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Cristo Rey Network Honors Corporate Partner Champions for Inaugural CWS National Impact Award
Brooke Rayford

CHICAGO, IL, May 6, 2024 - Today, the Cristo Rey Network announced a $2,000,000 grant from the Deloitte Foundation to provide college scholarships to graduating seniors in the Class of 2024. This award, granted by the Deloitte Foundation for the fourth consecutive year, will be administered and managed by the Cristo Rey Network national office, providing more than $50,000 to each of the 36 of 39 Cristo Rey campuses with a senior class. Schools will award scholarship funds to Class of 2024 graduates who intend to pursue one of 13 eligible majors at a postsecondary institution of their choice. 

"The Deloitte Foundation's support of our students is a key ingredient to turning their college and career ambitions into reality," said Kelby Woodard, Cristo Rey Network's President and CEO. "This contribution goes beyond supporting the immediate educational needs of the Class of 2024; it represents a deliberate investment in helping to develop the talent that can boldly lead our communities into the future."

Each local Cristo Rey school is selecting five to 25 recipients, named as Deloitte Foundation Scholars, who will receive $2,000-$10,000 towards their chosen four-year degree in Accounting, Finance, Economics, Mechanical Engineering, Computer Engineering, Computer Science, Information Systems, Information Technology, Data Science, Data Analytics, Math, Cybersecurity, or Informatics. Selected Deloitte Foundation Scholars will demonstrate academic and leadership excellence, as well as financial need.

"As we work with our students and families to navigate the financial aspect of selecting a best-fit college, this gift from the Deloitte Foundation offers an extraordinary opportunity for our graduates who are pursuing aligned majors," said Chaz Napoli, President of St. Martin de Porres High School in Cleveland, Ohio. "We are honored to receive these funds in support of the Class of 2024 and their future achievements."

The past three years' support from the Deloitte Foundation reached 515 Cristo Rey scholars across the Network's Classes of 2021, 2022, and 2023. One Deloitte Foundation Scholar from Cristo Rey Jesuit Atlanta High School shared the impact of her Deloitte Foundation Scholarship as she prepared to study Finance at Marquette University, "As a first-generation Mexican American, this scholarship has had a great impact in helping me pursue my dream of pursuing a college education. Educational expenses could have discouraged me, but this scholarship eases the financial burden that often holds first-generation students back from their aspirations." 

"The Deloitte Foundation works towards equitable access to education to help prepare the next generation for the future of work, and continuing to fund these scholarships is an important piece of that aspiration," remarked Erin Scanlon, President of the Deloitte Foundation. "We are excited to support these students as they build the skills necessary to pursue career pathways in business, accounting, and STEM."

Cristo Rey Network is developing and scaling resources and tools to sustain and increase strong college enrollment and completion. Deloitte Foundation Scholars, along with all Cristo Rey college enrollees, will receive individualized guidance from their local Cristo Rey school alumni advisor as students navigate their postsecondary trajectory. In addition, the Cristo Rey Network's National Alumni Association connects fellow alumni from across the country through networking opportunities, providing professional development support, and coordinating workforce development offerings.

About the Cristo Rey Network 

The Cristo Rey Network of 39 high schools delivers a career-focused, college preparatory education in the Catholic tradition for students with limited economic resources, uniquely integrating rigorous academic curricula with four years of professional work experience and support to and through college. Cristo Rey partners with educators, businesses, and communities to enable students to fulfill their aspirations for a lifetime of success: students are more than twice as likely to complete a bachelor's degree by age 24 compared to the total U.S. low-income population. 

About the Deloitte Foundation

The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports education in the U.S. through a variety of initiatives that help develop the next generation of diverse business leaders, and their influencers, and promote excellence in teaching, research and curriculum innovation. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting high school students, undergraduates, graduate students and educators. 

 

CONTACT

Brooke Rayford, Director of Communications and Alumni Relations, Cristo Rey Network

(312) 784 – 7216 | brayford@cristoreynetwork.org