More than $20 million awarded over 25 years
TORONTO, June 26 /CNW/ - Foresters(TM), a leading fraternal benefit
society, announced the 87 Canadian recipients of its annual Competitive
Scholarship program(1) today. This program recognizes those individuals who
demonstrate solid academic performance combined with a commitment to making a
difference in their community. Foresters Competitive Scholarships are
available to 350 eligible members and their dependent children in Canada and
the U.S. each year.
"The Foresters Competitive Scholarship benefit is one of several
complimentary member benefits available to our members when they purchase a
Foresters life insurance or annuity product," said George Mohacsi, President
and CEO of Foresters. "These scholarships have helped to create more than
4,100 brighter futures over 25 years and Foresters will continue to invest in
the promise and potential of our members and their communities."
Foresters Competitive Scholarship program is celebrating a major
milestone this year - its 25th anniversary. Since the inaugural grants were
introduced, Foresters has awarded over 4,100 scholarships worth more than
$20 million in Canada and the U.S. This year, Foresters will invest
$2.5 million in this program.
Foresters has enhanced the Competitive Scholarship program by increasing
the number of Ken Peterson Awards for Community Leadership. Beginning with the
2009-2010 academic year, five recipients will receive this special award that
recognizes their exceptional leadership, extraordinary effort and ability to
overcome adversity, and as a result, are role models in their communities.
"I am so thrilled to receive this Foresters scholarship," said Chloe
Adlard, a Carleton University student, Ottawa, ON. "This scholarship enables
me to continue working at my part-time job, while at the same time
participating in the Cadet program and studying Political Science and
International Relations at Carleton University. I want to thank Foresters for
helping me to get one step closer to achieving my future career goals."
Foresters Competitive Scholarships are also available to members who are
currently enrolled as mature students over 25 years of age; those attending
undergraduate university, vocational college or trade school; and those
students who have taken a one or two year break from studies, as well as high
Each year, Foresters scholarship recipients are awarded $2,000(*) for up to
a maximum of four years or until their first degree is obtained. A Foresters
grant can help pay for tuition, books, supplies, residence, clothes, food or
The list of the 2008-2009 scholarship recipients, as well as further
details about the Foresters Competitive Scholarship program can be found at
www.foresters.com. This year's application season runs from September 1
through November 30, 2008.
Founded in 1874, Foresters(TM) helps individuals and families achieve
financial security with its innovative portfolio of life insurance products
and annuities. Foresters shares its financial strength with its members, who
are customers, through complimentary life, health and education benefits that
help its more than 735,000 eligible members and their families in the United
States, Canada(*)(*) and the United Kingdom. Foresters provides opportunities that
inspire its members to make a difference in their communities. For more
information, please visit www.foresters.com.
Foresters(TM) is a trademark of The Independent Order of Foresters, a
fraternal benefit society, Toronto, Canada M3C 1T9.
(1) Foresters Competitive Scholarship Program is a competition for
scholarships, open to eligible applicants meeting the eligibility
requirements. Scholarship recipients will be selected from completed
applications submitted before the deadline. The program is administered
by the Association of Universities and Colleges of Canada.
(*) This figure reflects the currency of the country where the student
will be attending school.
(*)(*) Unity Life of Canada represents Foresters in Canada.
Note to Editors: For a list of Canadian scholarship recipients by
For further information:
For further information: For media inquiries, please contact: Stephanie
Petroff, Public Relations Specialist, Foresters, (416) 429-3000 ext 4766,
(800) 461-8431 ext 4766, email@example.com