{"id":442094,"date":"2021-02-23T09:31:45","date_gmt":"2021-02-23T14:31:45","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=442094"},"modified":"2021-02-23T09:31:45","modified_gmt":"2021-02-23T14:31:45","slug":"sodexo-launches-10m-scholarship-program-administered-by-uncf-for-its-u-s-frontline-employees-and-their-dependents-to-attend-hbcus","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sodexo-launches-10m-scholarship-program-administered-by-uncf-for-its-u-s-frontline-employees-and-their-dependents-to-attend-hbcus\/","title":{"rendered":"Sodexo Launches $10M Scholarship Program Administered by UNCF for its U.S. Frontline Employees and Their Dependents to Attend HBCUs"},"content":{"rendered":"
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GAITHERSBURG, MD, Feb. 23, 2021 (GLOBE NEWSWIRE) — Sodexo, a food services and facilities management company, is pleased to announce a $10 million scholarship initiative for its U.S. frontline employees and their dependents. The program\u2014administered by the United Negro College Fund (UNCF)\u2014is for students to attend Historically Black Colleges and Universities (HBCU) that are partners with Sodexo or UNCF.<\/p>\n

Starting today, eligible frontline employees and their dependents can apply for scholarships and receive up to $12,000 for tuition, books and other educational expenses. Scholarships will be awarded based on financial need and merit and dispersed directly to each student\u2019s college or university this fall. UNCF will oversee the program and administer the scholarship funding. The program runs through 2030.<\/p>\n

\u201cWe are excited to launch this program with UNCF and our HBCU partners,\u201d said Sarosh Mistry, Region Chair, Sodexo North America. \u201cIt will give more than 85,000 Sodexo frontline employees and their families access to funding to pursue their educational goals at the prestigious and iconic institutions where our teams proudly serve.\u201d<\/p>\n

\u201cSodexo\u2019s commitment to our HBCUs and the students they serve is outstanding, and we thank them for this new gift,\u201d said Dr. Michael L. Lomax, President and CEO, UNCF. \u201cDiversity across all sectors of the U.S. economy is important, and our member institutions, along with all other HBCUs, add a significant boost to the annual American economic landscape\u2014delivering a $14.8 billion impact each year. Ensuring that more students of color can attend our HBCUs and earn their degrees\u2014while at the same time helping them bring vital economic impact for their communities, regions and states\u2014brings a win-win for everyone involved. We look forward to continuing our partnership with Sodexo, and hope others like them will join us as well.\u201d<\/p>\n

Participating HBCU partner organizations for the 2021-2022 academic year include:<\/p>\n