Sealaska Awards More Than $400,000 in Scholarships
JUNEAU, Alaska – Sealaska has awarded more than $400,000 in scholarships to 350 Sealaska tribal member shareholders and descendants. The awards, funded mostly by Sealaska, will help students pursuing graduate and undergraduate degrees and vocational-technical training for the 2013-2014 school year.
“A large number of the awards go to Alaskan institutions,” said Sealaska President and CEO Chris E. McNeil Jr. “The funds awarded through the scholarship program help support Alaskan educational institutions while helping Sealaska tribal member shareholders further their education.”
The annual awards are based on scholastic merit and class standing. Meeting those standards to receive a Sealaska scholarship is an academic accomplishment in itself.
In 1988, Sealaska created a $2.5 million endowment to support education scholarships for tribal member shareholders and descendants. The scholarship program is also supported financially through Section 7(i) revenue sharing provisions established under the Alaska Native Claims Settlement Act.
2013 Scholarship Program Breakdown:
Total number of students awarded: 350
Total amount distributed: $405,621
Alaska residents awarded: 175
Alaska resident scholarship total: $233,871
Students attending Alaska institutions: 91
Students attending Alaska institutions scholarship total: $120,604
Southeast student total: 135
Southeast student scholarship total: $185,251
Juneau: 58 students $75,827
Sitka: 16 students $22,881
Ketchikan: 12 students $17,048
Yakutat: 11 students $16,867
Wrangell: 11 students $14,889
Sealaska, Values In Action
Sealaska has strengthened business with culture since 1972. We are a Native institution owned by more than 21,000 tribal member shareholders whose core cultural values guide all that Sealaska does and represent the rich heritage of our Tlingit, Haida and Tsimshian people. We live our values to build excellence in our Native enterprise and take action towards our purpose: to strengthen our people, culture and homelands.
Posted: May 7, 2013