GILFORD — The Lakes Region Scholarship Foundation awarded a total of $273,550 to 282 students this year, the organization reports.
About 40 percent of the foundation's funds were awarded to graduating high school seniors, with the balance going to upperclassmen. The foundation notes that its support does not stop after a student's freshman year.
Foundation officials said the organization was able to provide this financial assistance because off its many generous donors or donor funds.
Since its founding in 1956, the Lakes Region Scholarship Foundation has awarded nearly $4.9 million to almost 4,500 students pursuing higher education.
Paulette Loughlin, the foundation's president, emphasized, "The Foundation, however, is merely the conduit. It is the over 500 donors (not including the thousands who have contributed to specific memorial funds or special fundraisers over the past 58 years) who deserve the credit for this proud record. They are the ones who have been extending a helping hand to local students looking to continue their education and fulfill their career goals.
"Many of our donor funds are very specific," she continued. "Some donors are interested in specific majors and many target specific high school graduates, such as only a Laconia or Gilford or Belmont High School graduate."