Press info: Foresters UK awards 150 scholarships to students

With UK ‘A’ Level Students finding out their results this week and the focus being firmly on education, thanks to Foresters UK 150 students will have a contribution to the financial costs of their further studies via the Foresters Scholarship Programme.

Foresters, the international financial services organisation, is committed to the support of the community, and has given students renewable scholarships awarding them for their outstanding educational achievements and the undertaking of volunteering projects in their community.

“The Scholarship Programme is a great success in the UK with applicants year on year establishing a phenomenal commitment to their academic studies and volunteering in their communities” said Stephen Dilworth, UK Membership Director of Foresters. “With the cost of further education spiralling in the UK, it’s great that Foresters can give students some financial strength in achieving their education goals.”

For over 20 years, Foresters UK has awarded more than 1000 scholarships to students who have shared their commitment to community service and who have proved a solid academic performance. In total, over £1.5 million has been awarded in financial support in the UK.

In addition, each year Foresters makes a ‘Student of the Year’ award which is based on a students work in the community, including any volunteering work and fund raising. Oliver Butterworth from Lincolnshire is the UK’s 2011 Student of the year and currently studying Bachelor of Music Degree at the Royal Academy of Music in London. Oliver was extremely active in his community sharing his gifts in music and engaging young people by going into schools on a weekly basis and teaching younger children how to play instruments including ‘percussion workshops’ and arranging local and national charity concerts.

Children/Grandchildren of Foresters Members, or youths who hold their own Foresters insurance policies, are eligible to apply for the Foresters Scholarship Programme. Members interested in applying for a scholarship for the 2013-2014 academic year can do so until the 31st January 2013.

For more information regarding the Foresters Scholarship programme visit www.foresters.co.uk

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Contact:

Steve Dilworth, UK Membership Director, telephone: 0208 628 3400 or email: steve.dilworth@foresters.co.uk

About Foresters:

At Foresters we believe in enriching the lives of our members, their families and the communities they live in. We’re member-based, family-focused, and community spirited.

Our products benefit both your family and your community. We champion the well-being of families through quality financial products, unique member benefits and inspiring community activities.

We share our financial strength with more than 945,000 members across the United Kingdom, Canada and the United States. Throughout our 135-year history, our purpose has been to enrich the lives of members, their families and communities. The priorities remain today and will guide our future.

As an example, our work with Cash for Kids in their 2011 Christmas Toy Appeal helped 215,000 children to have a better Christmas and 600,000 toys and gifts were delivered to needy children.  Our support for UK children’s hospices has helped these organisations to provide a range of services to nearly 10,000 families.

Forester Life has funds under management of £850m* and is part of Foresters, the international financial services organisation.
 

Internationally, Foresters has over £10bn* funds under management and has been assigned an 'A' excellent rating by A.M. Best.**

Safeguarding our members' interests is at the heart of what we do. Being financially strong and responsive, with sound governance and continuing professional service have always helped us to protect our members' benefits.
 

*As at 31 December 2011

**An ‘A’ excellent rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. In assigning Foresters rating A.M. Best stated that Foresters outlook rating is ‘stable’, which means it is unlikely to change in the near future, assuming Foresters financial strength is maintained and operations grow. A.M. Best assigns rating from A to F, A being superior and A and A- being excellent ratings. This rating was assigned on 30th December 2010. Our International Head Office is located at 789 Don Mills Road, Toronto, Canada M3C 1T9. 

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