Hispanic Scholarship Fund and Procter & Gamble Team Up to Support Hispanics...

Hispanic Scholarship Fund and Procter & Gamble Team Up to Support Hispanics Pursuing Careers in Sciences, Technology, Engineering and Mathematics

Scholarship deadline is Feb. 27, 2009 for graduating high school seniors


CINCINNATI, Sept. 27 /PRNewswire-HISPANIC PR WIRE/ — Procter and Gamble (P&G) and its Bounty, Charmin, Tide, and Pampers brands, announced they are contributing $150,000 to the Hispanic Scholarship Fund (HSF), the nation’s leading organization supporting Hispanic higher education, to provide scholarships for Latino students pursuing college careers in the science, technology, engineering and mathematics (STEM) fields. The targeted nature of the contribution underscores the fact that Hispanic professionals are greatly underrepresented in these fields and many students who wish to pursue studies in them cannot afford to pay for a college education.

The announcement was made in New York yesterday by HSF President & CEO Frank Alvarez and Edgar Sandoval, General Manager, North America Marketing and Multicultural Business for P&G, at HSF’s Alumni Hall of Fame event, which honors Hispanics whose success demonstrates the power of higher education and highlights how earning a college degree can change individual lives and society as a whole for the better.

A Congressional Research Service report from 2008 on the U.S. Science and Technology Workforce indicates that science and technology-related professions are among the 30 fastest-growing occupations, with a growth rate of 27 percent compared to the 10 percent average for all other occupations. Data from the U.S. Census also confirms that only 13 percent of the Hispanic population 25 and older currently holds a bachelor’s degree or higher.(1)

“Providing early college preparation and financial support are key factors in encouraging Hispanic students to pursue STEM careers and help broaden the science, technology, engineering and mathematics workforce to meet future needs,” said Alvarez. “Last year, we were able to award 659 scholarships in the STEM fields, but unfortunately we also had an unmet need of 1,474 other, academically-qualified applicants we could not help simply due to lack of funding. Our partnership with P&G will allow us to meet more of the growing need for scholarships in these important areas.”

HSF’s scholarship application period is open now and will run until February 27, 2009. HSF and P&G will award 48 scholarships of $2,500 to eligible Hispanic students who will be enrolled in school the fall of 2009.

“As the Hispanic population in the United States continues to grow, it is important that we keep facilitating their access to a college education in order to build a diverse base of professionals in the areas of science, technology, engineering and mathematics,” said Sandoval, who was the recipient of an HSF scholarship when he was an engineering major, exemplifying the impact a scholarship from HSF can have in a student’s life.

“Together with HSF, P&G hopes to help empower Hispanic youth with the tools to achieve their dreams, so they can ensure their economic prosperity and improve their lives and those of their families,” he added.

Thanks to its diverse group of engineers, scientists and researchers, P&G can consistently deliver new and innovative products that enhance its consumers’ experiences and meaningfully improve their everyday lives.

“The fact that I have an engineering degree gives me a sense of success. An engineering career can open the doors to employment at important companies,” said Guillermo Vidal, Senior Engineer for Charmin at P&G. “I encourage Hispanic students to reach out to HSF to get the resources they need to pursue a degree in the areas of STEM because only a few of us Hispanics are taking advantage of the great opportunities these fields offer.”

P&G has been a corporate partner of HSF for over two decades, contributing more than $3,000,000 in support of its commitment to help educate future Hispanic leaders. During the last academic year, P&G also funded the production of HSF’s College Road Map, a bilingual guidance tool to help parents and students navigate the college application process. The Road Map was distributed to 200,000 middle and high school Hispanic students and their families throughout the country.

For more information on how to apply for these scholarships, please visit www.hsf.net

About the Hispanic Scholarship Fund

Founded in 1975 as a not-for-profit, the Hispanic Scholarship Fund (HSF) is the nation’s preeminent Latino scholarship organization, providing the Latino community more college scholarships and educational outreach support than any other organization in the country. During the 2007-2008 academic year, HSF awarded almost 4,100 scholarships exceeding $26.7 million. In its 33-year history, HSF has awarded in excess of 86,000 scholarships, worth more than $247 million, to Latinos attending nearly 2,000 colleges and universities in all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands. For a scholarship application or more information about HSF, please visit: WWW.HSF.NET.

About Procter & Gamble

Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R), Folgers(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Actonel(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), and Braun(R). The P&G community consists of 138,000 employees working in over 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

(1) Source: Educational Attainment in the United States: 2007.

SOURCE Procter and Gamble

Hispanic Scholarship Fund and Procter & Gamble Team Up to Support Hispanics Pursuing Careers in Sciences, Technology, Engineering and Mathematics