US-based gaming operator Penn Entertainment announced it is creating a military scholarship at a commonwealth campus of Penn State University, Penn States Berks.
The scholarship will be endowed through a multi-year $50,000 spend, which the company frames as supporting the Berks County community, which is where Penn’s corporate headquarters are located. The business said that the initiative was part of Penn’s ongoing commitment to support veterans and active-duty military.
The scholarship will be available to veterans, activity duty reservists or National Guard members with a “demonstrated financial need.” At present, close to 50 student veterans are enrolled at the campus.
“We are thrilled to partner with Penn State Berks on the creation of this scholarship, which further strengthens our support for the military and our local community,” said Penn senior vice president of public affairs Eric Schippers. “Penn is passionate about honoring and empowering our nation’s heroes and this scholarship adds to our overall military recruitment and recognition efforts.”
“Opportunities like the Penn Entertainment military scholarship are important, not only to financially support our student veterans so they can focus on their academic successes, but also to let them know that they are important members of the Penn State Berks campus community,” added interim chancellor at Penn State Berks Todd Migliaccio.
The scholarship will be awarded for one academic year, which an option for renewal if the individual continues to meet the edibility criteria and sufficient funds are available.