Buick Offers $4.5M per Year to 1,100 Students

Buick and the General Motors Foundation will recognize and reward 1,100 college-bound students nationwide through the $4.5 million-a-year Buick Achievers Scholarship Program. Most importantly, the Buick Achievers scholarships are renewable for four years, which could bring the total individual scholarship to as much as $100,000.

The GM Foundation plans to start a new group of 100 students on renewable scholarships of up to $25,000 each year, while Buick Achievers will provide 1,000 students with $2,000 scholarships renewable for up to four years.

Majors covered include science, technology, engineering, mathematics, design, marketing and business administration.

Applicants must be high school seniors or high school graduates entering college for the first time in the fall of 2011, plan to enroll in full-time undergraduate study at an accredited four-year college or university for the entire 2011-12 academic year, and demonstrate an interest in the automotive industry.

"As a company, and as a nation, we have a responsibility to support opportunities for higher education," said Dan Akerson, GM Chairman and Chief Executive Officer. "The Buick Achievers scholarship will help foster the next generation of leaders destined to develop future innovative solutions to global issues."

According to the College Board, college tuitions rose at least 6 percent last year, making it increasingly difficult for students to pay for their education. The Buick Achievers Scholarship Program was developed to help address this need.

"The Buick Achievers Scholarship Program is one of the premiere scholarship programs in the country," said Donald E. Lassere, senior vice president, Scholarship America, the nation's largest nonprofit, private sector scholarship and educational support organization. "The high-dollar value and renewability of the awards will provide recipients with a tremendous benefit throughout their college careers."