Downturn Bumps Up Demand for Endowment Scholarships
The housing downturn has not deterred students from pursuing careers in residential construction, and applications for student scholarships have nearly doubled this year, according to the National Housing Endowment, which provides tuition assistance and other scholarship programs.
Each year, the endowment administers 12 scholarship programs and awards more than 150 scholarships totaling more than $350,000 to students in residential construction and related fields.
This year, the number of applications for the Centex Homes “Build Your Future” scholarships for the 2009-2010 academic year rose to 70, up from 32 the year before.
Applications for the NAHB Women’s Council's “Strategy for Success” scholarships experienced a similar increase, jumping from 24 applications for the 2008-2009 academic year to 52 applications this year.
“This dramatic increase in applications shows the interest, passion and dedication these students have for home building,” said Gary Garczynski, endowment chair and 2002 NAHB president. “Even during the current economic climate, students are still excited about providing the American dream to future generations.”
“Now more than ever students need support to continue their education to become the next leaders of this industry. I am very proud of the scholarship programs at the National Housing Endowment because they are encouraging the best and the brightest to choose home building as their career,” Garczynski added.
Through its various scholarship programs, the endowment for more than a decade has been supporting students interested in home building careers and it has awarded nearly 1,000 scholarships since the programs began.
For more information about the endowment’s 12 scholarship programs, visit www.nationalhousingendowment.com/scholarships.