Students are first recipients of scholarships awarded monthly
by nation’s only fully bilingual college-financing and outreach program
2Futuro announces $2,000 in scholarship awards
RESTON, Va. , July 6, 2007 – 2Futuro is pleased to announce the awards of two scholarships of $1,000 each to Mayra Alvarez, a student at California State University, Los Angeles , and Jason Gates, a student at the University of Oklahoma Health Sciences Center in Oklahoma City. They are the first recipients of scholarships awarded through random monthly drawings that 2Futuro conducts as part of its commitment to providing access to higher education.
“I am happy and honored to have been selected the winner of one of the monthly $1,000 2Futuro scholarships,” said Alvarez. The first in her family to attend college, Alvarez will graduate next year with a bachelor's degree in sociology and plans to pursue a master's degree in social work. “This scholarship will help me pay for registration fees and textbooks, and will allow me to start the next semester in a more comfortable financial situation,” she said.
2Futuro is the only fully bilingual college-financing and outreach program that enables parents and students to apply for college loans in the language they most prefer—Spanish or English. 2Futuro is a joint venture between Sallie Mae, the nation's leading provider of education funding, and USA Funds, the nation's leading education-loan guarantor.
The program also offers dedicated Spanish-language customer support to students, parents and financial aid administrators. 2Futuro assists students—in both English and Spanish—in accessing a post-secondary education so that they can achieve their dreams. 2Futuro helps students to find scholarships (such as those offered via drawings on www.2Futuro.com) along with financial aid and repayment information to help them plan and pay for college.
More than 60 schools nationwide have used 2Futuro to assist students and their families.
“We are pleased to award these scholarships to Mayra and Jason. 2Futuro is proud to help make the dream of attending college an affordable reality for bilingual students and their families,” said Sergio Sanchez, director, 2Futuro. “2Futuro also helps schools increase enrollment, retention, and graduation rates by reaching out to Hispanics, who represent the fastest-growing student segment in higher education today.”
Information about 2Futuro is available online at www.2Futuro.com, or by calling 1-888-2FUTURO (238-8876).
The program also offers dedicated Spanish-language customer support to students, parents and financial aid administrators. 2Futuro assists students—in both English and Spanish—to access a post-secondary education so that they can achieve their dreams. 2Futuro allows students to find scholarship, grant and financial-aid information to help them plan and pay for college, as well as information on repayment.
SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation's leading provider of saving- and paying-for-college programs. The company manages $150 billion in education loans and serves nearly 10 million student and parent customers. Through its Upromise affiliates, the company also manages $17 billion in 529 college-savings plans, and over 7.5 million members have joined Upromise to help save for college with rewards on purchases at nearly 70,000 places. Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Headquartered in Indianapolis, USA Funds is a nonprofit corporation that works to enhance postsecondary-education preparedness, access and success by providing and supporting financial and other valued services. During the year ending Sept. 30, 2006, USA Funds guaranteed education loans totaling $27.3 billion for students and parents throughout the nation. USA Funds also invests more than $16 million annually in scholarships and outreach programs that advance its mission of support to higher education. For more information about USA Funds, visit www.usafunds.org.
