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Associated Press
16-07-2025
- Business
- Associated Press
Fifth Third Foundation Recognizes Students With Education Scholarships
CINCINNATI, July 16, 2025 /3BL/ - The Fifth Third Foundation has made education programs a top priority since its founding in 1948. To honor students with high achievements, Fifth Third established its Scholarship Program. These one-time $2,500 scholarships are awarded annually to children of Fifth Third employees for educational purposes at college or university. This year's scholarships total $62,500. Nearly 500 students have been recognized since 2005. Chosen and administered by the National Merit Scholarship Corp., the Fifth Third Scholarship Program recognizes the academic achievements of the following students, listed with their employee parent or parents and their work location: ''Here at the Fifth Third Foundation, we recognize access to higher education is essential for the growth of the next generation,'' said Kala Gibson, chief corporate responsibility officer at Fifth Third Bank, ''We are committed to supporting our employees and their families by helping their children pursue both personal and professional development.'' The National Merit Scholarship Corp. is an independent nonprofit organization. The National Merit Scholarship Program was designed to identify and honor exceptionally able high school students, and to provide a system of services for corporations, foundations and other organizations that wish to sponsor college undergraduate scholarships to students who interest them. All aspects of the selection of winners and the administration of their awards are handled by the NMSC. *National Merit Scholarship finalist About the Fifth Third Foundation Established in 1948, the Fifth Third Foundation was one of the first charitable foundations created by a financial institution. The Fifth Third Foundation supports worthy causes in the areas of health and human services, education, community development and the arts in the states where Fifth Third Bank operates. About Fifth Third Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol 'FITB.' Investor information and press releases can be viewed at Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC. Amanda Nageleisen (Media Relations) [email protected] Matt Curoe (Investor Relations) [email protected] | 513-534-2345 Source: Fifth Third Foundation Visit 3BL Media to see more multimedia and stories from Fifth Third Bancorp
Chicago Tribune
03-06-2025
- General
- Chicago Tribune
U-46 plans to cover cost of high school juniors taking the ACT in fall
School District U-46 will pay for high school juniors to take the ACT test in the fall in an effort to familiarize students with the exam, meet dual-credit application requirements and potentially boost scores. The standardized tests will cost $121,862 according to a proposal endorsed Monday by the U-46 school board and to be formally approved June 16. 'This is a new initiative to stay in alignment with the Illinois State Assessment for 11th-graders,' said U-46 Assessment Director Matthew Raimondi, who spoke about the plan prior to the meeting. The state requires all 11th-grade students and any untested 12th-grade students take the ACT with Writing exam as part of the spring state assessment in order to graduate. That test features a 40-minute written essay session, according to the ACT website. 'For many years previously, the SAT was part of the graduation requirement in Illinois,' Raimondi said. 'Now, by offering the ACT to juniors in the fall, it provides students the opportunity to get familiar with the format before the mandatory ACT in the spring.' The district had considered offering the PreACT to juniors in the fall but opted against it because Elgin Community College and other community colleges do not accept its scores for admitting qualifying dual-credit students, he said. PreACT scores also aren't considered for scholarship opportunities, such as those offered by the National Merit Scholarship Corp. 'The actual ACT does count for dual credit, directly aligns to the state test, is college reportable and allows for students to submit a 'Super Score,'' Raimondi said. A Super Score lets students to submit their highest score from each test subject from different test dates when applying to college, he said. According to a memo provided as part of the Monday meeting agenda, 'a student who performs best in English and reading in the fall and in math and science in the spring may submit an ACT superscore combining their top section scores for college admissions.' After taking the ACT test in the fall, based on their performance, students will have access to targeted activities to build their subject skills in preparation for taking the mandatory ACT in the spring, the memorandum said. 'We are excited to offer this new opportunity for our students and help them prepare for the spring test,' Raimondi said prior to the meeting. The district has been providing the PSAT, which aligns with the state test, and offers dual-credit opportunities, both of which can lead to scholarship opportunities through the National Merit program, he said. 'We are planning to continue to offer the PSAT to 10th-graders and 11th-graders in the fall,' Raimondi said. With the state and the federal government requiring high school students to take so many tests, Superintendent Suzanne Johnson said staff would provide school board members with a calendar of when during the 2025-26 school year U-46 will be offering the various assessments.
