Synchrony Foundation Commits One Million Dollars to St. John’s Scholarships

St. John’s University, in partnership with the Synchrony Foundation, is proud to announce the creation of the Synchrony Scholarship Fund at St. John’s. The fund supports St. John’s students from historically underrepresented populations in higher education who demonstrate high academic achievement and financial need. Synchrony has committed one million dollars over four years toward this scholarship program.

“We are committed to increasing access and opportunity for underserved students in higher education, ensuring the next generation is equipped with the skills needed to tackle tomorrow’s challenges,” said Margaret M. Keane, Synchrony’s Chief Executive Officer. “Our partnership with St. John’s helps put underrepresented youth on a path to a bright future.”

To better provide access and opportunity to deserving students, the Synchrony Scholarship Fund supports students from underrepresented communities and Pell Grant recipients. The Fund provides individual, partial, annual scholarships of up to $2,500 to undergraduates with a grade point average of 3.5 or more who need assistance paying their remaining tuition and fees after all other University awards and financial assistance have been applied.

“St. John’s University is honored to be a recipient of the Synchrony Foundation’s extraordinary support,” said Rev. Brian J. Shanley, O.P., President. “Many of our undergraduate students are the first in their family to attend college and come from racially and ethnically diverse backgrounds. St. John’s is delighted to partner with the Synchrony Foundation in providing scholarship assistance for students from historically underrepresented populations in higher education, in concert with our Catholic and Vincentian mission to embrace the ideals of respect for every person’s dignity and search out the causes of social inequity.”

The Synchrony Foundation believes that education should be accessible to all, and that a four-year college degree has the real potential to change the trajectory of someone’s life, especially that of low- or moderate-income, minority, first-generation students.

For more information, visit www.synchrony.com and Twitter: @Synchrony.