FLORENCE, S.C. – Pee Dee Electric Cooperative presented two checks totaling $74,000 to Francis Marion University for scholarships on April 20.
The donations bring Pee Dee Electric’s total FMU scholarship contributions to nearly $225,000 to date.
The first check, for $60,000, represents the company’s commitment to the Pee Dee Electric Cooperative Scholars Program for 2000-01. The money will provide 17 full-time students with full-fee scholarships. The scholarships are renewable for up to four years of undergraduate study, based on availability of funds and subject to successful academic progress of the student. A student must maintain a minimum 2.75 grade point average to retain the scholarship.
The second check, for $14,000, establishes the Pee Dee Electric Cooperative/Thomas B. Cunningham Scholarship at Francis Marion. The full-fee, four-year scholarship is in memory of Cunningham, who served as a Pee Dee Electric Cooperative Board of Trustees member for 32 years and died in November 1999. He represented District 3, Darlington, on the board, and served as its secretary/treasurer from 1973 until his death.
The recipient of this scholarship must have an SAT score of 1100 or higher and demonstrate financial need. The award will be made to an incoming freshman and is renewable for up to four years if the recipient continues to meet the eligibility requirements and maintains a minimum 3.0 grade point average.
“We are deeply appreciative of Pee Dee Electric’s gift,” said FMU President Luther F. “Fred” Carter. “You can spend money on a great number of things, but no expenditure is more worthy or enduring than money spent on scholarships.”
“We believe that getting a good education is one of the most important things young people can do for themselves as they enter adulthood and begin to make their way in the world,” said Robert Williams, Pee Dee Electric CEO. “Their futures and the futures of our communities depend on the educational support the students receive now.”
These scholarships are awarded to dependent children of Pee Dee Electric Cooperative members or dependent children of full-time employees within Chesterfield, Darlington, Dillon, Florence, Marion and Lee counties where the cooperative provides service.
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