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Wegmans Food Markets has announced that the Wegmans Employee Scholarship Program will award college tuition assistance to 1,736 new recipients for the upcoming academic year. Wegmans expects to pay out approximately $4.9 million in tuition assistance to both new and returning scholarship recipients during the 2015/2016 school year.
Since the program began in 1984, more than 32,000 Wegmans employees have been awarded scholarships totaling $100 million.
“It is so rewarding to see our employees achieve their goals, and in many cases, build a career at Wegmans,” says Wegmans President Colleen Wegman. ”This program has made a profound impact on our own company and on the communities we serve.”
All stores will celebrate the scholarship recipients and 2015 graduates on Saturday, May 16, when free slices of graduation cake will be served at a time selected by each individual store. See store for details.
Part-time employee scholarship recipients are eligible to receive up to $1,500 a year for four years (a maximum of $6,000), and full-time employees can receive up to $2,200 a year for four years (up to $8,800 total). No limit is placed on the number of scholarships awarded each year and no restrictions are made on a student’s course of study. Recipients may choose any area of study from an accredited college and enter any field they desire upon graduation. Many scholarship winners, however, have stayed with Wegmans after college, continuing career growth within the company.
To receive a scholarship, Wegmans employees must meet work-performance criteria. Eligibility is also based on a minimum number of work hours over a specified time period. Scholarship applications are evaluated by a team from Wegmans.
Wegmans Food Markets, Inc. is an 85-store supermarket chain with stores in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. The family-owned company, founded in 1916, is recognized as an industry leader and innovator. Wegmans has been named one of the ‘100 Best Companies to Work For’ by FORTUNE magazine for 18 consecutive years, ranking #7 in 2015. The company also ranked #1 for Corporate Reputation, among the 100 ‘most-visible companies’ nationwide in the 2014 Harris Poll Reputation Quotient ® study.
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