May 24. 2013 10:00AM - Last modified: May 24. 2013 10:26AM

Northwestern Mutual announces $336,000 donation to benefit college-bound students

  
Milwaukee-based Northwestern Mutual is donating 12 grants worth $336,000 to colleges and universities throughout Wisconsin in an effort to make higher education more affordable for underprivileged students.

 

The grants will be distributed by the Northwestern Mutual Foundation, which operates as Northwestern Mutual's charitable arm.

"Education is a driving force for any growing economy and healthy community," said John Kordsmeier, president of Northwestern Mutual Foundation. "These grants enable more first generation and minority students to cross the graduation stage, demonstrating how this support positively impacts the individual, the city and the talent pool."

The grants will benefit 10 higher education institutions, both private and public, and will fund scholarship programs as well as specialized academic programs in disciplines like information technology.

Northwestern Mutual will award grants to:

*Alverno College for the Northwestern Mutual Capstone Scholarships
*Cardinal Stritch University for the Northwestern Mutual Foundation Scholars Initiative
*Carroll University for the Northwestern Mutual Foundation Scholarships
*Marquette University for the Northwestern Mutual Foundation Scholarship Program
*Milwaukee Institute of Arts and Design for the Northwestern Mutual Foundation Breaking New Ground Scholarship Fund
*Milwaukee School of Engineering for the Northwestern Mutual Foundation Annual Scholarship Program
*University of Wisconsin-Eau Claire for the Northwestern Mutual Computer Science Scholarship Fund
*University of Wisconsin-Milwaukee for the Northwestern Mutual Scholars Program
*University of Wisconsin-Parkside for the Northwestern Mutual Chancellor's Leadership Scholarship Program
*University of Wisconsin-Whitewater Foundation Inc. for the Northwestern Mutual Scholarships in Information Technology and Computer Science

The Northwestern Mutual Foundation primarily focuses its giving initiatives on the communities where its employees live and work.

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