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Monday, June 25, 2012

Altria provides Richmond scholarships

Altria, the maker of well-known Marlboro cigarettes, has unveiled the first-ever winners of its Altria College Opportunity Fund scholarship program, which awards Richmond Public Schools graduates with four-year scholarships of up to $10,000 per year.

The funds can help students pay for college tuition, room and board and other academic expenses.

Altria said it would provide College Opportunity Fund scholarships for the Richmond Public Schools classes of 2012, 2013 and 2014, and provide a total commitment of up to $2 million over the next seven years.

“For many high school students the road to college is often obstructed by the reality of how to pay for it,” said Jennifer Hunter, senior vice president of corporate affairs, Altria Client Services.

“Altria is proud to help some of Richmond’s brightest students overcome the challenge of affording a college education. The College Opportunity Fund is part of our commitment to help kids develop the skills they need to be successful in the workforce, including our hometown of Richmond.”

In a note posted on its website, Altria said it had established the College Opportunity Fund for Richmond Public Schools seniors who were academically qualified to attend college but whose families could not afford the financial impact.

‘The tobacco company created the fund to complement the more than $10 million in other investments it has made since 2005 in local programs for middle and high school students in metro Richmond,’ it said.

‘An impartial third party screened scholarship applicants for eligibility based on students’ academic records, financial need, leadership and community service.’

Twelve Richmond Public Schools graduates were found to have met the program’s achievement standards.


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