CHICAGO, June 26,
2024 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, and Chicago Mayor Brandon
Johnson have awarded 25 City Colleges of Chicago graduates with a $5,000 scholarship towards their four-year
degrees. This is the eighth consecutive year CME Group is
recognizing the academic achievements of Star Scholars at City
Colleges of Chicago to increase
higher education opportunities for students with diverse
backgrounds, building on more than three decades and more than
$2 million in support for
Chicago students.
"We are thankful to the CME Group for their partnership and for
supporting our City Colleges of Chicago Star Scholars as they work
to achieve their dream of earning a bachelor's degree," said Mayor
Brandon Johnson. "By investing in
our young people and providing them with the opportunity to
continue their educational journeys, CME Group is setting a
powerful example for the rest of the business community."
"We're pleased to continue to invest in the Star Scholars who
are dedicated to their commitment to pursue a four-year degree,"
said CME Group Chairman and Chief Executive Officer Terry Duffy. "The Star Scholarship provides the
future leaders in Chicago with
opportunities to discover career opportunities in finance and other
industries."
"CME Group's scholarship is helping our Star Scholars shape
their life into what they want it to be. After a debt-free college
experience at City Colleges, CME Group is giving these Star
Scholars more choices and easing the financial burden as they
continue to pursue a Bachelor's degree," said Chancellor
Juan Salgado, City Colleges of
Chicago.
The Star Scholarship program at City Colleges of Chicago has helped over 16,500 Chicago Public Schools and Big Shoulders Fund
high school graduates pursue their associate degree debt-free.
During the academic year 2023-2024, 932 Star Scholars completed
their associates degree, making up over one-fourth of the
graduating class of 2024.
Scholarships support these students in achieving a bachelor's
degree in accounting, business management, math, computer science,
finance or economics at one of the Chicago Star Partner colleges
and universities.
The notable 25 CME Group Star Partnership Mayoral Scholarship
recipients were selected from 343 Star Scholars who completed their
associate degree in Spring 2024 with a GPA of 3.0 or higher.
Notably, 100% of this year's recipients intend to transfer to one
of the 26 Star university partners in Fall 2024 to pursue a
bachelor's degree.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives to help make college more affordable
and attainable for CPS graduates. Dating back to 1986 when CME
Group and the City of Chicago
launched the CME Group Mayoral Award for Student Achievement, CME
Group has supported high-achieving CPS students in pursuit of
college degrees, resulting in thousands of annual scholarships and
more than $2 million of financial
support.
This year's award recipients were recognized by Chicago Mayor Brandon
Johnson, City Colleges of Chicago's Chancellor Juan Salgado and CME Group Chairman and Chief
Executive Officer Terry Duffy at a
celebratory luncheon and education seminar on Wednesday, June 26, 2024 at CME Group
headquarters in Chicago.
For more information on the Star Scholarship at City Colleges of
Chicago, visit
www.ccc.edu/starscholarship.
About CME Group
CME Group's metals complex is listed by and subject to the rules
of COMEX. For more information, please visit
www.cmegroup.com/metals.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign exchange, energy,
agricultural products and metals. The company offers futures
and options on futures trading through the CME Globex
platform, fixed income trading via BrokerTec and foreign exchange
trading on the EBS platform. In addition, it operates one of
the world's leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago 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. BrokerTec is a trademark of BrokerTec Americas LLC
and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group