ANDERSEN FOUNDATION

The foundation recognizes the importance of higher education in the development and refinement of an individual's current and future career responsibilities and skills. To this end, the foundation provides scholarship aid to the people of andersen and their family members. The purpose of the scholarship aid is to provide financial assistance, including use of educational grants, to eligible individuals seeking post-secondary education at accredited institutions. Individuals seeking scholarship aid applied for the program through a preestablish application which is disseminated through electronic, local office communication. Once completed, recipients are selected by the foundation's selection committee based on objective standards. The committee is a geographically diverse group consisting of twelve people. The committee reviews each scholarship application and administers scholarship aid to grantees based on financial need, academic merit, and scholastic achievement. The amount of scholarship aid awarded to each recipient varies based on the selection criteria, the number of eligible applicants and the amount of funds available. Individuals who are awarded scholarship aid either receive the funds directly or such funds are paid directly to the accredited institution for application towards the individual recipient's degree program. The foundation awarded forty-eight scholarships in 2024 ranging from $2,500 to $15,000.