LAS VEGAS, Dec. 3, 2018 /PRNewswire/ -- MGM Resorts
International announces the re-establishment of the MGM Resorts
Scholarship Program for Children of Employees with an initial gift
of $1 million beginning in 2019. The
scholarship is intended to help such high school graduates increase
their access to post-secondary opportunities, including
universities, community colleges and recognized certification
programs.
This program will offer scholarships up to $2,500 to selected children of MGM Resorts'
full-time domestic employees, excluding executives, through a
highly competitive application process. This philanthropic
scholarship program will be funded by MGM Resorts, but will be
entirely managed and administered by The Public Education
Foundation (PEF), a Las
Vegas-based nonprofit organization.
Applications will be selected based on a number of criteria,
primary among them financial need and high school academic
performance. While simply applying to this program will not
guarantee funding for eligible children of MGM Resorts' employees,
all applicants will be able to find out information about other
scholarship opportunities through PEF, which oversees hundreds of
scholarship funds and will serve as a resource for these
students.
MGM Resorts' support of education, job readiness and workforce
development in the communities in which they operate is a hallmark
of the company's Corporate Social Responsibility (CSR)
philosophy.
"Our MGM Resorts Scholarship Program for Children of Employees
represents another expression of our commitment to the success of
our employees and their families," said Jim
Murren, Chairman & CEO. "When we assist the
college education or vocational training of our employees'
children, as provided by this program, we invest in development of
the workforces of our communities, their stability and growth."
Whether their education path leads to a four-year or two-year
program or vocational program certification meeting PEF standards,
this scholarship will be available to selected applicants for a
maximum of four years, as long as they remain enrolled and in good
academic standing.
ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global
entertainment company with national and international locations
featuring best-in-class hotels and casinos, state-of-the-art
meetings and conference spaces, incredible live and theatrical
entertainment experiences, and an extensive array of restaurant,
nightlife and retail offerings. MGM Resorts creates immersive,
iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts
portfolio encompasses 28 unique hotel offerings including some of
the most recognizable resort brands in the industry. Expanding
throughout the U.S. and around the world, the company in 2018
opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in
Shanghai. The 81,000 global
employees of MGM Resorts are proud of their company for being
recognized as one of FORTUNE® Magazine's World's Most Admired
Companies®. For more information visit us at
www.mgmresorts.com.
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SOURCE MGM Resorts International