STOCK TITAN

PG&E Offering More Than 100 College Scholarships Totaling Nearly $200,000

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pacific Gas and Electric Company (PG&E, NYSE:PCG) has opened scholarship applications for college-bound high schoolers and current college students residing in Northern and Central California. Over $200,000 in awards will be distributed, with individual scholarships ranging from $1,000 to $6,000. Targeted groups include various employee resource groups promoting diversity and inclusion. Since 1989, PG&E has awarded more than $5 million in scholarships. Applications are due by February 25, 2022.

Positive
  • More than $200,000 available for scholarships.
  • Individual awards range from $1,000 to $6,000, supporting diversity.
  • Since 1989, over $5 million awarded in scholarships to thousands.
Negative
  • None.

Applications Available Now; Deadline is Feb. 25, 2022

SAN FRANCISCO--(BUSINESS WIRE)-- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound high schoolers as well as current college and continuing education students with a primary residence in Northern and Central California.

More than 100 awards totaling nearly $200,000 are being made available through scholarships created by PG&E’s employee resource (ERG) and engineering network groups (ENG). These groups support and advance diversity, equity and inclusion within PG&E and the hometowns we serve.

These scholarships are awarded annually to help offset the cost of higher education. ERG and ENG scholarship winners will receive awards ranging from $1,000 to $6,000 for exemplary scholastic achievement and community leadership.

PG&E ERG and ENG scholarship information, including criteria and applications, is available on PG&E’s website. To be considered for a scholarship, all applications must be submitted by Feb. 25, 2022.

“Our ERG and ENG scholarships will help develop our future leaders and breakthrough thinkers. Many of our recipients are the first in their families to attend college. These scholarships are especially valuable to some of our applicants who’ve experienced financial challenges due to COVID-19. These awards are one way we’re delivering for our hometowns,” said Julius Cox, PG&E executive vice president, people, shared services, supply chain and enterprise change.

“As a first-generation college student, I never thought college would be a possibility for me due to financial hardships. It’s through scholarships like the PG&E Latino ERG scholarship that I’ll be able to continue my journey to higher education and making my dream of attending college a reality,” said Rebecca Hernandez, a 2021 Latino ERG scholarship recipient, who’s majoring in ethnic studies at the University of California at Santa Barbara.

Since 1989, PG&E’s ERGs and ENGs have awarded more than $5 million in scholarships to thousands of recipients. The funds are raised totally through employee donations, employee fundraising events and Campaign for the Community, the company’s employee giving program.

More than 6,000 PG&E employees belong to the ERGs and ENGs. Each group helps further the company’s commitment to serving its hometowns and growing employee engagement.

PG&E’s ERG and ENG scholarships are available through these 13 groups:

  • Access Network (individuals with disabilities)
  • Asian
  • Black
  • Latino
  • Legacy (tenured employees)
  • MEENA (Middle East, Europe, and North Africa)
  • National Society of Black Engineers (STEM career employees)
  • NuEnergy (newer employees)
  • PrideNetwork (LGBTQ+ employees)
  • Samahan (Filipino)
  • Society for Hispanic Professional Engineers (STEM career employees)
  • Veterans
  • Women’s Network

In addition to the PG&E scholarships, the Pacific Service Employees Association (PSEA), a non-profit mutual benefit organization serving PG&E employees and retirees, also provides scholarships for dependents of company employees.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

MEDIA RELATIONS:

415-973-5930

Source: Pacific Gas and Electric Company

FAQ

What is the deadline for PG&E scholarships?

The deadline for PG&E scholarships is February 25, 2022.

How much money is available for PG&E scholarships?

PG&E is offering over $200,000 in scholarships.

What are the scholarship amounts offered by PG&E?

Scholarships range from $1,000 to $6,000.

Who is eligible for PG&E scholarships?

Eligibility includes college-bound high schoolers and current college students in Northern and Central California.

How long has PG&E been awarding scholarships?

PG&E has awarded scholarships since 1989.

PG&E Corporation

NYSE:PCG

PCG Rankings

PCG Latest News

PCG Stock Data

55.57B
2.14B
2.73%
77.17%
1.32%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
OAKLAND