J.B. Hunt Awards $250K to Students Throughout the Country in New Scholarship Program for Families

Rhea-AI Summary

J.B. Hunt Transport Services has launched the J.B. Hunt Scholarship Program for Families, awarding $250,000 in scholarships to 100 recipients. The program is available to dependent children or grandchildren of employees pursuing higher education. Scholarships are renewable for up to four years with a minimum 2.5 GPA. Recipients have expressed gratitude, highlighting the company’s commitment to its workforce. The initiative is part of J.B. Hunt's broader efforts to support educational opportunities in the community.

Positive

• Awarded $250,000 in scholarships to 100 recipients.
• The scholarship program supports dependent children and grandchildren of employees.
• Awards are renewable for up to four years, encouraging continued education.
• Positive recipient testimonials highlight the company's dedication to employee welfare.

Negative

• None.

LOWELL, Ark.--(BUSINESS WIRE)-- J.B. Hunt Transport Services Inc., one of the largest supply chain solutions providers in North America, today announced it has awarded a total of $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program, the J.B. Hunt Scholarship Program for Families.

“Leading this program is one of the many ways J.B. Hunt is working to give back to our communities,” said Brad Hicks, president of highway services and executive vice president of people at J.B. Hunt. “The innovative ideas that will transform the world are with the students of today and we want to ensure they have the opportunity to learn, grow and reach their full potential.”

The application-based scholarship program is available to dependent children or grandchildren of J.B. Hunt employees who currently attend or plan to attend an accredited two or four-year college, trade school or vocational school. Awards are renewable each year for up to four years as long as the recipient maintains a 2.5 GPA and full-time enrollment. The J.B. Hunt Scholarship Program for Families inaugural class represents more than 60 locations throughout the country.

For recipient and Chicago native Alyssa Louise Geonanga, the scholarship will help her pursue a career as a supply chain analyst.

"J.B. Hunt truly values its people and provides them and their families with the necessary resources to succeed,” said Geonanga. “I am deeply honored to have been a recipient of the J.B. Hunt Scholarships for Families. It has allowed me to continue my education, make an impact in my community and has given me the motivation to persevere and the confidence to succeed.”

Northwest Arkansas recipient Sam Lonneman said the scholarship program really speaks to the integrity of the company.

“People love to say J.B. Hunt is a people-first company focused on being more than just an employer, but also a foundation and a resource for its employees and their families,” said Lonneman. “Receiving this scholarship is proof that these words aren’t just fluff; this company really is true to their message about doing right by their people.”

The J.B. Hunt Scholarship Program for Families is supported by Scholarship America®, an organization that works to enrich education by assisting individuals, corporations and communities with fundraising and awarding scholarships to students. J.B. Hunt has plans to continue the program in 2023, which is news that employees like Chris Ferguson and his family will eagerly anticipate the assistance.

“The gift from J.B. Hunt will allow my son, Hugh, to complete his education and become a pediatric cardiologist, a profession near and dear to his heart, quite literally,” said Ferguson, an analyst for J.B. Hunt. “In the seventh grade, after playing tennis one hot afternoon, Hugh was diagnosed with supraventricular tachycardia, which causes his heart to beat quickly. The funds provided in this scholarship may someday help find a cure for this condition. The Ferguson family wants J.B. Hunt to know that we, as an organization, are not only providing an outstanding delivery and logistics experience but are also changing the lives of employees.”

Through its company giving efforts, J.B. Hunt strives to advance educational opportunities for its employees and communities by supporting initiatives that provide an inclusive educational experience. In addition to the J.B. Hunt Scholarship Program for Families, the company enriches education through its annual Adopt-A-Class program to provide classroom support for schools throughout the country. Through this program, J.B. Hunt drivers nominate their child or grandchild’s classroom, kindergarten through fifth grade, for a chance to receive a gift card donation to assist teachers with purchasing school supplies for their classroom.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 and Fortune 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221011005192/en/

Brittnee Davie

Vice President - Marketing

press@jbhunt.com

479.419.3178

Source: J.B. Hunt Transport Services Inc.

FAQ

What is the J.B. Hunt Scholarship Program for Families?

The J.B. Hunt Scholarship Program for Families awards scholarships to dependent children or grandchildren of J.B. Hunt employees who are enrolled in accredited colleges or vocational schools.

How much money has J.B. Hunt awarded in scholarships in 2023?

In 2023, J.B. Hunt awarded a total of $250,000 in scholarships.

How many scholarships were awarded through the J.B. Hunt program?

A total of 100 scholarships were awarded through the J.B. Hunt Scholarship Program.

What are the eligibility requirements for the J.B. Hunt Scholarship?

Eligible recipients must be dependent children or grandchildren of J.B. Hunt employees and must maintain a 2.5 GPA while enrolled full-time.

Where can I find more information about J.B. Hunt scholarships?

More information about J.B. Hunt scholarships and their programs can be found on their official website.