Wachovia Foundation Establishes Scholarships for CFCC Business Programs


WILMINGTON – The Wachovia Foundation donated $2,000 in scholarship funds to Cape Fear Community College for the 2008-2009 academic year. The donation will provide four merit-based scholarships in the amount of $500 to students from low- to moderate-income households enrolled in one of CFCC’s business programs.  With these scholarships, the Wachovia Foundation aims to help CFCC attract bright students who may not, otherwise, enroll or remain in college because of financial struggles. The four scholarships will also help close the widening gap between the number of students in need of scholarship and the number of scholarships available to students enrolled in CFCC’s Business Programs.


Currently, there are 582 students enrolled in Cape Fear Community College’s business programs. With an ever-increasing need for highly skilled professionals in this area, this program is in strong demand. 


CFCC helps boost the economy of New Hanover and Pender counties by generating an additional $435 million in business sales and $192 million in labor income. Ninety-nine percent of CFCC graduates reported that they were employed full time one year after graduation. Employer satisfaction with customized training of CFCC graduates is 100 percent. By donating this generous gift, the Wachovia Foundation is not only aiding four business students, but also boosting the local economy.


To learn more about helping the Cape Fear Community College Foundation, call 910-362-7331 or visit http://cfcc.edu/foundation/.