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Abbot Downing Awards Inaugural Scholarship Recipient

Posted on: September 6th, 2013 by insidemctc No Comments

Thomas Stenslie, recent graduate of Minneapolis Community and Technical College (MCTC), is the inaugural recipient of the Abbot Downing Scholarship. Stenslie was awarded an annual renewable scholarship for $2,500 to complete his bachelor’s degree at Metropolitan State University.

Abbot Downing, a Wells Fargo business, will provide up to two scholarships annually for students interested in pursuing a bachelor’s degree in business at Metropolitan State University after completing two years at either Saint Paul College or Minneapolis Community and Technical College.

Stenslie will begin coursework at Metropolitan State University in Saint Paul, Minn. this fall, majoring in business administration, with an anticipated graduation date of 2015. While attending MCTC, he was a member of the dean’s list. A native of Wahpeton, N.D., Stenslie lives in Minneapolis, where he works as an auditor at RIS Inventory Services.

“Part of Abbot Downing’s mission is to attract and develop talented teams of people who demonstrate integrity, wisdom, and passion for great work,” said Jim Steiner, president of Abbot Downing. “Through the Abbot Downing Scholarship program we are able to connect with students who display these characteristics and invest in their future. We’re excited about our partnership with Metropolitan State, which has a strong business program and offers students affordability and flexibility to pursue higher education.”

President of Metropolitan State University Sue Hammersmith said, “I congratulate our partners at Abbot Downing for the vision reflected in their creation of the Abbot Downing Scholarship. This kind of private-sector engagement and support for students while they are preparing for their careers is an important and growing trend in public higher education. Abbot Downing’s example of outreach to promising students is the kind of innovation that enables Metropolitan State to continue to be ‘Where Life and Learning Meet.’”

The program is administered by Scholarship Management Services, a division of Scholarship America.  Applications for fall 2014 may be submitted starting in early 2014 at http://sms.scholarshipamerica.org/abbotdowning/.

Abbot Downing, with $34 billion in client assets and a 40-year history serving ultra-high-net-worth clients, is part of Wells Fargo’s Wealth, Brokerage and Retirement group, a leading U.S. wealth manager, with $1.4 trillion in client assets.

Abbot Downing services clients in all 50 states through offices in San Francisco, Palo Alto, Los Angeles, Scottsdale, Denver, Houston, Minneapolis, Chicago, Philadelphia, Washington, D.C., Charlotte, Winston-Salem, Raleigh, Naples, Jacksonville, and Palm Beach. Wells Fargo launched the Abbot Downing brand on April 2, 2012, combining two Wells Fargo businesses: the original Abbot Downing built the iconic stagecoaches that have come to represent Wells Fargo.

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all their customers’ financial needs and help them succeed financially.

Student Receives MSCSA Leadership Scholarship

Posted on: July 16th, 2012 by insidemctc No Comments

ImageMinneapolis Community and Technical College student Carlos Rodrigo Vazquez received the Fall 2012 Minnesota State College Student Association (MSCSA) Leadership Scholarship. Seven students attending Minnesota State Colleges and Universities throughout the state were awarded the merit-based scholarship as recognition of their exemplary community and campus leadership in addition to maintaining a superb GPA throughout their academic career. Each recipient will receive $650 toward his or her tuition for the fall 2012 semester.

“The MSCSA scholarship means a lot to me because it is helping me get closer to my educational goal,” Vazquez said. “I am very thankful to the donors who make this scholarship available/possible, and I know that eventually I will be one of them. I would love to give and support my community because my community gave and supported me when I needed it.”

The six additional student recipients are: Gordon Craft-Inver Hills Community College, Gabriel Hall- Southeast Technical College-Winona, Brian Liebeg- Inver Hills Community College, Jamie Medas- Anoka Ramsey Community College-Coon Rapids, Shahalo Seidmedova-Saint Cloud State University and Danielle Swanson-Southeast Technical College-Red Wing.

More information about the MSCSA Leadership Scholarship, including application materials and deadlines is available at www.mscsa.org/scholarship.

The Minnesota State College Student Association (MSCSA) represents students attending the state’s two-year technical, community and comprehensive colleges on 47 campuses advocating for more than 100,000 students across the state.

Career Ready Scholarship Contest

Posted on: August 22nd, 2011 by insidemctc No Comments

Thanks to the generosity of an anonymous donor, the MCTC Foundation is offering the Career Ready Scholarship Contest for a second year. Win a scholarship while learning valuable and marketable professional skills!

1st Place: A $750 scholarship (there will be two winners)
Finalists: A $25 Target gift card (those who have been invited to interview)

Applications are due on Sept. 20. Read more…

Xcel Energy Foundation Gives $30,000 to MCTC Foundation for Scholarships

Posted on: June 30th, 2011 by insidemctc No Comments
Xcel Energy Foundation

Nasreen Mohamed, Ayan Aware (Power of YOU student), Jeff Custer of Xcel Energy, Dan Brasch, MCTC President Phil Davis, Paul Adelmann of Xcel Energy

The Xcel Energy Foundation recently donated $30,000 to the Minneapolis Community and Technical College Foundation for Power of YOU scholarships. The Power of YOU program provides two years of free college to low‐income high school graduates of Minneapolis and St. Paul public and charter schools.

The Xcel Energy Foundation is a founding funder of the Power of YOU, a program that has tripled the enrollment of recent urban high school graduates enrolling at MCTC and its partner institutions. Overall, the program has had a significant impact on increasing student success and graduation rates, compared to data from similar student groups prior to the Power of YOU program.

Xcel Energy supports programs that enhance and improve student achievement in science, technology, engineering, economics and math. In their current round of grants, 48 programs received $570,500 in funding to support programs for students from kindergarten through college.

“The Xcel Energy Foundation has been a tremendous partner for the Power of You and we are very appreciative of their generosity,” said Reede Webster, executive director of the MCTC Foundation. “In five years, nearly 2000 students have been provided an opportunity to attend college through the Power of YOU program.”