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NH Auto Dealers Expand Scholarship Program with $100,000 Investment

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New Hampshire Auto Dealers Invest in Future Generations with Expanded Scholarship Program

The New Hampshire Automobile Dealers’ Association (NHADA) is significantly expanding its scholarship program to support students pursuing higher education across the state. This initiative, announced recently, represents a substantial investment in the future workforce and demonstrates the auto dealer community's commitment to giving back to the communities they serve. The expanded program aims to provide financial assistance to a wider range of students interested in various fields, not just those directly related to automotive careers.

For years, the NHADA has offered scholarships, but the recent announcement marks a significant increase in both the number of awards and the total funding available. This year, the association is awarding $100,000 in scholarships – a considerable jump from previous years. The program now offers 25 scholarships valued at $4,000 each, compared to just five previously. This expansion reflects the growing recognition of the importance of education and the desire within the auto dealer community to support students facing financial barriers.

Beyond Automotive: Supporting Diverse Fields of Study

A key element of this expanded scholarship program is its broadened scope. While scholarships are still available for students pursuing careers directly related to the automotive industry – such as automotive technology, business management with a focus on dealerships, or marketing geared towards vehicle sales – they are now open to any field of study. This shift acknowledges that the auto dealer community needs skilled professionals in various roles, from finance and accounting to human resources and information technology. The NHADA recognizes that a thriving dealership network requires a diverse talent pool, and this scholarship program is designed to cultivate it.

"We're not just looking for future mechanics," explained Matt Marcou, President of the NHADA, in an interview with WMUR. "We need bright, motivated students who want to contribute to our state’s economy, regardless of their chosen career path." This sentiment underscores a strategic shift – the NHADA is investing in the overall well-being and future workforce of New Hampshire, understanding that a strong local economy benefits everyone, including auto dealerships.

Eligibility & Application Process

To be eligible for an NHADA scholarship, applicants must meet several criteria. They must be residents of New Hampshire, demonstrate financial need, have a minimum GPA of 3.0, and be accepted to or enrolled in an accredited college or university. Applicants are also required to submit an essay detailing their goals and aspirations, as well as outlining how they plan to contribute to the community.

The application process is managed through Scholarship America (https://www.scholarshipamerica.org/), a reputable non-profit organization specializing in scholarship administration. This partnership ensures fairness, transparency, and efficient processing of applications. Students can find detailed information about eligibility requirements and access the online application form on the Scholarship America website: [ https://www.scholarshipamerica.org/nhada ]. The deadline for applications is April 15, 2024.

The Importance of Supporting Education in New Hampshire

The NHADA’s commitment to scholarships aligns with broader efforts to address the challenges facing higher education and workforce development in New Hampshire. As tuition costs continue to rise, many students face significant financial hurdles that can prevent them from pursuing their educational goals. This scholarship program provides a much-needed boost for these students, helping them overcome those barriers and invest in their future.

The auto dealer community's involvement is particularly noteworthy given the vital role dealerships play in the New Hampshire economy. According to the NHADA website (https://www.nhada.com/), the industry contributes significantly to state tax revenue, provides thousands of jobs, and supports numerous local charities and organizations. By investing in education, the NHADA is not only supporting individual students but also strengthening the long-term health and vitality of the New Hampshire economy.

Looking Ahead: Building a Stronger Future for New Hampshire

The expansion of the NHADA scholarship program represents a significant step forward in supporting higher education and workforce development in New Hampshire. By broadening eligibility criteria and increasing funding, the association is opening doors for more students to pursue their dreams and contribute to the state’s future. This initiative demonstrates a commitment not only to the automotive industry but also to the broader community, fostering a culture of giving back and investing in the next generation of leaders. The NHADA hopes that this program will inspire other businesses and organizations across New Hampshire to prioritize education and support students striving for success.

To find out more about the New Hampshire Automobile Dealers’ Association and their initiatives, visit their website: [ https://www.nhada.com/ ]


Read the Full WMUR Article at:
[ https://www.wmur.com/article/nh-automobile-dealers-associations-scholarships/69702542 ]