MSCI Scholarships Reach New Heights
A total of $766,500 was awarded to help address the skills gap and cost of higher education.
Posted: January 28, 2016
As the skills gap widens and the cost of higher education inflates, the Metals Service Center Institute (MSCI; Rolling Meadows, IL) and its chapters again stepped up to promote learning through its scholarship program. Last year, 342 families were awarded scholarships worth a total of $766,500, making 2015 MSCI’s largest scholarship year yet.
M. Robert Weidner, III, the president and chief executive officer of the institute, is proud of the support the association and industry members provide in giving back. “Critical thinking is arguably one of the essential skills everyone needs in this globally challenging economy. Helping our member company families with the ever rising cost of education is at the heart of what has made our institution great for over a century. The scholarship program has united chapters and members to work toward a common goal to help families in our association. It’s exciting to see how this program has taken on a life of its own.”
The scholarship program began at the chapter level and is administered through 32 chapters throughout the U.S. and Canada. “It began in 2004 with just a couple of chapters participating and has grown over 11 years to include all of them,” stated Weidner. “In total, we have had the opportunity to provide over 2200 scholarships.” More than $4.6 million has been awarded to the children of member companies attending a trade program, a four-year degree program or a post graduate program.
While each chapter has a committee and its own requirements and standards for application, MSCI centralizes the submission and judging process online. Chapters raise funds specifically for the scholarship program each year, and the national organization provides matches to extend the reach of those helped.
Founded in 1909, the MSCI is a non-profit association serving the metals industry. It serves members in nearly 2,400 locations throughout the U.S., Canada, Mexico and the world.