CHICAGO, June 23, 2021 /PRNewswire/ -- CME Group, the
world's leading and most diverse derivatives marketplace, and
Chicago Mayor Lori Lightfoot have awarded 25 Star Scholars
with scholarships towards earning a degree at a four-year college
or university. The award recipients recently graduated from City
Colleges of Chicago with an
associate degree and will receive a $5,000 scholarship from CME Group to continue
their education, helping create more equitable opportunities for
hardworking students in Chicago.
"Given the enormous challenges our community college students
have faced over the past year, we are beyond excited to see them
persevere and continue achieving academic excellence at four-year
institutions," said Chicago Mayor
Lori E. Lightfoot.
"CME Group also values the determination of our students
and this investment will not only support them in their academic
and career journeys, but also provide our city with a diverse
pipeline of talent that will help us emerge from this pandemic
stronger than ever."
"We applaud these scholars for their relentless commitment
earning their associate degrees despite what was an extremely
challenging time," said CME Group Chairman and Chief Executive
Officer Terry Duffy. "We are proud
of their achievements to date and pleased to contribute to their
continued education which will allow them to reach their career
goals."
For the fifth consecutive year, CME Group has selected 25 Star
Scholar students from City Colleges of Chicago who graduated in May and Summer 2021
with a cumulative GPA of 3.0 or above. The scholarships will
support them in furthering their college career with a bachelor's
degree in accounting, business management, math, computer science
(IT), finance or economics at one of the Chicago Star Partner
colleges and universities in the fall.
"I want to thank CME Group for investing in our community and
removing barriers for participation for these talented and
hard-working students," said Chancellor Juan Salgado. "Our city's collective future
success is dependent on building a more inclusive Chicago economy and these scholarships help
ensure that more students have the educational opportunities they
deserve."
The Chicago Star Scholarship program at City Colleges of
Chicago has helped more than
10,500 CPS graduates pursue their associate degree debt-free with
85% being Black and Latinx. Star Scholars are diverse, representing
the diversity of Chicago and more
than 175 CPS high schools. Forty-eight percent of first-time,
full-time Star Scholars who started in Fall 2017 graduated from
City Colleges within three years, exceeding the national average
for community colleges.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives designed to help make college more
affordable and attainable for CPS graduates. Dating back to 1986
when CME Group and the City of
Chicago launched the CME Group Mayoral Award for Student
Achievement, CME Group has annually supported high-achieving CPS
students in pursuit of college degrees, resulting in thousands of
scholarships and estimated financial support exceeding $2 million.
For more information on the Star Scholarship at City Colleges of
Chicago, visit
www.ccc.edu/starscholarship.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks
of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of
BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana,
Inc., respectively. Dow Jones, Dow Jones Industrial
Average, S&P 500 and S&P are service and/or trademarks of
Dow Jones Trademark Holdings LLC, Standard & Poor's Financial
Services LLC and S&P/Dow Jones Indices LLC, as the case may be,
and have been licensed for use by Chicago Mercantile Exchange
Inc. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group