Annual scholarship program aims to ease the financial stress of college on families
PRESCOTT, AZ – Dec. 12, 2019 – Northwestern Mutual, through its Foundation, is dedicated to supporting children and families who have been impacted by childhood cancer through research funding and providing resources for survivors and their families. As part of this commitment, Grace Padilla, a Prescott resident, has been selected as a recipient of the company’s Childhood Cancer Survivor Scholarship. The application process for the 2020 program is also now open for submissions.
Each year, Northwestern Mutual selects 35 students to receive scholarships through the program. Each recipient has been affected by childhood cancer, either as a survivor or sibling, and has demonstrated strong academic standing. Grace, a childhood cancer survivor, has been chosen as one of the 2019 recipients, receiving a $5,000 renewable scholarship for a total of $10,000.
Grace was diagnosed with unilateral retinoblastoma at two years old. Following her diagnosis, she underwent surgery to have her left eye removed. Her experience with cancer fostered a deep curiosity for science, and led her to study neuroscience at Westminster College in Salt Lake City, Utah. She is currently applying for her PhD to continue research in this area of study. Grace is also an advocate for underrepresented students in STEM, particularly women.
The applications for next year’s scholarship programs are now open through January 30, 2020 at 3 p.m. CT. Selection results are expected in April 2020. To apply, visit:
Launched in 2012, Northwestern Mutual’s Childhood Cancer Program was developed to find cures, provide family and patient support and aid those who continue to struggle with long-term effects of cancer treatment. With the help of employees and financial representatives nationwide, the program has contributed more than $25 million and has helped fund over 330,000 hours of research.
About Northwestern Mutual Foundation
The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $353 million since its inception in 1992 and is designed to create lasting impact in the communities where the company's employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes. Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for more than 160 years. Through a distinctive, personalized planning approach, Northwestern Mutual combines the expertise of its financial advisors with a digital experience to help its clients navigate their financial lives every day. With $272.2 billion in assets, $28.5 billion in revenues, and $1.8 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.5 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages $128 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 111 on the 2019 FORTUNE 500 and is recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2019.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).