STOCK TITAN

Students Earn Fifth Third Education Scholarships from the Fifth Third Foundation

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

The Fifth Third Foundation has awarded $62,500 in scholarships to children of Fifth Third employees for college studies. This scholarship program, established in 2005, grants $2,500 one-time awards annually. Over 450 students have benefited since its inception. The awards recognize academic achievements and are administered by the National Merit Scholarship Corp. The recipients for this year include students from various states such as Ohio, Kentucky, Illinois, Michigan, Georgia, Colorado, and Florida. The Foundation, founded in 1948, supports education, health, community development, and the arts.

Positive
  • None.
Negative
  • None.

CINCINNATI--(BUSINESS WIRE)-- Since its founding in 1948, the Fifth Third Foundation has made education programs a key priority. In 2005, Fifth Third established its Scholarship Program to award one-time, $2,500 scholarships annually to children of Fifth Third employees for study at a college or university. This year’s scholarships total $62,500. More than 450 students have merited scholarships since 2005.

Chosen and administered by the National Merit Scholarship Corp., the Fifth Third Scholarship Program recognizes the academic achievements of the following students, listed with their employee parent or parents and their work location:

  • Addison E. Anderson, child of Shanna Anderson, Cincinnati, Ohio.
  • Gwendolyn A. Armstrong, child of David Armstrong, Columbus, Ohio.
  • Charles D. Bender, child of David Bender, Cincinnati, Ohio.
  • Prateek M. Bhandari*, child of Vijaya Bhandari, Cincinnati, Ohio.
  • Ethan L. Davey, child of Julie Davey, Cincinnati, Ohio.
  • Rick Fitzpatrick*, child of Shigemi Fitzpatrick, Lexington, Kentucky.
  • Srikar S. Gandikota*, child of Vinod Gandikota, Atlanta, Georgia.
  • Hailey L. Hartman, child of Bethany Hartman, Cincinnati, Ohio.
  • Gavin J. Jensen, child of Cynthia Jensen, Cincinnati, Ohio.
  • Natalie Z. Juszczyk, child of Aneta Juszczyk, Rosemont, Illinois.
  • Lucy A. Konrad, child of Robert Konrad, Montgomery, Ohio.
  • Hanna L. Kovacevic, child of Amra Kovacevic, Kentwood, Michigan.
  • Brenna A. Lemoine, child of Amalie Lemoine, Cincinnati, Ohio.
  • Vivian W. Li, child of Lei Li, Solon, Ohio.
  • Revanth Manchineella, child of Sreedevi Chirumamilla, Cincinnati, Ohio.
  • Casey J. Mankowski, child of Cynthia Mankowski, Tampa, Florida.
  • Catherine A. McGuire, child of Timothy McGuire, Cleveland, Ohio.
  • Zachary Reiffer, child of Stephen Reiffer, Grand Rapids, Michigan.
  • Abraham T. Rempe, child of Thomas Rempe, Cincinnati, Ohio.
  • Lauren J. Shen*, child of Lixin Shen, Cincinnati, Ohio.
  • Hayden J. Stokes*, child of Miranda Stokes, Denver, Colorado.
  • Danica Sun, child of Jinghua Cao, Rosemont, Illinois.
  • Leo M. Tombragel, child of Greg Tombragel, Madisonville, Ohio.
  • Jadon M. Turner, child of Kyle Greivenkamp, Cincinnati, Ohio.
  • Emilie M. Young, child of Chris and Jenniffer Young, Independence, Kentucky.

“Since 2005, the Fifth Third Foundation has enthusiastically supported the academic goals of the children of Fifth Third employees through this scholarship,” said Heidi Jark, senior vice president and managing director of the Foundation Office at Fifth Third Bank, “We applaud these deserving students and are proud to support them as they embark upon this next chapter in higher education.”

The National Merit Scholarship Corp. is an independent nonprofit organization. The National Merit Scholarship Program was designed to identify and honor exceptionally able high school students, and to provide a system of services for corporations, foundations and other organizations that wish to sponsor college undergraduate scholarships to students who interest them. All aspects of the selection of winners and the administration of their awards are handled by the NMSC.

Established in 1948, the Fifth Third Foundation was the first charitable foundation created by a financial institution. The Foundation supports worthy causes in the areas of health and human services, education, community development and the arts in the states where Fifth Third Bank operates.

*National Merit Scholarship finalist

Adrienne Gutbier (Media Relations) July 10, 2024

adrienne.gutbier@53.com | 513-534-8038

Matt Curoe (Investor Relations)

matt.curoe@53.com | 513-534-2345

Source: Fifth Third Foundation

FAQ

What is the total amount of scholarships awarded by the Fifth Third Foundation in 2024?

The Fifth Third Foundation awarded a total of $62,500 in scholarships in 2024.

How much is each scholarship awarded by the Fifth Third Foundation?

Each scholarship awarded by the Fifth Third Foundation is $2,500.

How many students have received scholarships from the Fifth Third Foundation since 2005?

More than 450 students have received scholarships from the Fifth Third Foundation since 2005.

Who administers the Fifth Third Foundation Scholarship Program?

The Fifth Third Foundation Scholarship Program is administered by the National Merit Scholarship Corp.

Which states had recipients of the Fifth Third Foundation scholarships in 2024?

Scholarship recipients in 2024 were from Ohio, Kentucky, Illinois, Michigan, Georgia, Colorado, and Florida.

Fifth Third Bancorp

NASDAQ:FITB

FITB Rankings

FITB Latest News

FITB Stock Data

28.44B
667.10M
0.58%
86.52%
3.27%
Banks - Regional
State Commercial Banks
Link
United States of America
CINCINNATI