New Multicultural Scholarship Program for African-American, Asian/Pacific or Hispanic Students

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ScholarshipFellowship.com - USA College Scholarships, Grants and Financial Aid Search November 20, 2008

MassMutual Announces New Multicultural Scholarship Program for African-American, Asian/Pacific or Hispanic Students

Massachusetts Mutual Life Insurance Company (MassMutual) today announced the launch of a new national multicultural scholarship program that will offer $60,000 in scholarships and potential internship opportunities in financial services to outstanding college students of color. The San Francisco Bay Area is one of the four metropolitan areas piloting the program.

Beginning this month, students of African-American, Asian/Pacific Islander, or Hispanic descent who reside in the San Francisco Bay Area or the Atlanta, Houston, Los Angeles metropolitan areas can apply for one of 12 $5,000 college scholarships. These students must have concentrations in the fields of accounting, business, economics, finance, marketing, math or statistics.

MassMutual is collaborating with the San Francisco Bay Area Insurance Agency, the local general agency, to provide three scholarships to Bay Area students. Three scholarships will be awarded in each of the targeted metropolitan areas. The program will be administered by the Hispanic Scholarship Fund (HSF). In its 33-year history, HSF has awarded in excess of 86,000 scholarships worth more than $250 million to Latinos attending nearly 2,000 colleges and universities in all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands.

To be eligible, students must be of African-American, Asian/Pacific Islander, or Hispanic descent, be a sophomore, junior or senior enrolled full-time at a U.S. accredited college or university majoring in accounting, business, economics, finance, marketing, math or statistics, have a minimum GPA of 3.0, and reside in the Atlanta, Houston, Los Angeles or San Francisco metropolitan areas. Select agencies will offer internship opportunities to scholarship recipients providing them exposure to a career in financial services.

To apply, students can visit www.hsf.net/massmutual.aspx. The deadline for applications is February 18, 2009. Recipients will be announced in June 2009.

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