Disney Invests in Young Leaders with a $1 Million Commitment to the Hispanic Scholarship Fund
November 17 2014 - 12:00PM
Business Wire
Collaboration Will Award Scholarships to Top
Hispanic Students Nationwide
The Hispanic Scholarship Fund (HSF) announced a $1 million
commitment from The Walt Disney Company to provide scholarships to
outstanding Hispanic students.
The donation is part of a three-year agreement between Disney
and HSF that will create The Walt Disney Company-HSF Scholarship
Program. With this generous support, Disney and HSF will help
hundreds of students across the country realize their full
potential as leaders in their chosen professions, and as volunteers
who give back to the community. In addition to funding the
scholarships, Disney will also support the bilingual, multimedia
Public Service Advertising campaign that HSF has created in
partnership with the Ad Council. The ads will appear across ABC and
ESPN platforms, encouraging parents on how to prepare, plan, and
pay for college.
“The Walt Disney Company is one of the most iconic and respected
companies in the world, and we are thrilled to be working
together,” said Fidel A. Vargas, President & CEO, Hispanic
Scholarship Fund, who made the announcement at the #LATISM14
conference of Latinos in Tech Innovation & Social Media held in
Anaheim, Calif. “Support from insightful corporate partners like
The Walt Disney Company makes it possible for HSF to increase the
number of college scholarships we are able to award to outstanding
Hispanic students, and to expand the educational resources and
services we offer to Latino parents and their children.”
“Education is the foundation upon which dreams are built, and
increasing access to higher learning is an investment with infinite
returns for individuals and society as a whole,” said Robert A.
Iger, Chairman and Chief Executive Officer, The Walt Disney
Company. “That’s why we’re committed to raising public awareness
and supporting even more outstanding Hispanic students with
scholarships that encourage and empower them to achieve their
goals.”
Today, one-fourth of all public school students in the U.S. are
Hispanic, and research shows that 69% of Hispanic high school
graduates are now going directly to college – a rate that is higher
than that of the general population.
“As a result of this unprecedented surge of Hispanic
college-bound students, the need for information about college and
financial resources available to students and families is greater
than ever before,” said Mr. Vargas.
In addition to providing scholarships, HSF connects Hispanic
students and parents with resources to help them navigate the
journey to college and beyond. The organization’s new scholarship
season is slated to reopen on January 1, 2015 and close on March
30, 2015. Students can begin the application process immediately by
creating a personal profile on HSF’s website, HSF.net.
About the Hispanic Scholarship Fund
Founded in 1975, the Hispanic Scholarship Fund provides
scholarships to Latino students, as well as related support
services. HSF seeks to give students all the tools they need to
apply to college, do well in their course work, graduate, enter a
profession, excel, help lead our nation going forward, and mentor
the generations to come. As the nation’s largest not-for-profit
organization supporting Hispanic American higher education, the
Fund has awarded over $470 million in scholarships and provides a
range of ancillary programs for students, HSF Scholars, and their
families. HSF further strives to make college education a top
priority for every Latino family across the nation, mobilizing our
community to proactively advance that goal – each individual, over
a lifetime, in every way he/she can. For more information about the
Hispanic Scholarship Fund, please visit: HSF.net, and follow us at
#DisneyHSFScholars.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and
affiliates, is a leading diversified international entertainment
and media enterprise with five business segments: media networks,
parks and resorts, studio entertainment, consumer products and
interactive. Disney is a Dow 30 company and had annual revenues of
$48.8 billion in its last fiscal year.
Media Contacts:Hispanic Scholarship FundVikki
GutierrezDirector of Marketing and
Communications310-499-5616vgutierrez@hsf.netorThe Walt Disney
CompanyDavid JeffersonCorporate
Communications818-560-4832david.j.jefferson@disney.com
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