BRYN MAWR, Pa., June 16, 2016 /PRNewswire-USNewswire/ -- The American College of Financial Services and The Honor Foundation are committed to helping veterans transition from the military to civilian life. To reinforce that promise, the two institutions are joining forces to offer full scholarships to elite military veterans in appreciation of their service and sacrifice.
Scholarships will be awarded to members of the Navy SEAL and Special Operations Forces community to pursue a Master of Science in Management (MSM) from The American College.
"We are assisting some of the best that the military has to offer, to help them attain their educational goals," said Ted Digges, Executive Director of The American College Penn Mutual Center for Veterans Affairs. "To receive one of these scholarships, these incredible individuals will have been vetted three times. Once within the military to become one of the elite, again to be a part of The Honor Foundation's prestigious transition program, and then finally, within that group, to be selected for this scholarship. So we're really talking about an exceptional individual."
The Honor Foundation (THF) is a unique Transition Readiness Institute created exclusively for Navy SEALs and the U.S. Special Operations community, which recently opened a new campus in Virginia Beach, Va. Jeff Pottinger, who runs the Virginia Beach campus, says, "We believe the elite service men and women we serve deserve the finest support and facilities possible. We strive for excellence in everything we do, which is why we are proud to announce our partnership with The American College. This partnership serves as a conduit for our Fellows interested in continuing their education after their transition from active duty. We look forward to awarding the first scholarship and the opportunity to expand scholarship potential in the future."
To start, one annual full scholarship will be offered. The longer-term goal is to provide multiple scholarships annually, perhaps as soon as next year.
"We are extremely proud to be able to offer this scholarship to a special, deserving veteran," Digges said. "But what we'd like to do is finance seven full scholarships, at a cost of about $225,000 per year, hopefully by 2017. To do that, we're looking for individual or organizational donors who want to be a part of this."
The collaboration between The American College and The Honor Foundation is a natural one. The mission of The American College Penn Mutual Center for Veterans Affairs is to provide educational support and career opportunities to military veterans and their spouses seeking graduate degrees and certifications in the financial services profession. Since it was founded in 2012, the Center has awarded more than 200 full scholarships.
About The American College of Financial Services
The American College of Financial Services is the nation's largest non-profit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has served as a valued business partner to banks, brokerage firms, insurance companies and others since 1927. The American College faculty represents some of the financial services profession's foremost thought leaders. For more information, visit TheAmericanCollege.edu.
About The American College Penn Mutual Center for Veterans Affairs
The American College Penn Mutual Center for Veterans Affairs provides educational support and career opportunities to eligible men, women, and their spouses who have served in the armed services of the United States. To learn more about the Center and scholarship opportunities, visit Veterans.TheAmericanCollege.edu.
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SOURCE The American College of Financial Services