HII Scholarship Fund Announces 2021-2022 Awards
Published September 21, 2021
The HII Scholarship Fund, now in its sixth year, has awarded 58 new scholarships for dependent children of Newport News Shipbuilding employees for the 2021-2022 school year. Additionally, the fund renewed 41 previously active scholarships. To date, the fund has awarded more than $1 million in scholarships to children of NNS employees.
The HII Scholarship Fund was formed to provide financial assistance to qualified and selected dependent children of HII employees who are pursuing a post-secondary college or technical/vocation degree and to dependent children who are enrolled in quality pre-kindergarten school readiness programs. For the sixth consecutive year, HII President and CEO Mike Petters declined all but $1 of his annual salary to fund the program.
“Each class of recipients over the past six years has had its own unique characteristics, and one of the most inspiring things to see this year has been the determination of young scholars across our country in continuing their education against all the hurdles and obstacles brought on by the pandemic,” Petters said. “I’m proud of the accomplishments all the HII scholarship recipients have made, and I look forward to seeing how each of them will shape their futures and those of their communities.”
Individual award amounts range from $1,500 for selected students enrolled in a two-year college program to $3,000 for selected students enrolled in a four-year program; the post-secondary awards are renewable for recipients who remain in good academic standing. The fund also awards scholarships of up to $3,000 for pre-school education costs.
Children of all HII employees are eligible to apply for the scholarship fund, with the exception of children of senior executives and those employees who have been with the company for less than two years. Guidelines and applications for the 2022 program will be available in early next year.
The HII Scholarship Fund is administered through Scholarship America. The selection process for awards is independent of HII and based on both academic scholarship and financial need. No employee or officer of HII plays a part in the selection process.