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Virginia, U.S.A. — The nonprofit LIFE Foundation announced on June 29th an online vote to help determine which of two students in its LIFE Lessons Scholarship Program will be awarded $10,000 towards their college education. The two finalists highlighted in the vote submitted videos describing the financial and emotional impact of losing a parent at an early age, especially how the lack of adequate life insurance coverage affected their college plans. Voting will take place between now and the end of July. The voting process is being conducted on the LIFE Foundation’s Facebook page, and can be accessed through this direct link, www.lifehappens.org/vote.
The students featured in the vote are:
The LIFE Foundation has already awarded Johana and David $5,000 scholarships because their applications were judged to be the two best in the Video Category. The online vote will determine which student receives an additional $5,000 toward their college education costs.
“Johana and David’s stories are good examples of how difficult life can become for your children if you fail to plan ahead for their financial future,” said Marvin H. Feldman, CLU, ChFC, RFC, president and CEO of the LIFE Foundation. “When a parent dies without life insurance, financial chaos can settle in very quickly and plans for the future, like a college education, often get postponed or set aside altogether. We created the LIFE Lessons Scholarship program to help deserving young people like Johana and David to realize their dream of a college education and to remind moms and dads everywhere of the need to include life insurance in their college-funding plans.”
In all, LIFE will award 61 scholarships this year totaling $112,000. The winner of the online vote, as well as the other 2012 scholarship recipients, will be announced in September 2012. For more information about the LIFE Lessons Scholarship Program visit www.lifehappens.org/lifelessons