation, the program will support 50 students attending UNCF\u2019s 37 member historically Black colleges and universities (HBCUs). Scholarship recipients will receive $5,000 each for their junior year, with a possibility of renewal of the award for their senior year.<\/p>\n

\n

\u201cThank you, Wellington Management Foundation,\u201d said Dr. Michael L. Lomax, president and CEO, UNCF. \u201cThis new scholarship program enables us to help more students get to and through college, which is especially vital during the pandemic. Our students and our HBCUs have been hit quite hard by the virus and resulting economic complications, so gifts like this are very important to us.\u201d<\/p>\n

\n

Diego Aviles, vice president, fund development for UNCF\u2019s Northeast Division said, \u201cduring this time, we are worried about a potential loss of a generation of talented African American students. Thanks to the Wellington Management Foundation, UNCF will be able to ensure that more HBCU students have the opportunity to get to the finish line and complete their college education. We\u2019re so grateful to have Wellington Management as such valuable partners in our work in the New England area.\u201d<\/p>\n

\n

The program will accept applications Nov. 17 through Jan. 5, 2021. To be considered for the award, students must meet the following criteria:<\/p>\n