CHICAGO, April 27, 2018 /PRNewswire/ -- Mayor Rahm
Emanuel and CME Group, the world's leading and most diverse
derivatives marketplace, today will present 25 Chicago Star
Scholars with scholarships to go towards continued education at a
four-year college or university. Once students graduate from
City Colleges of Chicago (CCC)
with an associate degree, they will receive a two-year,
$5,000 scholarship.
"Chicago Star Scholars work hard to pursue a college education
and work towards a great career and future," said Mayor Emanuel. "I
commend CME Group for recognizing the potential of our hardworking
students and creating a path to gainful employment."
For the 2nd year, CME Group selected 25 students to
receive scholarships that will support them in furthering their
college career with a bachelor's degree in math, computer science,
finance or economics at one of Star
Partner colleges and universities in the fall.
"We are very pleased to partner with Mayor Emanuel to support
these talented Chicago Public
Schools students pursuing higher education in our city," said CME
Group Chairman and Chief Executive Officer Terry Duffy. "We believe that investing in the
students of today will help to strengthen and advance the global
economy – and that of Chicago – in
the future."
"I want to thank CME Group for supporting our Star Scholars'
pursuit of higher education, and helping us to develop the next
generation of Chicago leaders,"
said City Colleges of Chicago
Chancellor Juan Salgado.
To ensure more students from all economic backgrounds can access
a viable pathway to higher education, Mayor Emanuel created the
Star Scholarship in 2014 to reward hard-working Chicago Public Schools graduates with an
opportunity to pursue a degree or certificate at City Colleges at
no cost. Now in its third year, the Chicago Star Scholarship
program at CCC is helping more than 3,000 Chicago Public School
(CPS) graduates attend college tuition-free. Star Scholars are
diverse, representing more than 75 Chicago ZIP codes and more than
200 CPS high schools. Star Scholars have shown strong retention,
suggesting that students enrolled in this program are highly likely
to persist in their coursework toward a degree.
The Star Scholars this year receiving the scholarship were
selected from a pool of 100 qualified candidates. A select
number of scholars from last year's CME Group class will also be
offered an internship at CME Group member clearing firms this
summer.
To be eligible for the CME Group Award for Star Scholars
Achievement, students must be graduating this May with a cumulative
GPA of 3.0 or above and a major in math, computer
science/information technology, finance or economics.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives designed to help make college more
affordable and attainable for CPS graduates. In 1986, CME Group and
the City of Chicago launched the
CME Group Mayoral Award for Student Achievement, which has awarded
more than $2 million to thousands of
high-achieving CPS students in pursuit of college degrees.
For more information on the Chicago Star Scholarship at City
Colleges of Chicago, visit
www.ccc.edu/starscholarship.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) is where the world comes to manage
risk. CME Group exchanges offer the widest range of global
benchmark products across all major asset classes, including
futures and options based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. Around the world, CME Group
brings buyers and sellers together through its CME Globex®
electronic trading platform. CME Group also operates one of
the world's leading central counterparty clearing providers
through CME Clearing, which offers clearing and settlement
services across asset classes for exchange-traded and
over-the-counter derivatives. CME Group products and services
ensure that businesses around the world can effectively manage risk
and achieve growth.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT, Chicago Board of
Trade, KCBT and Kansas City Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. Dow Jones, Dow Jones Industrial Average,
S&P 500 and S&P are service and/or trademarks of Dow Jones
Trademark Holdings LLC, Standard & Poor's Financial Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All
other trademarks are the property of their respective
owners.
CME-G
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SOURCE CME Group