Nelnet Makes Donation to Imagine America Foundation's Promise Scholarship Program

Dallas, Texas – June 7, 2011 – Today at APSCU, the Nelnet Foundation presented the Imagine America Foundation (IAF) with a $25,000 donation to provide scholarships to students who are pursuing degrees at career colleges nationwide. The donation will help fund the Promise Scholarship Program, which provides grants to students who show a strong dedication to their program of study through good grades and consistent attendance.

“We are honored and excited to have the opportunity to donate to Imagine America and to continue in our mission of making educational dreams possible,” said Jeff Noordhoek, President of Nelnet. “IAF’s work to create educational and career opportunities for students should be applauded.”

Each year, the IAF awards dedicated students with scholarships to help fund their education. Since its creation in 2002, IAF’s Promise program has provided nearly $650,000 in scholarships and supported more than 800 students. The Promise scholarships are funded entirely by sponsors like the Nelnet Foundation.

"Recently the Imagine America Foundation surpassed the $1 million mark in total scholarship amounts for Promise and LDRSHIP," said Robert L. Martin, President of IAF. "Thanks to the Nelnet Foundation, we have been able to achieve this monumental mark for our organization and are able to recognize these outstanding students.”

 The IAF is a not-for-profit organization. In addition to its work to provide scholarship support for students of various backgrounds attending career colleges, the IAF also publishes vital research for higher education.

About the Imagine America Foundation
The Imagine America Foundation (IAF), established in 1982, is a not-for-profit organization dedicated to providing scholarships for education, research and training support for the career college sector. Since its inception, the Foundation has provided over $40 million in scholarship and award support for graduating high school seniors, adult learners and U.S. military personnel attending career colleges nationwide through its award-winning Imagine America® programs. The Foundation also publishes vital research publications for the higher education sector, honors achievement in career education and offers faculty development training. For more information about the Imagine America Foundation’s programs, please visit www.imagine-america.org.

About Nelnet Foundation
The vision of the Nelnet Foundation is to support educational dreams through charitable contributions and scholarships. It provides financial assistance to expand educational possibilities for youth and adults and support for community-focused programs and organizations.