Lowe's Grants American Indian College Fund $50,000

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Mar 28, 2012, 01:20 ET

DENVER, March 28, 2012 /PRNewswire-USNewswire/ -- The American Indian College Fund and the Lowe's Charitable and Educational Foundation today announced a grant of $50,000 for a new scholarship program to support American Indian students. The grant will fund scholarships for qualified Native students in their final year of college who have financial need to complete their degree.

"Lowe's is contributing to a cause that is important to our customers and employees by helping American Indian students achieve their educational goals," said Marshall Croom, chairman of the Lowe's Charitable and Educational Foundation. "We know these funds will make an important difference in student's lives as they graduate from college and start a career."

"We are grateful for this new partnership with Lowe's," said Richard B. Williams, president and chief executive officer of the American Indian College Fund. "Lowe's contribution is a lifeline to Native students whose college education is threatened by financial hardship. This grant will help students reach their educational goals so that they may have a better future."

About the American Indian College Fund

With its credo "Educating the Mind and Spirit," the American Indian College Fund is the nation's largest private provider of scholarships for American Indian students, providing an average of 6,000 scholarships annually for students seeking to better their lives and communities through education, and support to the nation's 33 accredited tribal colleges and universities. For more information about the American Indian College Fund, please visit www.collegefund.org

About Lowe's

Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. The company's signature education grant program, Lowe's Toolbox for Education®, has donated nearly $5 million in grants to K-12 public schools every year since its inception in 2006. Lowe's Heroes employee volunteers support local community projects and our national nonprofit partners such as Habitat for Humanity and the American Red Cross. In 2011, Lowe's and the Lowe's Charitable and Educational Foundation together contributed more than $32 million to support communities in the United States, Canada and Mexico. To learn more, visit Lowes.com/SocialResponsibility.

SOURCE American Indian College Fund