CHICAGO, June 27,
2022 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, and Chicago Mayor Lori
Lightfoot have awarded 25 associate graduates from City
Colleges of Chicago with a
$5,000 scholarship towards their
four-year degree. For the sixth consecutive year, CME Group is
recognizing the academic achievements of Star Scholars at City
Colleges of Chicago, in step with
its mission to advance equitable opportunities for talented
students in Chicago.
"I'm proud of the hard work and dedication the students at City
Colleges of Chicago have
demonstrated through their academic achievements," said
Chicago Mayor Lori E. Lightfoot. "The Star Scholarship has
helped them achieve their goals, and has enabled thousands of other
students to succeed by giving them the opportunity to receive their
associate's degrees without debt. I'm thrilled to see these young
people excel in their careers and life."
"We are pleased to invest in a diverse group of Chicago's students as they work hard to
achieve success through higher education," said CME Group Chairman
and Chief Executive Officer Terry
Duffy. "Each year, the Star Scholarship program helps future
industry leaders access learning opportunities that can provide a
foundation for many rewarding careers."
All award recipients must be recent graduates from the City
Colleges of Chicago with a
cumulative GPA of 3.0 or higher. The scholarship from CME Group
will support these students in achieving a bachelor's degree in
accounting, business management, math, computer science (IT),
finance or economics at one of the Chicago Star Partner colleges
and universities.
"CME Group is an amazing corporate citizen and we commend them
for supporting our Star Scholar students with these generous
scholarships to four-year institutions," said Chancellor of City
Colleges of Chicago Juan Salgado. "With CME Group's generous
support, our students are better able to pursue their education
goals and dreams. We are grateful for their partnership and shared
mission that is transforming lives through education."
"I'm grateful to receive this scholarship, because it will help
me pay for things that federal aid didn't cover," said Marion Thomas, Richard J.
Daley College, Class of 2022. "It's an honor to be selected
as a Star Scholar, and now I can focus more on school and not have
to worry about student debt."
The Star Scholarship program at City Colleges of Chicago has helped more than 12,500 CPS
graduates pursue their associate degree debt-free. More than 360
Star Scholars have completed their associate degree in Spring 2022
with a GPA of 3.0 or higher, with 56% of the graduates looking to
transfer to a four-year university or college within the Fall 2022
semester.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives designed to help make college more
affordable and attainable for CPS graduates. Dating back to 1986
when CME Group and the City of
Chicago launched the CME Group Mayoral Award for Student
Achievement, CME Group has supported high-achieving CPS students in
pursuit of college degrees, resulting in thousands of annual
scholarships and a cumulative level of financial support exceeding
$2.5 million.
This year's award recipients will be recognized at a celebratory
luncheon event on Tuesday, June 28,
2022, at CME Group headquarters in Chicago.
For more information on the Star Scholarship at City Colleges of
Chicago, visit
www.ccc.edu/starscholarship.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks
of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and
EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial
Average, S&P 500 and S&P are service and/or trademarks of
Dow Jones Trademark Holdings LLC, Standard & Poor's Financial
Services LLC and S&P/Dow Jones Indices LLC, as the case may be,
and have been licensed for use by Chicago Mercantile Exchange
Inc. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group