Stonington — The Eugene Atwood Fund will start accepting purposes for its 2021-22 interest-free mortgage program on Jan. 1, 2021.
This would be the one hundred and fifth 12 months the Stonington-based group has supplied interest-free loans to college-bound college students from New London County.
In 2020, an extra mortgage program was added for these attending commerce college. Candidates have to be New London County residents who’re highschool seniors and/or are presently enrolled in school or a commerce program.
Purposes can be accepted via Feb. 28, 2021. For extra details about programming or to use, go to www.eugeneatwoodfund.org.
The fund was established in 1916 by Eugene Atwood, the top of the Atwood Machine Firm, situated in Stonington. Atwood, an inventor who prized the worth of training, established the fund with a mission to assist “deserving industrious younger people who find themselves making an sincere effort to perform one of the best leads to life.”
Within the early Fifties, the Board of Trustees established the Eugene Atwood Award which supplies an award to a scholar or college students primarily based on educational achievement and the person aligning with the group’s mission assertion.
In June 2020, the fund established a Commerce and Tech Committee with the aim of including a brand new program that gives interest-free loans for people within the New London County space who can be attending a know-how or commerce program. Two months later the committee introduced the addition of the Eugene Atwood Innovation Award which supplied an award for the acquisition of instruments and gear wanted for a scholar pursuing a profession in a commerce.
For extra info, contact fund administrator Stacey Haskell at admin@eugeneatwoodfund.org
or (860) 535-0005.
