The trustees of the Higher Education Assistance Foundation (HEAF) have awarded a $1000 scholarship to Northern Maine Community College business administration major. Lynn Kelly of Fort Kent received the award during an event on the NMCC campus hosted by the Maine Bankers Association and Katahdin Trust Company.
During the event, when banking officials meet with area legislators, Lynn Kelly an accounting student was recognized as a scholarship winner. Annually, a student is chosen from each of five of the seven Maine community colleges (determined on a rotating basis) to receive the scholarship along with students from the University of Maine system, Husson University, St. Joseph’s College and the University of New England.
The Legislative Coffee took place on the NMCC campus on Friday, December 16.
The Foundation was established in the 1950’s as a guarantee fund for student loans. The founders included a wide range of banks, businesses, community organizations and individuals. In 1990, the HEAF trustees initiated a scholarship program funded by the return on the original loan guarantee funds. The fund is now managed by the Maine Bankers Association in Portland.