Cumberland Insurance Award 2008 - 2009 College Scholarships
December 1, 2008
BRIDGETON, NJ: Paying for college just got easier for five deserving and talented students attending Cumberland County College in New Jersey and Delaware County Community College in Pennsylvania, through college scholarships awarded as part of The Cumberland Insurance Group continuing education program. Each student will receive between $750 and $2,500 toward college expenses in recognition of excellence demonstrated by their leadership, community service, and academic achievement. Scholarship award winners were selected by a committee of educators at each individual college.
"Education is the key to the high-skill, high-paying jobs of tomorrow," said Cumberland Insurance Group President Robert P. Brady. "The Scholarship Program was created to further the education of students who demonstrate the potential to become the next generation of business leaders. By awarding these scholarships, we are investing in a brighter tomorrow for our children, our communities, and our company."
The first $2,500 scholarship was awarded to David Gifford who is attending Cumberland County College this fall in pursuit of a career in Paralegal Studies. David is a graduate of Millville High School. “We were pleased to recommend David from a number of exceptional students,” said Sue Perry of Cumberland County College. “We congratulate him and wish him much success as he continues his education and career development.”
The next four scholarships were awarded to students attending Delaware County Community College. The 2008-2009 academic year recipients included one scholarship winner from 2007-2008, and three freshman students. Kimberly Brown and Lisa Paterson each received $750 to pursue their degrees in Business Administration. Ms. Paterson has previously received a $1,500 award. Kimberly Jemison received $2,000 and Lisa Stillman received $1,500 to continue studies in the field of Business Management.
"On behalf of all of our Cumberland Insurance employees, I congratulate the recipients of this year's company scholarships," said Paul J. Ritter, III, Cumberland Insurance Group Senior Vice President, Secretary to the Board, and CFO. "These young men and women have worked very hard to achieve the academic records that enabled them to qualify for and receive these awards. We are very proud to support their continued studies and to be able to help them pursue their academic goals. We are also pleased to partner with two outstanding colleges which enhance the quality of life for residents and businesses in the New Jersey and Pennsylvania communities they serve.”
"The Cumberland Insurance scholarship was critical in helping me meet my academic goals," said award winner Lisa Patterson. "The support allowed me to concentrate more on my course work and worry less about how I was going to pay for it.”
“I was honored to be selected for this scholarship,” Kimberly Brown said. “As a mature student with a number of financial obligations, I really appreciated the extra encouragement and support.”
“We are honored to award scholarships to such driven, hard working, and dedicated students,” said Cumberland Insurance Group Executive Vice President Richard M. Ritter. “Their academic records, along with their extracurricular activities, make them highly deserving individuals of these awards. If their educational achievements are any indication, I am confident that they will all have very lucrative and successful careers when they move into their chosen professions.”
The Cumberland Insurance Group was established in 1844 and currently serves over 134,000 policyholders in the states of New Jersey, Pennsylvania, Delaware, and Maryland. In 2007, the Company had Total Admitted Assets of $322,267,129 and a Policyholders’ Surplus of $140,387,741. For more information about The Cumberland Insurance Group, please visit www.cumberlandgroup.com.
For more information about this press release, please contact Lee Tofanelli at 856-691-3113.« Back to News