Progress Energy awards $15,000 scholarship to CFCC students in technical and vocational programs

Progress Energy Eastern Region vice president Bob McCall recently presented a check for $15,000 to Cape Fear Community College President Dr. Eric McKeithan for scholarships in Technical and Vocational Programs. McCall spoke to a group of enthusiastic students at CFCC’s North Campus about their futures and opportunities at Progress Energy. “This grant represents an investment in this region and in the energy future of our state,” he said.

Thirty partial scholarships in the amount of $500 each will be awarded based on financial need to students in four of CFCC’s Technical and Vocational program: Electronics Engineering Technology, Electrical/Electronic Technology, Industrial Systems Technology and Computer Engineering Technology

“Many prospective students find that they are financially unable to enroll without available scholarships, and a substantial number of students who enroll in our technical and vocational programs find that they need financial assistance to continue. This grant will increase the number of scholarships and cover expenses such as tuition, fees, and books,” said Dr. McKeithan.

“We continue to be a strong supporter of community colleges in our service area because they model their programs around the technical skills we need in our industry,” said Bob McCall.

CFCC helps boost the economy of New Hanover and Pender counties by generating an addition $435 million in business sales and $192 million in labor income. 98.7 percent of CFCC graduates reported that they were employed full time one year after graduation. Employer satisfaction with customized training of CFCC graduates is ninety-three percent. By awarding this grant, Progress Energy is also helping to boost the local economy.

Progress Energy invests in a wide variety of local organizations and initiatives to add to the overall quality of life in the area it serves. Grants focus on education, the environment, workforce development, and employee involvement. During 2010, Progress Energy invested $9 million in the communities it serves.

Progress Energy, headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. Visit the company’s website at www.progress-energy.com

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