press release

Texaco Press Release - Texaco Foundation Awards Scholarships to 86 High School Seniors


WHITE PLAINS, N.Y., June 3 - The Texaco Foundation announced today that 86 graduating high school seniors - all children of domestic, U.S. expatriate or Puerto Rico employees and retirees - have been awarded four-year Foundation scholarships commencing in 1998.

"The Texaco Foundation is proud to continue in our tradition of assisting children of Texaco employees achieve their academic and career goals," commented Anne T. Dowling, President of the Texaco Foundation. "Since the inception of this program in 1984, the Foundation has provided financial assistance to over 1,000 students. We congratulate the 1998 winners, and wish them every success in their studies."

The Texaco Foundation Scholarship Program was established to recognize and honor academic excellence among the sons and daughters of U.S.-based or U.S. expatriate Texaco employees and retirees. Each scholarship is accompanied by an award of $2,500 per academic year for four years, to assist Texaco families in financing the costs of sending their children to U.S. colleges and universities.

The scholarships are granted on the basis of nationwide competitive examinations. An independent, non-profit organization, Sponsored Scholarship Programs of the College Scholarship Service of Princeton, N.J., selects the scholarship winners for academic distinction.

Updated: June 1998