
WILMINGTON — Cape Fear Community College will be helping more than 300 students in technical education and skilled trade with money received from the New Hanover County Endowment.
Last month, the endowment — a foundation born from $1.25 billion of the New Hanover Regional Medical Center sale — announced its first round of funds. Totaling more than $9 million, over 100 agencies in the region has benefited from the financial boost, including Cape Fear Community College.
READ MORE: 110 nonprofits receive $9M in first tranche of NHC Endowment funds
ALSO: NHC social services says it needs $100K but county rejected endowment grant
CFCC was one of four entities that received the maximum grant amount of $250,000. The college actually also took home two separate grants in that amount, one to help with building a child day care and the other to help break down financial barriers for underserved students.
“This grant will enhance CFCC’s ability to support students pursuing careers in technical education and skilled trades who face financial challenges that prohibit them from completing their programs,” a press release from the college noted.
$250,000 will be split among 333 students, each receiving $750. The money can be applied to registration fees, books, educational tools, uniforms, materials, supplies, and credentialing exams.
Students who apply will be required to show New Hanover County residency and be enrolled in a qualifying technical or trade program at the college.
“We are incredibly honored to be named a recipient in the inaugural New Hanover Community Endowment grant process,” Jim Morton, president of CFCC, said. “This grant will further Cape Fear Community College’s ability to make a real difference in the lives of our underserved students. By addressing the financial barriers that have traditionally prevented these students from completing their programs of study, we can ensure our students can better their career opportunities.”
Have comments or tips? Email info@portcitydaily.com
Want to read more from PCD? Subscribe now and then sign up for our morning newsletter, Wilmington Wire, and get the headlines delivered to your inbox every morning.