RBIEF donates $15,000 in scholarships
July 2, 2004
Filed under Market Outlook
LIVONIA, Mich. – The Michigan Boating Industries Association’s Recreational Boating Industries Educational Foundation has awarded $15,000 in scholarship funds to 14 students for the 2004/05 school year, the MBIA said yesterday in a press release.
The RBIEF scholarship fund was developed in 1984 by the MBIA and National City Bank as a support program for students interested in pursuing careers in the recreational boating industry. Scholarships are awarded based upon the value the applicant displays to the industry, academic achievement and financial need.
To-date, the fund has distributed over $273,896 to students in Michigan. The foundation also coordinates placement for students with MBIA members for work study during the summer months, according to the association.
In addition, the RBIEF has developed a scholarship/internship program within the Dept. of Parks, Recreation and Tourism Resources at Michigan State University and has made a commitment of $100,000 to MSU over a three-year period toward the program, which includes a recreational boating curriculum. Prior to the $100,000 commitment, RBIEF contributed $30,000 to the program at MSU, MBIA said.