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J.B. Hunt Awards $533K to Recipients in Third Year of Scholarship Program for Families

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J.B. Hunt Transport Services Inc. has awarded $533,000 in scholarships to 100 new recipients through its J.B. Hunt Scholarship for Families program in its third year. The program provides $2,500 in annual financial aid to dependent children or grandchildren of J.B. Hunt employees attending accredited colleges or vocational schools. Scholarships are renewable for up to three years with maintained academic performance. Since 2022, J.B. Hunt has awarded over $1.2 million in total financial assistance through this initiative.

This year's recipients come from 25 states across the country. The company plans to continue the program for a fourth year, demonstrating its commitment to supporting employee families and education. The scholarship program is part of J.B. Hunt's broader giving strategy, which focuses on health care, veterans' support, education, and crisis management.

J.B. Hunt Transport Services Inc. ha assegnato 533.000 dollari in borse di studio a 100 nuovi beneficiari attraverso il programma J.B. Hunt Scholarship for Families, giunto al suo terzo anno. Il programma fornisce 2.500 dollari di aiuto finanziario annuale ai figli o nipoti a carico dei dipendenti J.B. Hunt che frequentano college o scuole professionali accreditate. Le borse di studio sono rinnovabili per un massimo di tre anni mantenendo prestazioni accademiche soddisfacenti. Dal 2022, J.B. Hunt ha assegnato oltre 1,2 milioni di dollari in totale assistenza finanziaria attraverso questa iniziativa.

I destinatari di quest'anno provengono da 25 stati in tutto il paese. L'azienda prevede di continuare il programma per un quarto anno, dimostrando il suo impegno nel sostenere le famiglie dei dipendenti e l'istruzione. Il programma di borse di studio fa parte della strategia di donazione più ampia di J.B. Hunt, che si concentra su sanità, supporto ai veterani, istruzione e gestione delle crisi.

J.B. Hunt Transport Services Inc. ha entregado 533.000 dólares en becas a 100 nuevos beneficiarios a través de su programa J.B. Hunt Scholarship for Families, en su tercer año. El programa proporciona 2.500 dólares en ayuda financiera anual a los hijos o nietos dependientes de los empleados de J.B. Hunt que asisten a universidades o escuelas vocacionales acreditadas. Las becas son renovables por hasta tres años, siempre que se mantenga un buen desempeño académico. Desde 2022, J.B. Hunt ha otorgado más de 1,2 millones de dólares en asistencia financiera total a través de esta iniciativa.

Los beneficiarios de este año provienen de 25 estados en todo el país. La empresa planea continuar con el programa por un cuarto año, demostrando su compromiso de apoyar a las familias de los empleados y la educación. El programa de becas es parte de la estrategia de donación más amplia de J.B. Hunt, que se centra en la atención médica, el apoyo a los veteranos, la educación y la gestión de crisis.

J.B. Hunt Transport Services Inc.는 J.B. Hunt Scholarship for Families 프로그램을 통해 533,000달러의 장학금을 100명의 신규 수혜자에게 수여하였습니다. 이 프로그램은 J.B. Hunt 직원의 의존자 자녀 또는 손주가 인가된 대학이나 직업 학교에 다닐 때 연간 2,500달러의 재정 지원을 제공합니다. 장학금은 학업 성적을 유지하는 조건으로 최대 3년까지 갱신 가능합니다. 2022년부터 J.B. Hunt는 이 이니셔티브를 통해 총 1.2백만 달러 이상의 재정 지원을 수여했습니다.

올해 수혜자는 전국 25개 주에서 선발되었습니다. 회사는 직원 가족과 교육을 지원하는 의지를 보여주며 프로그램을 4년 차로 이어갈 계획입니다. 이 장학금 프로그램은 J.B. Hunt의 보다 폭넓은 기부 전략의 일환으로, 헬스케어, 재향 군인 지원, 교육 및 위기 관리에 중점을 두고 있습니다.

J.B. Hunt Transport Services Inc. a attribué 533.000 dollars de bourses d'études à 100 nouveaux bénéficiaires à travers son programme J.B. Hunt Scholarship for Families, qui en est à sa troisième année. Le programme offre 2.500 dollars d'aide financière annuelle aux enfants ou petits-enfants à charge des employés de J.B. Hunt qui poursuivent des études dans des collèges ou écoles professionnelles accrédités. Les bourses peuvent être renouvelées pendant trois ans, à condition de maintenir un bon niveau académique. Depuis 2022, J.B. Hunt a accordé plus de 1,2 million de dollars d'assistance financière au total grâce à cette initiative.

Les bénéficiaires de cette année proviennent de 25 États à travers le pays. L'entreprise prévoit de poursuivre le programme pour une quatrième année, montrant ainsi son engagement à soutenir les familles de ses employés et l'éducation. Le programme de bourses fait partie de la stratégie de don de J.B. Hunt, qui se concentre sur les soins de santé, le soutien aux vétérans, l'éducation et la gestion des crises.

J.B. Hunt Transport Services Inc. hat im Rahmen seines dritten Jahres 533.000 Dollar an Stipendien an 100 neue Empfänger über das Programm J.B. Hunt Scholarship for Families vergeben. Das Programm gewährt 2.500 Dollar an jährlicher finanzieller Unterstützung für abhängige Kinder oder Enkelkinder von J.B. Hunt-Mitarbeitern, die akkreditierte Hochschulen oder Berufsschulen besuchen. Stipendien können bis zu drei Jahre lang erneuert werden, sofern die akademische Leistung aufrechterhalten wird. Seit 2022 hat J.B. Hunt insgesamt über 1,2 Millionen Dollar an finanzieller Unterstützung durch diese Initiative vergeben.

Die diesjährigen Empfänger stammen aus 25 Bundesstaaten im ganzen Land. Das Unternehmen plant, das Programm im vierten Jahr fortzusetzen, was sein Engagement für die Unterstützung der Familien der Mitarbeiter und der Bildung unter Beweis stellt. Das Stipendienprogramm ist Teil von J.B. Hunts umfassenderen Spendenstrategie, die sich auf Gesundheitsversorgung, Unterstützung für Veteranen, Bildung und Krisenmanagement konzentriert.

Positive
  • Awarded $533,000 in scholarships to 100 new recipients
  • Total financial assistance provided since 2022 exceeds $1.2 million
  • Scholarship program contributes to employee retention and satisfaction
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 scholarships to 100 new recipients of the J.B. Hunt Scholarship for Families program, bringing the total educational financial assistance provided in the third year of the program to exceed $533,000.

“This is one of my favorite company initiatives because it enables us to support what’s most important to our people - their families,” said Brad Hicks, president of highway services and executive vice president of people at J.B. Hunt. “From those who were part of our inaugural class to new recipients this year, these students are relentless in their commitment to continuing their education, and we are proud to support their academic journey.”

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. The scholarships provide $2,500 in financial aid each school year and are renewable annually for up to three years if recipients maintain a 2.5 GPA and full-time enrollment.

Since launching the program in 2022, J.B. Hunt has awarded more than $1.2 million in financial assistance for the families of J.B. Hunt employees. This year’s recipient class is comprised of students from 25 states throughout the country and includes students like Taylor Schultz, a Springdale, Ark.-native studying finance.

“This scholarship represents more than financial aid,” said Schultz. “It signifies recognition of my efforts and potential, boosting my confidence and inspiring me to contribute meaningfully to my chosen field of study.”

Rawaan Huseen, a radiology technologist major from Chicago, added, “Receiving this is a testament to the transformative power of education and an affirmation of my commitment to making an impact in the radiology field.”

J.B. Hunt plans to continue the program for a fourth consecutive year. 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 strives to advance educational opportunities for its employees and communities by supporting initiatives that promote a value-driven educational experience. As part of its giving strategy, J.B. Hunt provides financial support for projects across four pillars to support the causes its employees care most about: health care, veterans’ support, education, and crisis management.

About J.B. Hunt

J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.

J.B. Hunt Transport Services Inc. is a Fortune 500 company, an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.

Brittnee Davie

Vice President - Marketing

press@jbhunt.com

Source: J.B. Hunt Transport Services Inc.

FAQ

How much did J.B. Hunt (JBHT) award in scholarships for its 2023 program?

J.B. Hunt awarded $533,000 in scholarships to 100 new recipients in the third year of its Scholarship for Families program in 2023.

What is the annual scholarship amount provided by J.B. Hunt (JBHT) to each recipient?

J.B. Hunt provides $2,500 in financial aid each school year to each scholarship recipient.

How long has J.B. Hunt (JBHT) been running its Scholarship for Families program?

J.B. Hunt launched its Scholarship for Families program in 2022, and 2023 marks the third year of the program.

What is the total amount J.B. Hunt (JBHT) has awarded in scholarships since the program's inception?

Since launching the program in 2022, J.B. Hunt has awarded more than $1.2 million in financial assistance for the families of its employees.

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