Ronald Reagan Presidential Foundation and GE Open Applications for Annual College Scholarship Program

SIMI VALLEY, CA--(Marketwired - Oct 20, 2014) - The Ronald Reagan Presidential Foundation and GE (NYSE: GE) announced today the launch of the 2015 GE-Reagan Foundation Scholarship Program. The annual program selects up to 20 recipients to receive a $10,000 scholarship renewable for an additional three years -- up to $40,000 total per recipient. 

"Ronald Reagan believed in educating and inspiring the future leaders of tomorrow," said John Heubusch, executive director, The Ronald Reagan Presidential Foundation. "The GE-Reagan Foundation Scholarship Program, now in its fifth year, enables us to continue this tradition and keep his spirit alive among the youth of today."

Qualified applicants will be evaluated on leadership, drive, integrity, and citizenship:

• Leadership -- Scholars pursue leadership roles that have a positive impact in communities and showcase the value of lifelong learning.
• Drive -- Firm believers "that our best days are ahead," scholars have the conviction, ambition, discipline and courage to make their dreams reality.
• Integrity -- Rooted in values and ethics, scholars possess the unique combination of integrity, dependability and humility that defined President Reagan's leadership.
• Citizenship -- Scholars are driven by a sense of civic commitment and actively engage in their communities to affect positive change.

The GE Reagan Foundation Scholarship Program launched in 2011 to provide up to 200 four-year college scholarships over the next decade to deserving students who embody the vision and values personified by President Reagan. Scholarships will be applied to student tuition, room, and board while the recipient is pursuing a bachelor's degree at an accredited U.S. college or university. 

GE Chairman and CEO Jeff Immelt said, "We are proud to have Ronald Reagan as a part of GE's leadership tradition. His optimism is a great example for the GE-Reagan Foundation Scholars. Four years into the program we have awarded scholarships to 77 students who demonstrate inspiring leadership and strong academic achievement."

With a total $15 million grant, GE was the presenting sponsor of the Ronald Reagan Centennial Celebration in 2011, a celebration for the President's 100th birthday. As part of this partnership, $5 million was committed to establish this 10-year national college scholarship program. The Ronald Reagan Presidential Foundation is contributing an additional $3 million to the program.