Group plans to offer more scholarships
The Saccomanno Higher Education Foundation hopes to offer more need-based scholarships in higher amounts for this spring’s applicants.
The foundation, founded by former Grand Junction residents Geno and Virginia Saccomanno in 1992, has provided $8.9 million in scholarship awards since its inception. The foundation will be enriched this year by a generous donation from Virginia Saccomanno, who died in May 2011. The money will be invested in the foundation’s endowment, according to Terry Farina, vice president of the foundation.
Farina said he hopes the increased endowment will help the foundation provide more money to students for the 2012–13 school year as federal and state grant sources decline and tuitions increase.
“We recognize students are having to bear more of the burden, so we’re hoping to make the individual scholarships larger,” Farina said.
Last year, the foundation awarded $709,000 to 351 students who are using the scholarships during the current school year at universities, community colleges and vocational schools across the country.
Saccomanno Foundation President Carol Murphy said she hopes to award more than that amount this year when awards are announced in mid-May.
She said the amount of each award will depend on how many applications the foundation receives by the April 2 application deadline.
“We will hopefully be able to be more generous,” Murphy said.
Prospective students of any age can download the scholarship application at saccomannoed.org/Application12.html or pick one up at local high schools, Colorado Mesa University, Western Colorado Community College, Intellitech, Marillac Clinic, or the St. Mary’s Hospital Foundation Office.
Applications for the 2012–13 school year must be postmarked by April 2 and sent to the Saccomanno Higher Education Foundation, P.O. Box 3788, Grand Junction, CO, 81502.
The foundation awards scholarships based on need, so students will have to submit income information about themselves, their parents and their spouses as well as which college they plan to attend and what other scholarships they have received, so the foundation can determine how much money the student may need for school.