MGM Resorts Focuses on the Future with Reinstated Scholarship Program for Children of Employees
MGM Resorts International has re-established its MGM Resorts Scholarship Program for Children of Employees with an initial gift of $1 million.
Offering scholarships up to $2,500 to selected children of MGM Resorts’ full-time domestic employees (excluding executives) through a highly competitive application process, this philanthropic program is intended to help high school graduates increase their access to post-secondary opportunities, including universities, community colleges and recognized certification programs.
Although the scholarships will be funded by MGM Resorts, the program will be entirely managed and administered by The Public Education Foundation (PEF), a Las Vegas-based nonprofit.
Applications are being accepted now through April, with the first scholarship to be awarded in May. Applicants will be selected based on criteria including primary financial need and high school academic performance, according to MGM officials.
“Our MGM Resorts Scholarship Program for Children of Employees represents another expression of our commitment to the success of our employees and their families,” said Jim Murren, company chairman and CEO. “When we assist the college education or vocational training of our employees’ children, as provided by this program, we invest in the development of the workforces of our communities, their stability and growth.”
MGM Resorts’ support of education, job readiness and workforce development in the communities in which they operate is a hallmark of the company’s corporate social responsibility philosophy, he added.
According to MGM Resorts officials, whether the applicants’ education path leads to a four- or two-year degree program, or a vocational program certification meeting PEF standards, this scholarship will be available to selected applicants for a maximum of four years, as long as they remain enrolled and in good academic standing.
While simply applying to this program will not guarantee funding for eligible children of MGM employees, all applicants will be able to obtain information about other scholarship opportunities through PEF, which oversees hundreds of scholarship funds and will serve as a resource for these students.