Wegmans Food Markets has announced that the Wegmans Employee Scholarship Program will award college tuition assistance to 1,880 new recipients for the upcoming 2013/2014 academic year. This is the largest number of scholarships ever awarded by the program in a single year. In total, Wegmans expects to pay out $4.8 million in tuition assistance to current and new scholarship recipients during the upcoming school year.
"We’re proud to see the continuing growth of this long-standing program," says Wegmans’ President Colleen Wegman. "Helping our people toward educational goals makes a lasting difference that extends even beyond the communities we serve."
Since the program began in 1984, more than 28,400 Wegmans employees have been awarded scholarships totaling $90 million.
Part-time employee scholarship recipients are eligible to receive up to $1,500 a year for four years (a maximum of $6,000), and full-time employees can receive up to $2,200 a year for four years (up to $8,800 total). No limit is placed on the number of scholarships awarded each year and no restrictions are made on a student’s course of study. Recipients may choose any area of study from an accredited college and enter any field they desire upon graduation. Many scholarship winners, however, have stayed with Wegmans after college, continuing career growth within the company.
To receive a scholarship, Wegmans employees must meet work-performance criteria. Eligibility is also based on a minimum number of work hours over a specified time period. Scholarship applications are evaluated by a team from Wegmans.