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Monday, August 18, 2014

Pinnacol Foundation awards $400,000 in Scholarships for 2014-15 school year

For the upcoming 2014-215 school year the Pinnacol Foundation has awarded $400,000 in scholarships to 113 students across Colorado.

“We are immensely proud of each of these students, and especially proud of the 61 scholars who are first generation college students,” said Carole Sumption, chair of the Pinnacol Foundation Board of Directors. “We are delighted to be able to help these students as they work toward their academic and career goals, and know these students will soon be making valuable contributions to our Colorado communities.”

Over the last 14 years the Pinnacol Foundation has given scholarships totaling nearly $3.3 million to the children of Colorado workers who were killed or seriously injured in work-related accidents. Created in 2000, the Pinnacol Foundation assists those families after a workplace accident. Since the Pinnacol Foundation’s inception, it has awarded scholarships to over 400 children of injured workers. The average scholarship amount is over $3,500 for the upcoming school year. Students may use the funds at any accredited institution of higher learning for vocational training and undergraduate degrees, and may reapply up to five years or to age 25.

One of this year's scholarship recipients, Samantha Manion, has a father who was injured in a work related traffic accident which left him permanently disabled. Samantha, who will be attending Community College of Denver this Fall, is one of the many first generation college students awarded a scholarship this year. Samantha shares, “The Pinnacol Foundation has done so much to help me with my goals. It is really great to be able to focus on what I actually want to do instead of worrying about how I am going to pay for it.”

To qualify for a Pinnacol Foundation scholarship, a student must be the natural child, adopted child or stepchild of a worker killed or seriously injured in a compensable work-related accident while employed by a Colorado-based business. The Foundation grants scholarships to students regardless of the insurance carrier.  Scholarships are awarded based on the severity of the parent’s injury, financial need, academic achievement, social responsibility (including employment), recommendation letters and a personal essay. Scholarship applications are accepted annually February 1 through April 15.

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