MSU-Billings to be Awarded over $100,000 for Student Grants

April 28, 2006

MSU-B to be Awarded over $100,000 for Student Grants

(HELENA) Student Assistance Foundation (SAF), a nonprofit Montana organization, will award Montana State University-Billings (MSU-Billings) a grant for $111,111 at an awards ceremony on Monday, May 1, in Billings. The ceremony will take place at 10 a.m. in the Fireside Lounge at the Student Union Building on the MSU-Billings campus. Accepting the award will be MSU-Billings Chancellor Ronald Sexton. Kelly Chapman, SAF executive vice president of foundation activities, will represent SAF.

The MSU-Billings award is part of a $1.1 million Acce$$ grant package provided by SAF to Montana’s colleges and universities this year. Acce$$ (pronounced “access”) grants are awarded each year by SAF to Montana’s post-secondary financial aid offices. Financial aid officers use the grants to help students with unmet financial needs continue their education. Award amounts vary by individual need and are determined by the financial aid offices. The funds are educational grants and are gifted to students. They do not require repayment.

Since its inception in 1999, SAF has awarded $330,403 in Acce$$ grants to MSU-Billings and over $3.3 million to Montana’s colleges and universities.

Student Assistance Foundation is a 501(c)(3) nonprofit Montana organization that provides students with knowledge and tools to finance and pursue their post-secondary education. Funds generated by SAF are returned to Montanans in the form of education grants and public benefit programs. For more information, visit the SAF Web site at http://www.safmt.org.

Contact:
Kelly Chapman, Executive Vice President of Foundation Activities
Student Assistance Foundation
406.495.7390

Judy Chapman, Interim Financial Aid Director
Montana State University – Billings
406.657.2188

Jeannie Huntley, Marketing & Communications Director
Student Assistance Foundation
406.495.7394