FLORENCE, S.C. – Marion School District 1 recently made a $20,000 contribution to a scholarship fund it established with the Francis Marion University Foundation in 1981.
To date, the district has contributed more than $200,000 to the Marion School District 1 Graduate Scholarship Program.
A designated part of these funds is invested in the Foundation funds to accumulate from year to year until the interest is sufficient to finance the scholarship portion. Another designated part of the annual funds is used to finance stipulated scholarships for Marion 1 as directed by the district.
$2,000 of the most recent contribution will go to the perpetual fund and the remainder to the award of grants to deserving members of the Marion 1 staff during the 2002-2003 school year.
“This scholarship program has been a wonderful partnership in support of our staff as they try to improve their skills and upgrade their credentials,” said Cheryl Allread, superintendent of Marion 1. “Staff training is one of our top priorities and we have many staff members who have earned their master’s degrees from FMU through this program. We look forward to continuing our partnership with FMU for years to come.”
#16 / 8-12-02