Fairway Empowers Students with $32,400 Scholarship Program
Fairway Independent Mortgage Corporation Announces Scholarship Recipients
Education can open doors to new opportunities, and Fairway Independent Mortgage Corporation is reinforcing this belief through its 2025 Fairway Scholarship Program. This year, the initiative grants a total of $32,400 to 16 outstanding students, providing each with $2,025 to further their educational pursuits.
Supporting Future Leaders
The recipients of these scholarships are not just random students; they are either children of Fairway employees or the employees themselves, showcasing the company’s commitment to its workforce and their families. With representatives from various parts of the United States, this program celebrates diversity and potential across multiple regions.
Voices of Gratitude
Julie Fry, the Chief Human Resources Officer at Fairway, expressed the importance of such financial assistance. "Financial assistance for higher education is more important than ever," she said. Her sentiment echoes the struggles many families face when it comes to college expenses, and this scholarship seeks to ease that burden.
Personal Stories of Impact
The impact of the scholarships is evident through heartfelt testimonials from recipients. JoAnna Borchers, a Branch Processor, shared how the scholarship will lighten her family’s financial load as her husband copes with a service-connected disability. She stated, "This scholarship will help to ease the financial stress of college expenses for our family." These kinds of stories illustrate the tangible benefits that scholarships can bring to families.
Encouraging Education Within the Community
Another recipient, Amy Monk, a Senior Loan Officer, shared her journey back to education. After stepping away from college years ago to raise her stepson, she is now determined to earn her degree as an example for her daughter. Her story adds a personal touch to the initiative and highlights how scholarships can inspire not only the recipients but their families too.
Program Success Over the Years
The Fairway Scholarship Program has been making a significant impact over the years. The Scholarship Review Committee, alongside Fairway's Executive Team, meticulously reviews submissions to ensure deserving students are awarded. In the past four years, the company has funded 65 students from 29 different states, totaling $131,527 in scholarships. This remarkable commitment underscores Fairway's dedication to education and community support.
Acknowledging Contributions to Education
Recalling her experience, Alexis Ohanlon, daughter of a Fairway LOA, expressed deep gratitude for the scholarship. She described how the opportunity allows her to attend Washington and Lee University with less financial strain. "This scholarship will allow me to pay for a large portion of my tuition, which gives me the financial freedom to volunteer and prioritize community engagement my freshman year of college," she said. This reflects how financial support can lead to greater contributions to society.
Appreciation from Families
Additionally, Jamie Freeze, a Loan Officer, expressed her excitement, emphasizing the scholarship's role in demonstrating to her daughter that hard work pays off. Nicole Bouteiller, another Fairway LOA, shared similar sentiments, noting how the scholarship has alleviated the financial pressures tied to out-of-state tuition for her daughter. These stories highlight the profound effects financial support can have on families.
About Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation, based in Madison, WI, and Carrollton, TX, operates as a full-service mortgage lender licensed in all 50 states. The company ranks as the #2 overall retail lender in the U.S. and continues to prioritize support for education, volunteering initiatives, and community engagement.
Frequently Asked Questions
What is the Fairway Scholarship Program?
The Fairway Scholarship Program awards financial grants to students who are children of Fairway employees or employees themselves to support their educational efforts.
How much funding is provided to each scholarship recipient?
Each scholarship recipient receives $2,025 to assist with their continuing education costs.
How many scholarships have been awarded in total?
Over the past four years, Fairway has awarded scholarships totaling $131,527 to 65 students from 29 states.
Who reviews and approves the scholarship applications?
The applications are reviewed by Fairway's Scholarship Review Committee and approved by the Executive Team to ensure fairness and transparency.
How does Fairway Independent Mortgage Corporation support its employees?
Fairway supports its employees through various initiatives, including scholarships, community engagement opportunities, and continuous professional development programs.
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