The Atlantic City “A New Beginning” Scholarship

(Atlantic City, NJ) –  Atlantic City Mayor Don Guardian said Thursday, “When I first became Mayor, having a scholarship that provided Atlantic City residents an opportunity to further their education beyond high school was extremely important to me.  That is why I dedicated my first inaugural ball towards raising funds for a scholarship endowment at Atlantic City Cape Community College.  We called the scholarship Mayor Don Guardian’s “A New Beginning” Scholarship.  Since 2014, we have raised $300,000, with $200,000 being invested into an endowment account.  As of 2017, a total of $7,000 has been accrued in interest from that endowment account.  The remaining $100,000 was drawn down to be used for award scholarships.

From 2014 until 2017, a total of $60,006.90 was awarded in scholarship money to over 25 students who were eligible as of October 2017.  I hope and pray that these scholarships played a small role in helping these students ease their financial burden.  Going forward, I requested that the residual $49,193.10 be added to the remaining $200,000 endowment account to be used for future scholarships.  Education is the key to breaking poverty, and I hope I did my small part in helping to lift the next generation of Atlantic City residents out of poverty.”

Eligibility Requirements:

• Reside in Atlantic City for two years prior to enrolling at Atlantic Cape
• Demonstrate financial need
• Maintain a minimum grade point average of 2.5
• Enrolled at Atlantic Cape Community College
• Complete Free Application For Student Financial Aid
• Submit a scholarship application

Awards:

• Based on applicant ability to meet eligibility requirements
• Up to $2,000 per semester per student

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