Craig student earns Pinnacol Foundation scholarship

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Sasha O'tero, of Craig, was one of 59 students awarded a scholarship from Pinnacol Foundation, which awarded $180,000 to students whose parents were killed or seriously injured in work-related accidents. The average scholarship was for $3,000.

"The dollars awarded to these young scholars are invaluable in so many ways - to families in need of financial assistance, to students in hopes of continuing their education and to Colorado in support of our future generation," said Don Collins, Pinnacol Foundation chair. "It is a great pleasure to know the number of awards, the total dollar amount, and the average size of awards have all increased," added Collins, who also serves as chief marketing officer for Pinnacol Assurance.

To qualify for a Pinnacol Foundation scholarship, a student must be the natural child, adopted child or stepchild of a worker killed or permanently disabled in a compensable work-related accident while employed by a Colorado-based business, regardless of insurance carrier.

Scholarships are awarded based on financial need, academic achievement, recommendation letters, a personal essay and the severity of the parent's injury.

Scholarship applications are accepted annually Jan. 1 through March 31. The selection committee meets each May to determine awards. Contact Ray Merenstein at 303-361-4778 or visit www.pinnacol.com/foundation for more information.

Pinnacol Foundation was established in 2000 as a charitable nonprofit entity with $50,000 in seed money from Pinnacol Assurance, Colorado's oldest and largest provider of workers' compensation insurance. In subsequent years, the Foundation has raised scholarship money through an annual golf tournament and corporate donations.

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