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MassMutual Scholars Program Enters Third Year of Helping Multicultural College Students

MassMutual Scholars Program Enters Third Year of Helping Multicultural College Students

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Massachusetts Mutual Life Insurance Company (MassMutual) will offer $5,000 college scholarships to high-achieving students for its third straight year. The company’s annual MassMutual Scholars Program offers a total of $135,000 to college students of African-American/Black, Asian/Pacific Islander or Hispanic descent residing or going to school in nine metropolitan areas across the country.

“The MassMutual Scholars program provides financial support and guidance to deserving students striving to obtain a college degree,” said Nick Fyntrilakis, Assistant Vice President of Community Responsibility at MassMutual. “We are very proud that in these tough economic times we are able to help students from diverse backgrounds achieve their dreams.”

For Angelica Virginia Guio, one of last year’s award recipients, the $5,000 scholarship meant she could continue to attend the University of San Francisco full-time, while working two full-time jobs and caring for an infirmed parent and younger sibling.

“As a full-time student; working two jobs can be extremely exhausting… I have learned many lessons since my mother suffered a stroke in 2009. I learned how to be a parent to my mother… I now know what it is like to stretch every dollar… and to truly appreciate every day you have because there is no way of knowing what tomorrow may hold,” wrote Guio.

Like many of the MassMutual Scholars, Guio is planning to be the first in her family to graduate from a four-year higher education institution.

This year, MassMutual will open the scholarship program to students of all majors, increasing access to the scholarship opportunity. Applicants must reside or attend college in San Francisco, Los Angeles, San Antonio, Houston, Denver, Atlanta, Central New Jersey, Chicago and Miami, meet certain academic criteria, such as having a 3.0 or better GPA, express an interest in careers in the insurance and financial services industry, and demonstrate financial need.

“Education is the cornerstone for multicultural families and is key to their economic empowerment,” said Chris Mendoza, Assistant Vice President of Multicultural Market Development for MassMutual. “This scholarship program is just one of MassMutual’s many efforts, including attracting talented professionals to the field of financial services and supporting people of diverse backgrounds, both as agents and as clients.”