ArcBest Partners with Scholarship America to Offer Company's Inaugural Employee Dependent Scholarship Program
29 Mai 2024 - 4:17PM
Business Wire
ArcBest invests in its employees and their
families, awarding scholarships for higher education
ArcBest® (Nasdaq: ARCB), an integrated logistics company, today
announced its partnership with Scholarship America® to offer the
company’s first Employee Dependent Scholarship Program, providing
recipients $2,000 per academic year. Applications for the 2024-2025
school year opened in January 2024, and 10 students were selected
to receive ArcBest’s inaugural scholarship funding based on their
academic record, leadership and participation in school and
community activities, statement of educational and career goals,
and financial need.
"We're excited about partnering with Scholarship America to
continue investing in our employees and their children through
financial support for higher education,” said Erin Gattis, ArcBest
chief human resources officer. “One of ArcBest’s core values is
Growth, and it focuses on growing our people and our business. That
extends to our employees’ homes and communities. Through this new
partnership, we’re helping students access the education they want
and empowering them to achieve their career aspirations.”
The ArcBest Employee Dependent Scholarship Program is available
to dependent children of full-time employees in the United States,
Puerto Rico and Canada who have worked for the company at least
three years. Dependent children are defined as biological, adopted,
foster children, stepchildren, legal wards, or children of a person
standing in loco parentis under age 24 as of the application
deadline date. The program excludes dependents of department
directors and above.
Eligible applicants include high school seniors, students in
their final year of upper secondary school or CEGEP (College of
General and Professional Teaching) studies, upper secondary school
graduates enrolling in college for the first time, and students who
have completed undergraduate courses while in high school or upper
secondary school. Students must have a cumulative GPA of 2.5 or
higher and plan to enroll in a full-time undergraduate study at an
accredited two- or four-year college, university or
vocational-technical school.
Recipients can earn up to $8,000 by renewing their scholarship
each academic year for up to three years or until a bachelor's
degree (or equivalent) is completed. Students must maintain a 2.5
GPA in full-time course studies and complete at least 24 semester
hours during the preceding academic year.
"It means a lot that ArcBest is so interested in its employees
and their families that the company would offer this scholarship,"
said Eleanor Gordon, an ArcBest scholarship recipient. “I am very
thankful to be selected as a recipient as I begin my college career
and continue growing my education.”
The ArcBest Employee Dependent Scholarship Program was created
in response to employee feedback and aligns with our Philanthropic
Pillar of Education, which guides how ArcBest invests in local and
higher education to help grow the current and future workforce.
More than 60 students applied for the 2024-2025 scholarship.
Scholarship America is the nation’s largest designer and manager
of scholarships and other education support programs for
corporations, foundations, associations and individuals. The
Scholarship America evaluation team chose ArcBest’s first 10
recipients.
2024-2025 Scholarship Recipients:
- Aubrey Taylor, University of Kansas
- Clare Allison, Edgewood College
- Eleanor Gordon, University of Texas at Austin
- Emily Lockey, Rochester Christian University
- Hannah Stanley, Atlanta Technical College
- Jami Kurth, Carroll University
- Lillian Murray, Folsom Lake Community College
- Liset Vallejo, Friends University
- Mary Mungroo, The College of New Jersey
- Michelle Fernandini, Florida State University
Learn more about ArcBest's Employee Dependent Scholarship
Program.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated
logistics company that helps keep the global supply chain moving.
Founded in 1923 and now with 15,000 employees across 250 campuses
and service centers, the company is a logistics powerhouse, using
its technology, expertise and scale to connect shippers with the
solutions they need — from ground, air and ocean transportation to
fully managed supply chains. ArcBest has a long history of
innovation that is enriched by deep customer relationships. With a
commitment to helping customers navigate supply chain challenges
now and in the future, the company is developing ground-breaking
technology like Vaux™, one of the TIME Best Inventions of 2023. For
more information, visit arcb.com.
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Autumnn Mahar amahar@arcb.com 479-494-8221
ArcBest (NASDAQ:ARCB)
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