AT&T Foundation Awards $5 Million in College Scholarships

The Dallas-based has announced $5 million in college scholarships to six hundred and thirty children of AT&T employees.

The funding was awarded through the foundation's employee scholarship program, which is open to children of company employees who are pursuing undergraduate degrees at accredited two- or four-year colleges and universities. A one-time honorarium is also offered to students attending U.S. military academies. The program's competitive selection process considers factors such as academic achievement, leadership skills, work experience, awards and honors, and participation in school and community activities, with special consideration given to students who are the first generation in their family to attend college.

Since its inception in 1993, the program has awarded more than $60 million in scholarships.

"Investing in a well-educated workforce may be the single most important thing we can do to help America remain a leader in a digital, global economy," said AT&T Foundation president Laura Sanford. "The AT&T Foundation is committed to helping hard working students achieve future life success and is proud to support the families of our employees."

"." AT&T Foundation Press Release 08/20/2009.