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KFC Foundation to reward Colonel's Scholars

January 23, 2008

LOUISVILLE, Ky. — The Kentucky Fried Chicken Foundation, an independent non-profit foundation established by KFC, is searching for 2008's KFC Colonel's Scholars. The program, founded on Colonel Sanders' belief in education and faith in an entrepreneurial spirit, is looking for accomplished high-school seniors planning to attend a public in-state college or university. The students selected will receive up to $20,000 over four years in order to complete a bachelor's degree program.
 
This is the third year for the Colonel's Scholars program, and the Kentucky Fried Chicken Foundation plans to make it an annual event, according to a news release. The 2007 selection process chose 51 high school students from 30 different states across the country to receive the scholarships. In the program's inaugural year of 2006, 50 scholars were selected.
 
By selecting 100 Colonel's Scholars in 2008, the foundation will nearly double the total number of college students currently receiving assistance from the program.
 
"Knowing that Colonel Sanders was a strong advocate of education, the KFC Colonel's Scholars Program provides high-school seniors with opportunities they might not have had otherwise," said Gregg Dedrick, president and chief concept officer of KFC Corp. and chairman of the board of the foundation.
 
The Kentucky Fried Chicken Foundation Board, with the help of a neutral educational company, will choose the 100 scholars this year. The winning students must meet pre-determined criteria, including earning a 2.75 grade point average, demonstrating a financial need and answering essay questions. The scholars also must convey qualities such as motivation and perseverance. Applications will be accepted through Feb. 15, 2008, and the winners will be announced in May.

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