Paying for college just got easier for four Maryland students. They are among 530 students nationwide who will receive scholarships of $5,000 each for the 2011-2012 academic year through the Verizon Foundation's scholarship program for the children and dependents of company employees.
The Verizon Foundation is the philanthropic arm of Verizon Communications.
The Verizon scholarship program selects recipients based on financial need, academic achievement and extracurricular activities. Each scholarship is renewable for three years and has a total value of $20,000. For the 2011-2012 academic year, the Verizon Foundation will provide a total of more than $2.64 million for the scholarships. One hundred scholarships are for incoming freshman, and 430 are for continuing support for previous winners.
This year's first-time Maryland recipients are:
- Ana Kartina Aquino of Silver Spring, a student at Richard Montgomery High School, who plans to attend The Catholic University of America and major in psychology. She is the daughter of Verizon employee Michael Aquino.
- Christina Augins of Gwynn Oak, a student at Catonsville High School, who plans to attend the University of Maryland - Baltimore County and major in finance and economics. She is the daughter of employee Christopher Augins Sr.
- Robert Burton of Ashton, a student at Our Lady of Good Counsel High School, who plans to attend the University of Maryland - Baltimore County and pursue a degree in chemical engineering. He is the son of employee William R. Burton.
- Brian Schwarz of Ellicott City, a student at Centennial High School, who plans to attend the University of Maryland - Baltimore County and pursue a degree in mechanical engineering. He is the son of employee Charles J. Schwarz.
Since 2001, the scholarship program has invested more than $42.3 million toward the college education of children and dependents of Verizon employees, benefitting 2,353 students.
"Our commitment to developing a skilled work force for the 21st century begins at home, with the children of our employees," said William R. Roberts, president of Verizon in Maryland and Washington, D.C. "Verizon proudly supports these students because we realize that we're investing in the education of our future leaders, an investment that will yield great results for our communities."
The Verizon Foundation awards the scholarships in partnership with Scholarship America, the nation's largest nonprofit, private sector scholarship and educational support organization, which was founded in 1958.
A list of the Verizon scholars for 2011 is available on the Verizon Foundation website at www.verizonfoundation.org.
The Verizon Foundation uses its technology, financial resources and partnerships to address critical social issues, with a focus on education and domestic violence prevention. In 2010, the foundation awarded nearly $67 million to nonprofit agencies in the U.S. and abroad. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered nearly 6 million hours of community service since 2000. For more information on the foundation, visit www.verizonfoundation.org.
Verizon Communications Inc. (NYSE, NASDAQ:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 104 million total connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of more than 196,000 and last year generated consolidated revenues of $106.6 billion. For more information, visit www.verizon.com.