Friday, October 17, 2014

Please donate to the SVEDC - NIC dual credit scholarship fund

Vince Rinaldi worked with North Idaho College to create the Silver Valley Economic Development Dual Credit Scholarship fund. The scholarship fund gives Silver Valley juniors and seniors the opportunity to start earning college credit at a reduced cost. These students are our future workforce, but many are unable to cover the cost of dual credit classes. As a community we can help keep college in reach and an attainable goal for our students.

We are in the midst of a fundraising campaign and have two matching pledges - $2,500 from Panhandle State Bank, and $2,500 from Athenaia LLC. We need to raise a mere $2,500 to receive both matching pledges. $2,500 in donations will result in $7,500 total donations. We are close to our goal but time is running out! Every little bit helps. Please donate.

What is the North Idaho College Dual Credit Program?
Dual credit provides high school juniors and seniors the opportunity to enroll in North Idaho College classes for both high school and college credit. Students at Wallace and Kellogg high schools are eligible to enroll in dual credit courses. Students should be at least 16 years old and/or have successfully completed at least half of their high school graduation requirements. A minimum 3.0 GPA is recommended. For additional program information, go to www.nic.edu/dualcredit.

What is the Silver Valley Economic Development Corporation - North Idaho College (SVEDC-NIC) Dual Credit Scholarship and why was it established?
The Silver Valley Economic Development Corp-NIC Dual Credit Scholarship was established in 2005 through the fundraising efforts of the Silver Valley Economic Development Corporation (SVEDC) to provide financial assistance to high school students in Shoshone County. The SVEDC-NIC Dual Credit Scholarship is managed through the North Idaho College Foundation, and 100 percent of the funds go to help deserving Shoshone County students in their pursuit of an education.

Because dual credit students are not eligible to apply for Federal Financial Aid, the scholarship was established to support Silver Valley students with their education. To date, the SVEDC-NIC Dual Credit Scholarship has assisted 80 students with tuition, fees and/or books. Without this financial assistance, many of these students would not be able to enroll in dual credit courses.

How can I make a difference in the lives of Silver Valley students?
The Silver Valley Economic Development Corporation has expressed an interest in building the SVEDC-NIC Dual Credit Scholarship fund to assist a greater number of students. Individuals, businesses, and social organizations in the Silver Valley are encouraged to contribute to the scholarship. In addition, Panhandle State Bank will match up to $2,500 for all donations made to the NIC Foundation by October 31, 2014 in support of the SVEDC-NIC Dual Credit Scholarship.

Please partner with us by investing in the SVEDC-NIC Dual Credit Scholarship as we strive to ensure all students have access to an excellent education right here in this region. The success of these students will in turn have a positive effect on our community and the overall economy.

What are the tax benefits of making a donation to the North Idaho College Foundation?
Donations to the NIC Foundation are eligible for a 50% state tax credit! If you itemize your taxes, your gift may be eligible for both a federal and state tax deduction plus the Idaho State tax credit. For example, a gift of $1,000 made by a married couple in the 25% tax bracket who itemize their tax return, could have a true donor cost of as little as $172.
Mail your contribution today!

North Idaho College Foundation
1000 West Garden Avenue, Coeur d'Alene ID 83814
(208) 769-5978

Or donate online at: www.nic.edu/foundation