Building on its longtime support of education in Hawaiʻi, American Savings Bank (ASB) has donated $65,000 to the American Savings Bank Endowed Scholarship Fund. The company established this scholarship at the University of Hawaiʻi in 1978. Over the last 40 years, this scholarship has been awarded 55 times.
“This contribution to our scholarship fund enables us to help even more students achieve their dreams of higher education in Hawaiʻi,” said ASB President and CEO Rich Wacker. “We are proud to increase our endowment with the University of Hawaiʻi, which ultimately supports a stronger workforce for our state.”
The ASB Endowed Scholarship supports full-time undergraduate students enrolled at any of the 10 UH campuses with a minimum GPA of 3.0 and in need of financial assistance. Preference is given to students from ASB’s “Bank for Education ʻOhana Schools.”
UH Foundation President and CEO Donna Vuchinich said, “We are tremendously grateful to ASB for all the impactful ways they support our university and our students statewide. From scholarships to program support, ASB is helping to ensure that our students receive a high quality, relevant education that prepares them for our dynamic workforce. Mahalo!”