Sun Prairie, Wis.-based General Casualty Insurance Companies has announced the names of 20 winners of its renewable $1,000 scholarship awards.
“The General Casualty scholarship program was created four years ago to reward talented students,” said Hollie Bowker, General Casualty community relations manager. “Our aim is to encourage excellence and offer a financial incentive that helps ease the burden of paying for college.”
According to Bowker, rising education costs make scholarships and financial aid more valuable than ever. Experts at the College Board predict the cost of attending private and public colleges will increase about 5 percent each year. According to that estimate, in 10 years tuition for one year would cost $49,204 and $18,489 at private and public colleges, respectively.
Winners and the schools they will attend include:
Joshua Bruner of Cuba City, Wis.. University of Wisconsin;
Lauren Chadwick, Wilmington, N.C., University of North Carolina at Chapel Hill; Danielle Eisenschink of Valders, Wis., Carroll College in Waukesha, Wis.; Bret Hagen of New Glarus, Wis., Edgewood College, Madison, Wis.; Megan Prestebak of Dorchester, Wis., University of Wisconsin, Green Bay; Bryan Sandvig of Bloomington, Minn., Wheaton College, Wheaton, Ill.; Stephanie Tofte of Verona, Wis., Hamline University, St. Paul, Minn.; Kasey Wagner of Pewaukee, Wis., University of Wisconsin, Madison.
In addition, four scholarships were awarded to students in states where the company writes business and has offices and eight to dependents of General Casualty and Winterthur U.S. Holdings, Inc., employees. Awards are renewable up to three years or until a degree is earned, whichever occurs first, and are based on satisfactory academic performances (2.5 GPA on a 4.0 scale).
The scholarship program began in 2003. The company has awarded more than $190,000 in college scholarships to 82 students.
Recipients were judged and selected by Scholarship Management Services, an independent scholarship program administrator. Winners were selected based on the following criteria: consideration of past academic performance and future potential; leadership and participation in school and community activities; work experience; career and educational aspirations and goals; unusual personal or family circumstances and an appraisal from a non-family member.
General Casualty Insurance Companies, headquartered in Sun Prairie, insures autos, homes and businesses. General Casualty markets its products through 1,500 independent insurance agencies in 25 states.
Source: General Casualty Insurance Companies