By Frank Gaudio
For our nation’s active military, veterans and their families – who have sacrificed to protect our freedoms at home and abroad – access to college education is an imperative. Yet, rising tuition rates have pushed college out of reach for many Americans, including countless military children. Over the last 10 years, tuition costs have inflated by an astounding 121 percent, according to figures from the Department of Labor. Military families should not be placed in a situation where they must choose between personal finances and post-high school dreams.
That’s why the PwC Charitable Foundation, Inc. has committed $1.25 million to the Marine Corps Scholarship Foundation, the nation’s oldest and largest provider of need-based scholarships to military children. It is part of the PwC Charitable Foundation, Inc.’s five-year commitment to provide $5 million in grants for veterans’ education and workforce development.
Making investments that have a real impact on underserved populations – including U.S. veterans and their families – is one of our key priorities. This contribution will help provide hundreds of scholarships over the next five years to the children of dedicated Marines and Navy Corpsmen who need it most.
Our support for this unique group of students is a direct investment in America’s future – our next generation of leaders. We are honored to support the families of those who have committed their lives to our nation today, by helping to lay the groundwork for a better workforce and stronger community of tomorrow.
Frank Gaudio serves as U.S. Deputy Tax Leader for PwC, and is a trustee and veterans’ liaison for the PwC Charitable Foundation, Inc.