Corning Incorporated Foundation will create a merit-based endowed scholarship in the amount of $10,000 that will be awarded once a year to a deserving CapeÂ Fear Community College (CFCC) student, with a grade point average of 3.0 or above, enrolled in the Electrical Engineering Technology, Computer Engineering Technology, Machining Technology, Industrial Systems Technology, or Mechanical Engineering programs.
The scholarship will be established over a two-year period with an initial grant of $5,000 in 2010 and a grant of $5,000 in 2011.Â Funds generated from this endowment will help cover the costs of tuition, fees, and books.Â The first scholarship will be awarded in the fall, 2012.
Over the years, the Corning Incorporated Foundation has contributed more than $108 million through its programs of giving. Resources are directed almost exclusively toward initiatives, which improve the quality of life in and near communities where Corning Incorporated is an active corporate citizen. Â For 2010 the Foundation anticipates making 136 grants, totaling about $4.6 million.
CFCC is proud to partner with Corning Incorporated Foundation.Â The CFCC Foundation supports the people, programs, and mission of the college by securing and managing gifts that include cash contributions used for endowments and scholarships and other contributions aimed at helping the college meet its goals.