New scholarship program announced by The Schwan Food Company, Southwest Minnesota State University

Posted: October 19, 2004

Contact: Doug Anderson, doug.anderson@so.mnscu.edu, 651-201-1426

This news release was originally written and distributed by the Schwan Food Company of Marshall, Minnesota

New scholarship to help Twin Cities students

(MARSHALL, MINN. -Oct. 19, 2004) The Schwan Food Company announced today the establishment of the Schwan Access and Opportunity Scholarship. The new four-year scholarships are designed to provide Minneapolis and St. Paul students the necessary financial resources and opportunity to attend Southwest Minnesota State University (SMSU), one of Minnesota's most recognized higher educational institutions.

Schwan will provide a minimum of $800,000 in support of the Schwan Access and Opportunity Scholarship for students entering the university over the next four years. In partnership with SMSU, the Schwan scholarship is designed to cover all academic-related costs (tuition, books, and room and board) for the students. In addition, scholarship recipients will be able to apply for internship opportunities with the company.

"The Schwan Food Company is pleased to recognize these students who have put forth the personal effort and demonstrated the academic discipline in high school to prepare themselves for higher education. We look forward to welcoming them to the institution and our community," said Schwan President and Chief Executive Officer M. Lenny Pippin.

Dr. David Danahar, president of SMSU, said, "This scholarship program shows Schwan's continued support for the university, our students and the community as a whole. We are excited about this partnership and what it means for expanding educational opportunities."

Students must be from the Minneapolis or St. Paul school systems, have a minimum grade point average of 3.0 and an ACT score of 22 or higher to be eligible to apply for the scholarships. Scholarships will be available to students in the fall of 2005.

Schwan and SMSU representatives worked closely with staff members of Admission Possible, an organization that helps make college admission possible for economically disadvantaged students in the Twin Cities area, and Clarence Hightower, president of the Minneapolis Urban League, member of the Minnesota State Colleges and Universities board and SMSU alumni, to help create the scholarship program.

"I would like to express both my appreciation and my excitement for what Schwan is doing relative to helping students of color at Southwest Minnesota State," said Clarence Hightower.

"Admission Possible is delighted to work with Schwan and SMSU on this scholarship opportunity," said Admission Possible Founder Jim McCorkell. "This scholarship program is very much aligned with Admission Possible's core mission and specifically addresses the significant financial challenges facing today's students."

The Schwan Food Company has been a major financial partner with SMSU since its inception. The Schwan Access and Opportunity Scholarship is in addition to more than $3,000,000 already provided to SMSU over the past 25 years.

THE SCHWAN FOOD COMPANY is a privately held, multibillion-dollar business that manufactures and markets fine frozen foods through home delivery, retail grocery and foodservice channels. Headquartered in Marshall, Minn., for more than 50 years, Schwan employs about 24,000 people in the United States and Europe. To learn more about the company, visit www.TheSchwanFoodCompany.com on the World Wide Web.

The SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION is a non-profit corporation established for the benefit of the University and its students. The Foundation's primary purpose is to fund scholarships, projects and activities through a comprehensive fund-raising program.