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Pay Down School Debt With SEMA Loan Forgiveness

By Zane Clark

education
Applications for loan forgiveness and automotive scholarships for current students are now available through the SEMA Memorial Scholarship Fund (SMSF).

As an exclusive member benefit, SEMA offers loan forgiveness awards to employees who are working for SEMA-member companies and paying off existing student loans.

“Employers are encouraged to share this great resource with all their employees,” said Zane Clark, SEMA education director. “Our hope is that we’ll continue to attract, retain and reward highly qualified employees that contribute and make strong, positive impacts in our industry.”

Applications for loan forgiveness and automotive scholarships for current students are now available through the SEMA Memorial Scholarship Fund (SMSF). Students preparing for careers in the auto or auto-parts industries may be eligible for financial awards of up to $5,000.

The SMSF is dedicated to fostering the next generation of automotive aftermarket industry leaders and innovators. Scholarship awards range from $2,000 to $3,000, with $5,000 going to the top student. Assistance is available for career paths in the automotive industry in accounting, engineering, race car driver/crew, administration, information technology, sales/marketing, advertising, manufacturing, technicians, design/graphics, photo/journalism and transportation.

The application deadline for all SMSF awards is March 1, 2016. For additional details, visit SEMA’s website or contact Juliet Marshall at julietm@sema.org or 909-978-6655.