Stripes Funds Scholarships at ASU

Angelo State University has received a $34,000 gift from Stripes Convenience Stores through the Stripes College Scholarship Fund to provide scholarships for deserving ASU students, beginning in the 2014-15 academic year.

Thirty-four ASU students will receive $1,000 scholarships through the new program, which will be jointly managed at ASU by the Office of Development and Alumni Relations and the Office of Scholarship Programs.

“Angelo State is fortunate to have Stripes join other local companies within San Angelo to support our mission of higher education,” said Jamie Akin, executive director of development and alumni relations.  “We are delighted at the initial level of generosity from Stripes and look forward to our students benefitting from their gift.”

In just its first year of existence, the Stripes College Scholarship Fund will award $1,000 scholarships to 545 students at colleges and universities in Texas, New Mexico and Oklahoma.  The $545,000 to fund the program was raised during a four-week campaign in December of 2013 that entailed Stripes customers purchasing $1 Stripes College Scholarship Fund paper cut-outs to support local students heading to college.  Stripes Convenience Stores is also underwriting the administrative costs of running the scholarship program.

“Young people are our future, and there’s no better investment we can make in the communities where we live and work than helping our youth go to college,” said Sam L. Susser, chairman, CEO and president of Susser Holdings Corporation, the parent company of Stripes LLC.   “As we look to the future, we believe that education is the key to unlocking the potential for success.  Today, historically disadvantaged students are not reaching the same level of educational attainment as the general population, and it is our hope that by partnering with our customers and our team members, Stripes can positively impact this critical issue.”

The in-store fundraising campaign for the new program was conducted Dec. 2-29 at all Stripes locations throughout the Stripes operating area.  The $545,000 raised during the campaign far exceeded the goal of $400,000. 

More details about the Stripes College Scholarship Fund can be found online at www.stripesfoundation.com.