With the average tuition at U.S. public four-year institutions up 13 percent in the last five years, local organizations—such as the Cy-Fair Educational Foundation and the Cy-Fair Women’s Club—are working to support area students financially in their academic ventures following high school.
Since its inception in 1970, CFEF has awarded more than $6 million in scholarships to Cy-Fair ISD students. Executive Director Marie Holmes said more than 100 graduating seniors collectively received $330,000 this year, with individual scholarships ranging from $500 to $20,000.
Individuals and businesses provide endowments to fund CFEF’s efforts, but much of the funding comes from annual events. The foundation’s largest event, Salute to the Stars, is set for Oct. 13.
“The district is growing, and we’re always looking to expand our opportunities and what we’re able to do for the students of Cy-Fair,” Holmes said. “We’re looking to expand our endowments to $15 million by 2020.”
