USA Funds awards $500,000 to national scholarship groups

INDIANAPOLIS , IN— USA Funds has announced the award of $500,000 to five national scholarship organizations that promote access to higher
education for minority students. Each organization received $100,000 to support its scholarship programs.

For the ninth consecutive year, USA Funds has awarded funds to the
American Indian College Fund, the Hispanic Scholarship Fund and the
United Negro College Fund. For the third consecutive year, USA Funds
also has awarded funds to the Thurgood Marshall Scholarship Fund and
the Asian & Pacific Islander American Scholarship Fund.

“Scholarships like the ones supported by USA Funds provide the
critical link for students to succeed in higher education,” said APIASF President and Executive Director Neil Horikoshi. “Each scholarship not only changes the life of a deserving student, it contributes to a stronger America.”

“These organizations are successfully making a difference in the lives
of the students they serve by helping them realize their dreams of
postsecondary education,” said Robert C. Ballard, USA Funds senior
vice president, program and corporate development. “In keeping with
USA Funds’ nonprofit mission to enhance access to higher education, we
are pleased to support these organizations and their scholarship
programs.”