Students from 11 schools in the Philadelphia region will benefit from a Pennsylvania College of Technology scholarship created by The Howley Foundation, which seeks to ensure that students, regardless of economic means, receive a high-quality education. The scholarship is expected to provide more than $3 million in funding to qualified students over the first 10 years of the program.

The Howley Foundation Scholarship will support up to eight students annually per incoming class. Each student selected will receive $10,000 per year, a $1,000 Penn College Foundation scholarship and access to as much as $18,870 in additional need-based financial aid. Students may pursue associate or bachelor’s degrees and are eligible for four or eight semesters of guaranteed funding, respectively.

To further promote financial predictability and security, students’ tuition, housing and board costs will be frozen at the level of their first semester. Students will also benefit from a robust support network on campus, including dedicated advisers, tutoring services and mentorship opportunities. All recipients will be guaranteed the opportunity for on-campus employment.

“We are excited to partner with The Howley Foundation for this unique scholarship opportunity,” said Penn College President Michael J. Reed.

Nick Howley, chairman of The Howley Foundation said, “We believe a high-quality education is the most practical path to upward social and economic mobility, and we believe Penn College can play an important role for many students.”

To be eligible for a Howley Foundation Scholarship, students must live on campus, have a minimum high school GPA of 3.0, maintain a 2.5 GPA or higher while in college and remain enrolled full time.