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LIFE Foundation Asks Public to Vote to Determine its $5,000 Life Lessons College Scholarship Winner
Date:7/8/2008

Scholarship Program Highlights Need for Parents to Include Life Insurance

in Their College-Funding Plans

ARLINGTON, Va., July 8 /PRNewswire/ -- Life can take unexpected -- and sometimes tragic -- turns. When a loved one dies, it can be particularly painful. Too often though, the emotional loss is compounded by the financial hardship that comes when the head of the household dies prematurely with little or no life insurance. Making sure immediate expenses are met is often the first concern for those left behind, and future plans are either postponed or never carried out. These circumstances can derail the plans young adults have of attending college.

Online Voting Now Under Way

To help young people who are finding it difficult to pay for college because of the death of a parent or guardian, the LIFE Foundation sponsors the LIFE Lessons College Scholarship Program. This year, LIFE will award 25 scholarships totaling $25,000, including two $5,000 scholarships. Through an online vote, the LIFE Foundation is seeking the public's assistance in deciding one of its two Grand Prize scholarships. LIFE has already awarded four $1,000 scholarships in its Video Entry category. For the next four weeks, LIFE is asking the public to visit its website at http://www.lifehappens.org to cast their vote for the student they feel is most deserving of the top scholarship in the Video Entry category. Voting will conclude on Monday, August 4, 2008, and the Grand Prize scholarship winner will be announced in September.

"LIFE's own research suggests that more than three quarters of parents who don't have life insurance say their children's college plans would be seriously threatened by their untimely death," said Marvin H. Feldman, CLU, ChFC, RFC, president and CEO of the LIFE Foundation. "LIFE is proud to assist young people in fulfilling their dreams. We also hope that by telling
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SOURCE Life and Health Insurance Foundation for Education
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