Scholarship Provides Financial Resources to Make Dream of College a Reality
Treasury Logo
*FOR IMMEDIATE RELEASE
April 17, 2023*
*Contact:?Ron Leix <
[email protected]>, Treasury, 517-335-2167*
Fostering Futures Event Photo
Diane Brewer (MET Program Director) and Foster Futures Spotlight Scholar Elaina Marcum draw a gold ticket winner from a fish bowl during the Fostering Futures Scholarship Trust Fund dinner.
*Fostering Futures Scholarship Trust Fund Raises $27,400 for More
Than 420 Foster Youth After
Grand Rapids Fundraiser* [ [link removed] ]
"Scholarship Provides Financial Resources to
Make Dream of College a Reality"
Grand Rapids, Mich. ? Michigan's foster care youth are eligible to receive college scholarships following a Fostering Futures Scholarship Trust Fund Benefit Dinner in Grand Rapids organized by the Michigan Education Trust (MET) and the Michigan Department of Health and Human Services (MDHHS).
Friday evening's event at Frederik Meijer Gardens in Grand Rapids was attended by approximately 150 guests who raised more than $27,400 for scholarships through MET, the Michigan Department of Treasury's 529 prepaid tuition program.?
"Youth who experienced foster care often have limited resources and support systems, which makes paying for college challenging," State Treasurer Rachael Eubanks said. "The Fostering Futures Scholarship provides a source of assistance to make the dream of college a reality for students who have experienced foster care. I thank the generosity of our sponsors, donors and guests for making this scholarship a reality."
A partnership between MET and MDHHS makes Fostering Futures Scholarships possible.
Close to 10,000 youth are in the Michigan foster care system run by the Michigan Department of Health and Human Services. Nationally, fewer than 10% of former foster youth enroll in college after high school and fewer than 3% eventually earn a degree.
The Fostering Futures Scholarship Trust Fund provides former Michigan foster care students who may not have adequate financial resources to attend college with a scholarship to a Michigan college or university. During the 2022-23 academic year, 429 students at 53 different institutions are eligible for support.? ?
Last year, about 467 students received the award, with 298 attending college in West Michigan.
?For many people who experienced foster care, the expenses associated with a college degree can be overwhelming or unattainable,? said MDHHS Director Elizabeth Hertel. ?Everyone deserves the opportunity to pursue the educational path that is right for them and their career goals.?
Fostering Futures Scholarship Trust Fund is a Section 170(c) organization, so all contributions are eligible for an income tax deduction.
Anyone who could not attend the event can make donations to the Fostering Futures Scholarship Trust Fund by visiting?www.FosteringFutures-MI.com [ [link removed] ]. Fostering Futures Scholarship Trust Fund is a Section 170 (c) non-profit organization.? All contributions are eligible for an income tax deduction.
Since 2012, fundraising efforts have totaled more than $1.3 million, with funds awarded as scholarships in the year they were raised.?
# # #
________________________________________________________________________
This service is provided to you at no charge by the Michigan Department of Treasury.
Lansing, Michigan 48922 | 517-335-7508 | Contact Us [ [link removed] ]
?Having trouble viewing this email? View it as a Web page [ [link removed] ].
Bookmark and Share [ [link removed] ]
Manage your Subscriptions or Unsubscribe [ [link removed] ]
?
________________________________________________________________________
This email was sent to
[email protected] using GovDelivery Communications Cloud on behalf of: Michigan Department of Treasury ? Lansing, MI 48922 ? 517-335-7508
body .abe-column-block { min-height: 5px; } table.gd_combo_table img {margin-left:10px; margin-right:10px;} table.gd_combo_table div.govd_image_display img, table.gd_combo_table td.gd_combo_image_cell img {margin-left:0px; margin-right:0px;}
