Guild Mortgage Names 2021 Academic Collegiate Scholarship Program Recipients
Independent Mortgage Lender Provides Financial Assistance to 10 College Students in 10 States Through its Guild Giving Foundation
San Diego – As part of its commitment to supporting the neighborhoods and communities it serves throughout the U.S., Guild Mortgage (NYSE: GHLD) has announced the recipients of its annual academic collegiate scholarship program.
Now in its fifth year, the Guild Giving Scholarship Program provides financial assistance to qualified members of the community, as well as Guild Mortgage employees and their dependents, pursuing higher education. Winners are awarded $1,500 to be applied to accredited colleges, community colleges, trade schools, and undergraduate and graduate degree programs in any field of study.
This year’s recipients are Dillon Cook, Idler, Ala., University of Alabama; Harerimana Dative, Glendale, Ariz., University of Denver; Emily DeGarmo, Plano, Texas, University of North Texas; Margaret Driscoll, Omaha, Neb., Creighton University School of Medicine; Meckena Hultin, Bonsall, Calif., University of California, Davis School of Law; Jack Jeep, O’Fallon, Mo., Missouri University of Science and Technology; Danielle Morgan, Columbia, S.C., College of Charleston; Krish Parikh, Henderson, Nev., University of Nevada, Reno; Sydney Shaw-Nuno, Seattle, Wash., North Seattle College; and Madalyn Unrein, Centennial, Colo., University of Colorado Colorado Springs.
“Giving back and supporting our communities have been part of Guild’s culture for more than 60 years,” said CEO Mary Ann McGarry. “We’ve made a commitment to focus on education and our annual scholarship program is a big part of that. Supporting those pursuing their education is something we’re all proud of and we plan to continue this tradition for years to come.”
The scholarships are awarded through the Guild Giving Foundation, a nonprofit organization established by Guild to support education, provide shelter, and inspire positive change wherever the company serves. The company’s approximately 4,400 employees across the country give back to their local neighborhoods and communities through sustained investment of time and resources. The Guild Giving Foundation partially matches employee contributions to charities of their choosing, up to $250 per employee each year.
To be eligible for the Guild Giving Scholarship Program, applicants must be a United States citizen or national, have a minimum grade point average (GPA) of 2.5 and meet one of the following criteria: be enrolled full-time in a U.S. high school, have graduated from a U.S. high school or have obtained a U.S. GED at the time of application; or be enrolled full-time as a college student at the undergraduate level with a minimum GPA of 2.5 at the time of application. Applicants must also live in a community where Guild does business. The company currently has 200 retail branches in 32 states.
Students must submit a student essay, statement of career objectives, letter of reference and their official high school or college transcripts as part of the application process.
Recipients are selected by a third-party law firm that specializes in assisting 501(c)(3) charities and foundations in navigating scholarship grant creation and maintenance programs. Payment is made to the recipient’s school of choice upon notification and in accordance with the school’s scholarship guidelines. Scholarships may be a one-time award or be renewed each year through an endowment for up to four years.
A leading national lender by purchase loan volume, Guild has a deep history of developing innovative pilot programs and specialized products in partnership with government organizations to help deliver the promise of home in every neighborhood and community it serves. Its loan professionals can serve the needs of any homebuyer, from helping first-time buyers achieve homeownership, often through government loan programs, to homebuyers looking for a jumbo loan. Guild also helps active duty and retired military personnel who qualify for VA loans with 100% financing and flexible qualifying standards. The company is consistently recognized for its impact in the communities it serves, commitment to customer service, strength in regulatory compliance and workplace culture.