South Shore Foundation Increases ASU Scholarship Endowment to $100,000
March 2003

The South Shore Foundation has added $25,000 to its scholarship endowment for math, science, and technology students at Arkansas State University Mountain Home, bringing its endowment to $100,000. The endowment was established last year with a $75,000 gift for scholarships to be awarded for the first time this spring. The deadline for applications is April 15, 2003, through the ASUMH Financial Aid Office.

To be eligible for the scholarships, students must reside in Marion, Baxter or Boone County and be enrolled in a math, science, or technology program or in education to teach math, science, or technology.

"The South Shore Foundation trustees took the action to provide at least two ASUMH scholarships from the endowment this year," according to Jodie Elizabeth Jeffery, a South Shore trustee.

Selection of the scholarship recipients is by the Arkansas State University Mountain Home Scholarship Committee. An application for the scholarship is available from the ASUMH Financial Aid Office. Financial need and academic ability will be considerations. If the scholarship recipients maintain a B average, their scholarships will be renewable for a maximum of four semesters or until they obtain an undergraduate degree. Students may expend funds on tuition, fees, books and related educational expenses.

Karen Wallace, vice chancellor for development at ASUMH, said earnings on the endowment should provide two scholarships the first year. She said the South Shore Foundation’s original $75,000 endowment will provide $1,210 for scholarships for the 2003-04 academic term.

To obtain additional information about the math, science, technology and education scholarships for ASUMH students, contact the ASUMH Financial Aid Office, school counselors at area high schools, or ask for a brochure from the South Shore Foundation by calling 1-800-775-6682.

The South Shore Foundation is the charitable foundation of Northern Arkansas Telephone Company, serving portions of Marion and Boone Counties. Trustees of the South Shore Foundation are leaders in business, government, and education in the area served by NATCO. NATCO is a family-owned and operated independent telephone company. A subsidiary, NATCO Technologies, is an Internet service provider for the Twin Lakes area, including Baxter County.