Kroger Foundation Awards Over $265,000 in Scholarships
Kroger Foundation Awards Scholarships to Young Scholars
The Kroger Co. Foundation is proud to announce its recent allocation of scholarship funds aimed at supporting the educational aspirations of children of Kroger associates. This initiative is part of the company's wider commitment to uplift families and strengthen communities.
Significant Investment in Education
This year, the foundation has granted a remarkable total of $265,000, benefiting 106 students. Each recipient, who is a child of a Kroger associate, will receive $2,500 to apply towards their education in an accredited two or four-year college, university, or vocational program. Since the program's inception in 2008, the Kroger Scholars initiative has successfully awarded over $5 million in scholarships, marking a significant contribution to educational support.
Inspiring Testimonials from Recipients
Students like Kenzie Wyman, who is now pursuing a business degree, express deep gratitude for the assistance they've received. Kenzie stated, "This support truly makes a difference for my family. The Kroger scholarship allows me to focus more on my studies and pursue my athletic career without the added stress of financial pressure. I'm truly grateful for this opportunity and all it represents." This sentiment echoes among many scholars who feel empowered to chase their career dreams with the help of these scholarships.
Diverse Institutions Represented
This year's Kroger Scholars are distributed across more than 85 educational institutions throughout the country. The selection process for these scholarships takes into account a comprehensive set of criteria, including volunteer work, civic engagement, participation in extracurricular activities, academic performance, and relevant work experience. This holistic approach ensures that well-rounded students are recognized and rewarded for their efforts.
Eligibility and Application Process
The Kroger Scholars program is available to children—biological, adopted, or stepchildren—of associates who have worked with Kroger for at least two years, totaling a minimum of 1,000 hours every year. This requirement highlights the company's commitment to its associates and their families, promoting educational advancement among those who contribute significantly to the Kroger family.
Additions to Associates' Support Programs
In addition to the scholarship program, Kroger also offers a robust tuition reimbursement initiative, which can contribute up to $21,000 for both part-time and full-time associates. Over the years, this program has allocated more than $64 million to support the educational goals of Kroger employees. Remarkably, about 90% of the beneficiaries of this program are hourly associates, emphasizing Kroger's focus on enhancing the opportunities for its workforce.
Kroger's Continued Commitment
The Kroger Co. continually seeks ways to support both its employees and their families. Through various programs like the Kroger Scholars program and tuition reimbursement, the company illustrates its dedication to fostering educational opportunities and career growth, ensuring a brighter future for the next generation.
Company Recognition and Values
Furthermore, Kroger has garnered accolades for its workplace culture and commitment to diversity and inclusion. Recognized as one of America’s greatest workplaces for diversity, Kroger is committed to enhancing its corporate culture while actively engaging with the communities it serves.
About Kroger
The Kroger Co. (NYSE: KR) operates with a core purpose: To Feed the Human Spirit™. With over 400,000 associates serving more than 11 million customers daily through an expansive eCommerce platform and various retail food stores, Kroger strives to create sustainable communities and promote the idea of #ZeroHungerZeroWaste. To learn more, visit the Kroger newsroom and investor relations site.
Frequently Asked Questions
What is the purpose of the Kroger Scholars program?
The Kroger Scholars program aims to provide financial assistance to children of Kroger associates, helping them pursue education at accredited institutions.
How much has Kroger invested in scholarships?
Kroger has awarded over $5 million in scholarships since the program's launch in 2008, demonstrating its commitment to educational support.
Who is eligible for the Kroger Scholars program?
Eligible applicants are children of associates who have worked at Kroger for at least two years and meet specific work hour requirements.
Are scholarships awarded to part-time and full-time associates equally?
Yes, Kroger’s scholarships are available to both part-time and full-time associates, enhancing access to educational support for all employee families.
What additional support does Kroger offer its associates for education?
Kroger offers a tuition reimbursement program that can contribute up to $21,000 for associates looking to further their education, ensuring professional growth.
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