December 2, 2008
AT&T and the Asian and Pacific Islander American Scholarship Fund Provide Student Scholarships
For Immediate Release
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Scholarships will provide much needed support to students who are the first to attend college in their families, as well as students from economically disadvantaged backgrounds.
[Dallas, TX, December 2008] — AT&T Inc. (NYSE:T) and the Asian and Pacific Islander American Scholarship Fund (APIASF) announced today that AT&T has made a contribution of $25,000 to the APIASF, the nations largest nonprofit organization that provides scholarships to exceptional Asian and Pacific Islander Americans (APIAs) with financial need.
Supporting the APIASF's vision to provide students the opportunity to pursue higher education regardless of ethnicity, national origin or financial means, the contribution from AT&T will help make college a reality for deserving students. By promoting educational achievement, APIASF seeks to enrich the lives of APIA students, their families and the APIA community by contributing to a more educated U.S. workforce.
"While national scholarship organizations for Latinos and African Americans have existed for more than 30 and 60 years respectively, there was not a comparable organization for Asian Americans until this Scholarship Fund was founded in 2003," said Neil Horikoshi, President and Executive Director of the Asian and Pacific Islander American Scholarship Fund. "With support from the public, professional leaders and corporations such as AT&T, we've been able to award 850 scholarships to high achieving high school seniors to make college more affordable."
Contrary to popular belief, many Asian and Pacific Islander students struggle to attain a higher education. While more than 24% of all American adults hold a bachelors degree or higher, only 7.4% of Hmong, 9.1% of Cambodians, and 16.5% of Native Hawai’ians and Pacific Islanders have attained a bachelors degrees.
"AT&T is proud to support the APIA scholarship fund, which this year alone will provide assistance to 285 deserving high school seniors to attend college," said Anne Chow, Senior Vice President, AT&T Premier Client Group and a Founding Board Member of APIASF. "We need a labor force that is ready to work in a highly competitive and increasingly digital world. Ensuring students with the desire to continue their education can do so is critical to our future success in the global economy."
The APIASF mission is to make a difference in the lives of APIA students by providing them with resources that increase their access to higher education which serves as the foundation for their future success and contributions to a stronger America. APIASF carries out their mission by:
- Providing scholarships to APIA students;
- Forging partnerships among corporations, foundations, community organizations and individuals to provide adequate financial and other resources to carry out our mission;
- Providing guidance, mentorship and programs to facilitate students' academic success, leadership development and professional growth;
- Establishing strategic alliances within APIA and educational communities; and,
- Building a clearinghouse of higher education research on APIA high school and college students and continue to increase awareness of APIA education issues and challenges.
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About Philanthropy at AT&T
AT&T Inc. (NYSE:T) is committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives and partnerships, AT&T supports projects that create learning opportunities; promote academic and economic achievement; and address community needs. In 2007, AT&T contributed more than $164 million through corporate-, employee- and AT&T Foundation-giving programs. AT&T and the AT&T Foundation, the corporate philanthropy organization of AT&T, combine more than $1.9 billion of historic charitable commitment to communities across the country.
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.
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The Asian & Pacific Islander American Scholarship Fund (APIASF) is based in Washington, DC, and is the country's largest non-profit organization devoted solely to providing scholarships to Asian and Pacific Islander American students. APIASF manages two scholarships: APIASF's general scholarship program and the Gates Millennium Scholars/Asian Pacific Islander Americans (GMS/APIA). Funded by a grant from the Bill & Melinda Gates Foundation and administered by UNCF, the GMS/APIA program provides outstanding Pell Grant eligible APIA students with an opportunity to complete an undergraduate college education in any discipline they choose and a graduate degree in specific fields. Supporters of APIASF include members of the general public and a wide spectrum of community and professional leaders, organizations and corporations. Corporate supporters include, but are not limited to: AT&T, Abercrombie & Fitch, the Coca-Cola Foundation, IBM Corporation, Macy's Inc., McDonald's USA, Met-Life Foundation, Nationwide Financial Networks, the Sodexo Foundation, Southern California Edison, Target, USA Funds, the Wachovia Foundation, Wal-Mart Stores, Inc. and Wells Fargo.