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

SIMI VALLEY, CA--(Marketwired - October 26, 2015) - The Ronald Reagan Presidential Foundation and GE announced the launch of the 2016 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.

"In our fifth year of the GE-Reagan Foundation Scholarships, students from the first year's program have now graduated and are going on to do great things," said John Heubusch, executive director of the Ronald Reagan Presidential Foundation. "It is our honor and privilege to support these inspiring young leaders as they begin their journey towards success."

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. Nearly 100 student leaders who are attending or have attended 66 different colleges in the United States have received this award.

"At GE we are committed to developing leaders who are optimistic and curious. We are proud to have awarded scholarships to nearly 100 students since the program began four years ago. Strong leaders, like Ronald Reagan and the GE-Reagan Foundation Scholars, will build a better future," said Jeff Immelt, Chairman and CEO.

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.