WASHINGTON, November 17, 2021 / PRNewswire / – Horatio Alger Association of Distinguished Americans, Inc., a non-profit educational organization honoring the achievements of outstanding individuals and encouraging young people to pursue their dreams through higher education, today announced that it will begin awarding its annual scholarships to students of the as opposed to high school students, in order to guide them through the college decision-making process and give them access to Association resources earlier in their academic journey.
The Horatio Alger Association was created in 1947 to dispel the growing belief among young people that the American dream was no longer achievable. Since the inception of its scholarship programs in 1984, the Association has grown to become the largest provider of need-based, privately funded scholarships in United States and Canada. More … than $ 20 million in scholarships is awarded annually and the organization expects to award a total of $ 235 million to more than 35,000 deserving students by its 75e anniversary in 2022. These annual scholarships recognize outstanding students who, in the face of great personal adversity, remain determined to earn a college degree.
âRecent data has revealed that undergraduate enrollment is down 3.2% since fall 2020, adding to a 3.5% drop from 2019,â said James F. Dicke II, president of the Horatio Alger association and winner of the 2015 Horatio Alger prize. “This drop is alarming, but not entirely surprising given the excessive increase in tuition fees and room and board costs. that further emphasize the need for increased financial support. By providing scholarships to high school students who are more likely to be just starting the college application process, we can better educate them about the options available and help them make the right move. decision for their long-term goals, while minimizing student debt. â
Reaching students a year earlier, fellows will participate in the Association’s College Success program, an offering that provides college application and selection support, a review of financial aid programs, and financial literacy courses. , productivity and time management courses, etc. Beneficiaries will also have access to mental and physical health resources, emergency funding for housing or food insecurity emergencies, and networking opportunities with Horatio Alger members and Alumni Scholars with similar life experiences.
“For a variety of reasons – many of which have been accelerated by the pandemic – an increasing number of students are deciding not to go to college,” said Rock Jones, Ph.D., president of Ohio Wesleyan University. âI deeply believe in higher education as a critical catalyst in moving our country forward and I commend the Association for identifying a tangible way to help young people make informed decisions about their academic future. This is a model and an approach that I hope other organizations will learn and adopt. “
Terrence Giroux, Executive Director of the Horatio Alger Association, added: âThere are studies dating back to the 1990s that show that at-risk students are less likely than their peers to enroll in post-secondary education due to many factors. We hope that meeting the needs Scholarships and access to other resources before a student’s final year of high school will open their eyes to new opportunities and that this new early intervention program will help them. will prepare for long-term personal and professional success. Association leaders and members who have advocated for this innovative change and are continually looking for new ways to support our fellows. “
The scholarship change takes effect immediately with the first class of juniors to be awarded in 2022. Eligible students can apply from December 1, 2021, through March 15, 2022. To learn more about the requirements and to apply, visit https://scholars.horatioalger.org/.
About the Horatio Alger Association of Distinguished Americans:
Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple yet powerful belief that hard work, honesty, and determination can overcome any obstacle. The Association honors the achievements of outstanding leaders who have achieved remarkable success despite adversity by granting them the Horatio Algiers Reward and induct them as life members. Horatio Alger members supporting promising young people with the resources and confidence to overcome adversity in pursuit of their dreams through higher education. Thanks to the generosity of its Members and friends, the Association awarded in 2020 more than $ 21 million in undergraduate and graduate scholarships as needed to 2,500 students across United States and Canada, and provided collegial support and mentoring services to its fellows. Since 1984, the Association has awarded more than $ 235 million in undergraduate, graduate, veterans, vocational and technical education scholarships to more than 35,000 deserving students. For more information, please visitwww.horatioalger.org.
SOURCE Horatio Alger Association of Distinguished Americans, Inc.