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FOR IMMEDIATE RELEASE CONTACT: MYRNA WHITEHEAD
April 5, 2013 806-716-2212
TALKINGTON ENDOWMENT WILL PROVIDE COLLEGE OPPORTUNITIES FOR SPC STUDENTS
LEVELLAND – South Plains College is the recipient of a $2,000,000 grant that will establish the J.T. and Margaret Talkington Opportunity Scholarship Endowment, college officials announced this week.
The endowment, made possible through a grant from the J.T. and Margaret Talkington Charitable Foundation, will provide scholarships for graduates of high schools located in Lubbock and Hockley Counties to attend South Plains College.
“We are most grateful to the Talkington Foundation for this legacy endowment that will help remove financial barriers for future SPC students to attend college,” said Dr. Kelvin Sharp, president. “It will create tremendous opportunity for students to pursue and achieve an associate degree for transfer to a university or for employment in a chosen career field.”
This is the largest single grant that has been received by the South Plains College Foundation, which will administer the endowment. In time, the endowment is expected to provide more than $100,000 annually to fund scholarships. The college’s goal is for the fund to provide scholarship support for an additional 100 students.
“It was the desire of J.T. and Margaret Talkington that the Talkington Foundation consider grants not only in Lubbock County but also in Hockley County,” said Norton Baker, president of the board of directors of the J.T. and Margaret Talkington Charitable Foundation. “Many women in Hockley County shopped at and were faithful customers of “Margaret’s.” The Talkington Foundation is pleased to partner with South Plains College in this scholarship endowment.”
In 2011-12, the South Plains College Foundation provided $538,950 in scholarship support to 722 SPC students. For the current academic year, the SPC Foundation is expected to fund $583,000 in scholarships for more than 700 students.
“The Talkington Opportunity Endowment will enable the college to increase annual scholarship awards by 17 percent and assist additional students,” said Dr. Sharp. “It will play an important role in the recruitment of students from Lubbock and Hockley Counties and will contribute to growing enrollment at South Plains College. We are very excited to partner with the Talkington Foundation to expand higher education opportunities in our service area.”
SPC officials anticipate the first scholarships from the Talkington Opportunity Endowment will be awarded to students for the fall 2014 semester.