PRESQUE ISLE – The trustees of the Maine Higher Education Assistance Foundation are pleased to announce that on Monday, Dec. 8, a scholarship in the amount of $1,000 will be awarded to Tory Bradbury, a graduate of Central Aroostook High School and a senior majoring in business management at the University of Maine at Presque Isle. Bradbury maintains a 3.67 GPA. The Maine Higher Education Assistance Foundation was established in the 1950s to support a guarantee fund for student loans. The founders included a wide range of banks, businesses, community organizations and individuals. In 1990, the MeHEAF trustees, the Maine Bankers Association’s Board of Directors, seeking to continue the original intent of the founding members, began a scholarship program funded by the return of the original loan guarantee funds.
This year the MeHEAF trustees have selected 11 Maine colleges and universities to receive scholarships. The participating school chooses student scholarship recipients. All student scholarship recipients must be in the second, third or fourth year, must be a Maine high school graduate, must be majoring in a business-related subject, must have good academic standing and must have financial need. All scholarships are awarded for second-semester expenses.
Since 1990, a total of $237,400, in scholarships has been awarded. In 2008, an additional $11,000 will be awarded. Schools receiving MeHEAF scholarships this year are: the University of Maine Fort Kent, University of Maine at Machias, the University of Maine at Orono, the University of Southern Maine, the University of Maine at Presque Isle, the University of Maine at Augusta, the University of New England in Biddeford and Westbrook, St. Joseph’s College, Husson College, Thomas College and York Community College.
Previous scholarship recipients at the University of Maine at Presque Isle include: Katie McNally in 2007; Jessica White in 2006; Linda Gover in 2005; Kara Dickinson in 2004; Stacey Tardiff in 2003; Danielle Delano in 2002; Amanda Demers in 2001; Michelle St. Peter in 2000; Susan Barker in 1998; Sare Walls in 1997; Terri Hallowell in 1996; and Brad Pelletier in 1995.
The Maine Higher Education Assistance Foundation is administered by the Maine Bankers Association and is located in Augusta at 132 State Street. Maine Bankers Association Vice President Mark Walker will be making the presentation and will be joined by area bankers and local legislators.