– Initiative supports historically underserved minority students
– Program will award $10 million in scholarships over six years
PR Newswire
RICHMOND, Va.
,
June 17, 2021
/PRNewswire/ — Sixty students from diverse backgrounds make up the first class of Dominion Energy Educational Equity Scholars and will receive over
$500,0000
to help pay for educational expenses as part of Dominion Energy’s larger commitment to African American and other underrepresented minority students. These scholarships are the first in a six-year,
$10 million
initiative to provide assistance with higher education expenses.
“A college education is one key path to a successful career. This will help reduce the financial hurdle,” said
Robert M. Blue
, Dominion Energy’s chair, president and chief executive officer. “All students should have access to a quality education and the many doors a college degree opens.”
The inaugural class is comprised of students hailing from eight states. Seventeen students enrolled in two-year schools will receive
$5,000
each. Forty-three students enrolled in four-year schools will receive
$10,000
each. Scholarship recipients will be able to renew scholarships as they progress in school, provided they meet certain criteria, such as GPA requirements and residence in an eligible state. The program is administered by Scholarship America, a nonprofit that specializes in management of scholarship and tuition assistance programs.
Another
$9.5 million
in Dominion Energy Educational Equity Scholarships will be awarded over the next five years. Dominion Energy also committed
$25 million
to 11 historically black colleges and universities in
Virginia
,
Ohio
,
North Carolina
and
South Carolina
. The six-year
HBCU Promise
SM
program will support endowments, capital projects, operating expenses and educational programs in clean energy.
NOTE: Photos and biographies of this year’s awardees are available at
https://news.dominionenergy.com/scholars
About Dominion Energy
More than
7 million customers in 16 states
energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is
committed to sustainable, reliable, affordable and safe energy
and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit
DominionEnergy.com
to learn more.
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SOURCE Dominion Energy
