Nucor Gives More Than $1 Million to Local Scholarship Fund

BLYTHEVILLE, AR - Two steel firms will provide more than $1 million in scholarships to students wanting to attend Arkansas Northeastern College.

The new money for the Great River Promise scholarship program will fund about 50 two-year, full tuition scholarships per year.  Nucor-Yamato Steel and Nucor Steel Arkansas , the companies funding the program, say the program will run for the next seven years.

The Great River Promise began this fall with the current ninth-graders at Armorel, Blytheville, and Gosnell high schools and Pathway Christian Academy.  If the ninth-graders attend four consecutive years of high school, maintain a 95 percent attendance record and have no drug or drunken-driving offenses, they can receive the scholarships, provided other means of financial aid are exhausted.

The Great River Promise comes after another such program was established last year.  In south Arkansas, Murphy Oil Corporation created the $50 million El Dorado Promise, a 20-year scholarship program for students attending the town's high school.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)