Stripes Launches College Scholarship Fund

stripesFund to benefit local students as year one fundraising target is set at $400,000. 

Obtaining a college education will now be easier for students within the Stripes operating market areas thanks to the Stripes College Scholarship Fund, a new program launched today by Stripes Convenience Stores.

Stripes is beginning its first in-store fundraising campaign, inviting customers to participate by donating as little as $1. In appreciation for their contribution, customers will receive a recognition cut-out that will be displayed in the store, along with a free 12-ounce Slush Monkey coupon and a buy-one-get-one-free Smokin’ Barrel Trail Mix or Smokin’ Barrel Peanuts bag offer.

Stripes wants to make a difference for those students who are pursuing their educational goals by offering the Stripes College Scholarship Fund.

“Young people are our future, and there’s no better investment we can make in the communities where we live and work than helping our youth go to college,” said Sam Susser, chairman, CEO and president of Susser Holdings Corp., the parent company of Stripes LLC.  “As we look to the future, we believe that education is the key to unlocking the potential for success. Today, historically disadvantaged students are not reaching the same level of educational attainment as the general population, and it is our hope that by partnering with our customers and our team members, Stripes can positively impact this critical issue.”

The goal in the first year of this new company-sponsored campaign—a first ever for Stripes—is to raise $400,000 to award 400 students in Texas, New Mexico and Oklahoma with $1,000 scholarships. All proceeds raised from the in-store campaign will be distributed to students in the 2014-2015 academic year. Stripes is underwriting all administrative costs to run the scholarship program.

The four-week in-store fundraising campaign will be held at all Stripes locations throughout the Stripes operating area and will end on Dec. 29. The scholarship awards will be selected and managed by the participating community colleges and universities enrolled in the program.

Headquartered in Corpus Christi, Texas, Susser Holdings Corp. operates over 575 convenience stores across Texas, New Mexico and Oklahoma under the Stripes Convenience Stores banner.

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