November 9, 2015
Note: this is an archived news release. As such, the information provided may no longer apply.
The trustees of the Maine Higher Education Assistance Foundation (MeHEAF) are pleased to announce the awarding of a scholarship in the amount of $1,000 to Michelle Kelly of St. John Plantation. Kelly is a senior business management major at the University of Maine at Fort Kent, where she maintains a high grade-point average.
Chris W. Pinkham, president of the Maine Bankers Association, made the presentation to Kelly at a luncheon ceremony on Friday, November 6, at the UMFK's Nowland Hall faculty dining room with members of UMFK's Professional Management Division faculty, administrators, local bankers, and her family and close friends, in attendance.
Participating schools select scholarship recipients who are in their second, third, or fourth year of study and who are Maine high school graduates majoring in a business-related subject. The schools choose recipients based upon academic standing. The MeHEAF awards all scholarships for second semester expenses.
Michelle Kelly is a 2012 graduate of Community High School in Fort Kent. She works at Norstate Federal Credit Union in Fort Kent and at the Lakeview Restaurant in St. Agatha.
Organizers formed the Maine Higher Education Assistance Foundation in the 1950s as a guarantee fund for student loans. The founders included a wide range of banks, businesses, community organizations and individuals. In 1990, the MeHEAF trustees, to continue the original intent of the founding members, initiated a scholarship program funded by the return on the original loan guarantee funds. The Maine Bankers Association, now located in Portland, manages the fund.
MeHEAF had given to date 28 scholarships to UMFK students. UMFK also has a plaque with each students' name and year awarded, which the University displays in the Grindle Conference Room, located in Cyr Hall.