News Releases

Scholarship America Honored Katie Couric, Donald Graham and GM Foundation at Inaugural "From Dreams to Degrees" Event on May 19

The event, presented by Voya Financial, celebrated college students and those who make their success a reality


Scholarship America hosted their inaugural From Dreams to Degrees Education Dinner on May 19, 2015 at the National Press Club in Washington, D.C. Proceeds from the event will go toward the Scholarship America Dream Award, a completion-based scholarship program for students who are entering their second year or higher of education beyond high school.

More than 300 individuals attended the event, which honored Katie Couric, journalist and author; Donald Graham, CEO of Graham Holdings Company; and the General Motors Foundation for their efforts in helping students achieve their education dreams. Rehema Ellis, NBC national education correspondent, emceed the evening’s program, which was chaired by Rodney O. Martin, Jr., chairman and CEO of Voya Financial.

During the event, Martin surprised Scholarship America with a $25,000 gift from Voya Financial’s philanthropic arm, the Voya Foundation, to support the Scholarship America Dream Award.

MEDIA ALERT: Scholarship America’s Inaugural From Dreams to Degrees Event on May 19 to Honor Katie Couric, Donald Graham and GM Foundation


Scholarship America, the nation’s largest nonprofit scholarship organization, celebrates the contributions to education made by Katie Couric, Donald Graham and the General Motors Foundation. Student scholarship recipients will also be present to help Scholarship America honor these individuals and organizations at the National Press Club in Washington, D.C. on May 19. Voya Financial is the event's Presenting Sponsor; event chair is Voya Chairman & CEO Rodney O. Martin, and the evening's emcee is NBC News's Rehema Ellis.

2015 Scholarship America Dream Award Recipients "Represent The Best of American Perseverance"


Scholarship America, Inc., the nation’s largest nonprofit scholarship and education support organization, is thrilled to announce its 2015 class of Dream Award scholarship recipients.

"These twelve students represent the best of American perseverance and the dream to make a better life," said Lauren A. Segal, President & CEO of Scholarship America. "Receiving the Scholarship America Dream Award will allow each of these students to focus on their studies, rather than worrying about how to pay for their education."

Scholarship America Elects Former Scholarship Recipient Doug Mello to Board of Trustees


Scholarship America, the nation’s leading nonprofit scholarship and educational support organization, is pleased to announce that Doug Mello has been elected to serve as a member of Scholarship America’s Board of Trustees. Mello is the President of DJM Advisory Services, Inc., a telecommunications advisory services firm he founded in 1999, and is among one of Scholarship America’s first scholarship recipients through its flagship Dollars for Scholars program.

2015 Joe Lieberman Connecticut Scholarship Fund Open for Student Applications through April 1


Scholarship America announced today that the Joe Lieberman Connecticut Scholarship Fund, to assist outstanding high school seniors from Connecticut who plan to continue their education in college or vocational school programs, is now open for its third year of student applications. To date, ten students have each received a $1,500 scholarship award, renewable for up to three additional years or until a bachelor’s degree is earned. For 2015, up to five more Connecticut high school students will be selected for this prestigious award.

“The Joe Lieberman Connecticut Scholarship Fund is a way for me to both thank and give back to Connecticut by helping outstanding high school seniors go to college and pursue their dreams,” said Sen. Lieberman.

Scholarship America Statement on President Obama’s Community College Proposal


This month, President Barack Obama unveiled a new proposal, America’s College Promise, to make two years of community college free for qualified students. The President further advocated for his proposal to the nation in the 2015 State of the Union address.

Scholarship America applauds the President for prioritizing the issue of addressing college access and affordability and offering solutions. America’s College Promise has started a very healthy discussion and has helped to spotlight the importance of providing post-secondary educational opportunities to all Americans.

Scholarship America's Max Espinoza Joins Congressional Hispanic Caucus Institute (CHCI) Advisory Council


The Congressional Hispanic Caucus Institute (CHCI) is proud to announce that Max Espinoza of Scholarship America has joined its 2015-2016 Advisory Council. The Council represents national leadership from a variety of sectors, including government, corporate America, unions, academia, and foundations. CHCI’s Advisory Council members serve as ambassadors for the organization and give their time and expertise in service to CHCI’s mission and the betterment of the Latino community.

Scholarship America Announces Commitment to Expand College Access at White House Event


Scholarship America’s Senior Vice President, Education Programs and Policy, Max Espinoza, joined President Obama, the First Lady, and Vice President Biden along with hundreds of college presidents and other education leaders today to announce new actions to help more students prepare for and graduate from college. The White House College Opportunity Day of Action helps to support the President’s commitment to partner with colleges and universities, business leaders, and nonprofits to support students across the country to help our nation reach its goal of leading the world in college attainment.

Today’s participants were asked to commit to new action in one of four areas: building networks of colleges around promoting completion, creating K-16 partnerships around college readiness, investing in high school counselors as part of the First Lady’s Reach Higher initiative, and increasing the number of college graduates in the fields of science, technology, engineering, and mathematics.

As a member of this initiative, Scholarship America commits to focus on serving low-to-moderate income students and communities of greatest need. Specifically, Scholarship America will add 110 community-based scholarship chapters across the nation by 2020. Read more about Scholarship America’s commitment here.

Affiliate Spotlight: Divide County Area Dollars for Scholars


Six miles south of the Canadian border, Minnesota hunters visiting Crosby, North Dakota, may not be the likeliest of fundraisers, but you’d be mistaken if you traveled to the area.

Chuck Foreman at the Divide County Area Dollars for Scholars AuctionSeveral years ago, a group of hunters visited the town of 1,000 – the largest in Divide County – and found themselves welcomed and impressed with the tight-knit community. To give back to the community that hosts them, they wanted to raise money for Divide County Area Dollars for Scholars.

Those fall fundraisers have raised thousands of dollars for the affiliate. Illness of the coordinator put the fundraiser on hold for a couple of years, but Divide County Area Dollars for Scholars revived the event in his honor. Last October’s dinner and auction brought in special guest Chuck Foreman, retired NFL Minnesota Vikings player, and raised an incredible $25,000.

Grassroots events like these help grow Divide County Area Dollars for Scholars, as well as demonstrate the affiliate’s strong ties to the community. It’s a relationship that has proven fruitful for the past 22 years.

Read more about the affiliate's work here.

Volunteer Spotlight: Rachael Hagedorn, Carlisle Area Dollars for Scholars


Just southeast of Des Moines, Iowa, is a suburban community with a small-town feel. With about 4,000 residents, the city of Carlisle may be small, but activities abound -- and Rachael Hagedorn from Carlisle Area Dollars for Scholars jumped right in. “From the very beginning of her participation [in 2009], … Rachael was offering to take on work,” said Clint Smalley, president of Carlisle Area Dollars for Scholars. “She was always thinking up new ways to bring public attention to what we were doing and would often add to her own workload to get the word out.”

Rachael Hagedorn of Carlisle Area Dollars for Scholars in IowaRachael immediately invested in the affiliate, even as a new face in an established community. Moving an entire family is no small task, but the Hagedorn family was attracted to Carlisle’s family-friendly atmosphere. “When my oldest son reached high school, my husband and I wanted [our kids] to go to a smaller school where they could be involved in everything,” she said.

Influenced by parents who were both educators, Rachael said she was always involved in her kids’ education. And, as her kids became more involved in sports and other extracurricular activities, Rachael did, too. All of those activities presented an opportunity to get to know her neighbors, and the family’s next-door neighbor happened to volunteer with an organization called Carlisle Area Dollars for Scholars.

“We were new, and we knew we wanted to get involved,” Rachael recalled. “I wanted to be involved in the school. My neighbors were involved in Dollars for Scholars and said, ‘You should join!’ So I did.”

Read more about Rachael's impact on students here.

Vice-Chair, Board Members Elected To Scholarship America's Board Of Trustees


Scholarship America is pleased to announce that Robert Ballard Senior Vice President, Philanthropy for USA Funds, has been elected to serve as vice-chair of the organization's Board of Trustees. In addition, Scholarship America welcomes Dr. Sandy Robinson of Florida State College at Jacksonville and William Young of Plastipak Holdings, Inc. and Absopure Water Co., who have been elected to serve as members of the Board.

George Family Foundation Honors Lauren Segal at First-Ever Celebrating Twin Cities Women Leaders Event


The George Family Foundation recognized Scholarship America President & CEO Lauren Segal as one of 84 exceptional women leaders making remarkable contributions to building the Twin Cities at its first-ever “Celebrating Twin Cities Women Leaders” event on September 16, 2014.

“Celebrating Twin Cities Women Leaders” was held at the Guthrie Theater in conjunction with a preview performance of Wendy Wasserstein’s Pulitzer Prize-winning play, The Heidi Chronicles. Written in 1989, The Heidi Chronicles is a story of women struggling to make greater contributions to the world of art, business and government. The event celebrated women who have served as CEO, board chair or president of large corporations, colleges and universities, government and nonprofit organizations, health care, and major arts organizations in the Twin Cities.

Families of Freedom Scholarship Fund Reaches $100 Million in Awards to Family Members of Those Lost or Permanently Disabled on 9/11


Families of Freedom Scholarship Fund, the largest private scholarship fund for 9/11 families, announced it has reached the $100 million mark in needs-based scholarships awards to 2,568 students since September 11, 2001. That figure includes $11,463,072 in scholarship awards to support 776 students during the 2013-2014 academic year. The average award is $13,415 per student.

Scholarship America Surprises 12 Dream Award Recipients on Katie Couric’s Talk Show, Katie


Scholarship America surprised its first group of 12 Dream Award recipients on Katie Couric’s daytime talk show, Katie, today. (Video: Part 1, Part 2)

The Dream Award is Scholarship America’s renewable scholarship program for financially needy students who have overcome barriers and have successfully started their college education. Awards were made to 12 students selected from across the nation who are entering their second year or higher of education beyond high school; the scholarships are both renewable and increase in amount each year. Scholarship America awarded more than $150,000 to this first group of students, with scholarships ranging from $10,000 to $15,000 based on the individual student’s financial need. Each student’s award will increase by $1,000 each year to help them successfully finish school and earn their degrees.

News Archive

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2014 Annual Report

In 2014, more than 125,000 students received over $236 million in scholarship support and assistance from Scholarship America – a record-breaking year for the nation's largest provider of private scholarships.


Visit our 2014 annual report to learn more about our successes, our students and our future.

The Dream Award

Dream Award Scholarship America’s Dream Award is a renewable scholarship fund targeted toward completion. These annually-increasing awards will be given to students selected from across the nation who are entering their second year of education beyond high school.

Success By Degrees

Scholarship America's blog, Success By Degrees, covers items of interest to parents, volunteers, educators and anyone interested in the big issues surrounding education, financial aid and postsecondary success. You'll find policy announcements, news releases and more, every week!

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