Huntington Ingalls Industries Awards 193 Scholarships for the 2020-2021 School Year Through Annual Scholarship Fund
September 17 2020 - 9:30AM
Huntington Ingalls Industries (NYSE: HII) announced today that the
HII Scholarship Fund, now in its fifth year, has awarded 100 new
scholarships for the 2020-2021 school year. Additionally, the fund
renewed 93 previously active scholarships. To date, 767
scholarships have been awarded or renewed for a total of more than
$2 million.
The HII Scholarship Fund was formed to provide financial
assistance to dependent children of HII employees who are pursuing
a post-secondary college or technical/vocation degree and to
dependent children who are enrolled in quality pre-kindergarten
school readiness programs. For the fifth year in a row, HII
President and CEO Mike Petters declined all but $1 of his annual
salary to fund the program that has helped provide educational
opportunities to 462 children of employees across the HII
enterprise.
“The start of each academic year is often both an exciting and
anxious time for many young scholars. This year is certainly no
exception,” Petters said. “In this, the fifth year of our annual
scholarship, it is more important than ever to give a sign of
assurance to our students of all ages. Remember, the classrooms may
look different for many, but the learning objectives remain the
same. We are proud of the accomplishments our awardees will achieve
despite these unprecedented times.”
Of the scholarships awarded, 30 were granted to students in
four-year education programs, 20 were granted to students in
two-year technical/vocation programs, and 50 were granted to
students in early childhood school-readiness programs.
Individual award amounts range from $1,500 for selected students
enrolled in a two-year college program to $3,000 for selected
students enrolled in a four-year program; the post-secondary awards
are renewable for recipients who remain in good academic standing.
The fund also awards scholarships of up to $3,000 for pre-school
education costs.
Children of all HII employees are eligible to apply for the
scholarship fund, with the exception of children of senior
executives and those employees who have been with the company for
less than two years. Guidelines and applications for the 2021
program will be available in early 2021.
The annual fund is a result of HII’s commitment to workforce
development and ongoing efforts to invest in the future generations
of workers through education. Through the decades, HII has made
numerous investments in STEM education programs; partnerships with
local high schools, community colleges and technical schools to
develop trade-based curriculum; summer internships for both
students and teachers, and industry-leading apprentice schools at
the company’s two shipyards.
The HII Scholarship Fund is administered through Scholarship
America. The selection process for awards is independent of HII and
based on both academic scholarship and financial need. No employee
or officer of HII plays a part in the selection process.
Huntington Ingalls Industries is America’s largest military
shipbuilding company and a provider of professional services to
partners in government and industry. For more than a century, HII’s
Newport News and Ingalls shipbuilding divisions in Virginia and
Mississippi have built more ships in more ship classes than any
other U.S. naval shipbuilder. HII’s Technical Solutions division
supports national security missions around the globe with unmanned
systems, defense and federal solutions, and nuclear and
environmental services. Headquartered in Newport News, Virginia,
HII employs more than 42,000 people operating both domestically and
internationally. For more information, visit:
- HII on the web: www.huntingtoningalls.com
- HII on
Facebook: facebook.com/HuntingtonIngallsIndustries
- HII on Twitter: twitter.com/hiindustries
- HII on YouTube: www.youtube.com/huntingtoningalls
- HII on Instagram: instagram.com/huntingtoningalls
Contact:
Beci Brenton(202) 264-7143Beci.Brenton@hii-co.com
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