CRYSTAL LAKE – The Friends of McHenry County College Foundation announces a new scholarship for MCC students that will offer up to 24 full scholarships annually beginning with 12 scholarships awarded for the fall 2013 semester.
The Forge Ahead Scholarship was established with a $100,000 cash gift by Michael Klingenberg of Twin Lakes, Wis. The Forge Ahead MCC and University scholarships are expected to last eight years.
Klingenberg retired earlier this month as vice president-chief financial officer at Scot Forge Co. in Spring Grove.
In 2015, the Forge Ahead University Scholarship will provide financial assistance for two to three MCC students who plan to transfer to a public four-year university to obtain a bachelor’s degree. Those receiving the Forge Ahead’s university portion of the scholarship will get 50 percent of their tuition paid during their final two years at an Illinois four-year college or university.
In addition to the cash gift, Klingenberg also donated real estate to the foundation, featuring two acres of lakefront real estate in Twin Lakes, valued at nearly $700,000. Plans call for the land to be sold in early spring and the proceeds of the sale of the property will be added to the Forge Ahead Scholarship fund.
“We appreciate this generous gift. I think that Michael Klingenberg is a kindhearted man who cares about young people getting a quality education,” said Bill Brennan, executive director of the Friends of McHenry County College Foundation. “He wants to make sure high school graduates continue their education, beginning with two years at McHenry County College.”
“I believe that for most people there is nothing more important than education in determining an enjoyable career path, standard of living, general happiness and pride in what you contribute to society,” Klingenberg said. “MCC is a great place to continue your education after high school, whether you are interested in a trade, an associate’s degree or eventually continuing on to a four-year university and possibly beyond. MCC provides a great education value that I choose to support in order to help students who want to advance their education, but may not have the financial resources to do so without some assistance.”
To qualify for the scholarship, applicants must be a resident and high school graduate from within MCC College District 528 and pursuing an associate degree or certificate at MCC. Applicants also must have a high school cumulative grade point average of 2.5 on a 4.0 scale or 2.75 GPA at MCC, demonstrate financial need through the FAFSA application process and provide a letter of recommendation and complete the MCC scholarship application. Applications are available at www.mchenry.edu/scholarships.
Applications are due by 5 p.m. April 30.