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$60,000 in Scholarships Awarded to 30 Local High School Graduates
Tuition Assistance Provided to College-Bound Students
12/2/2008

New York, NY - Time Warner Cable’s New York City Region today awarded $60,000 in scholarships at an awards breakfast at the Time & Life Building in New York City. This year’s recipients include 30 “Class of 2008” high school graduates selected from Time Warner Cable’s service areas -- New York City (Manhattan, Queens, Staten Island and Brooklyn), Mt. Vernon, Hudson Valley, and Bergen and Hudson Counties, New Jersey.  Each recipient will receive $2,000.  The scholarship program is exclusive to children of Time Warner Cable customers.

 “A college education today is both a necessity and expensive.  The cornerstone of our educational commitment is our scholarship program, and we’re investing in New York City’s future by helping our customers defray costs associated with higher education,” stated Harriet Novet,  Regional Vice President, Public Affairs.   “Our scholarship winners, students from Brooklyn to Bayside and Middletown, have distinguished themselves through their community and educational accomplishments, which are quite impressive.  It’s a privilege to be associated with their development.”  Novet launched the program eight years ago as she saw the costs of college rise when her son began the college application process. 

Since the inception of the program in 2000, over $360,000 has been distributed to local college-bound students.  Scholarships are awarded on the basis of financial need, community involvement and academic performance.

NY1 News’ Adam Balkin served as keynote speaker at the scholarship ceremony.  Balkin began his career with NY1 in 1997 as a writer, and is now the network’s Technology Reporter.  A graduate of Penn State University, Balkin spent time as an undergraduate working alongside reporters from ABC, NBC and CBS affiliate news stations.  NY1 is a 24-hour cable news network available exclusively to Time Warner Cable customers.

Time Warner Cable’s commitment to education includes scholarships to Puerto Rican Day Parade Scholarship winners, Harlem Week Scholarships, complimentary high speed internet access and video to public schools, internship and trainee programs, complimentary teacher resource guides and workshops for educators together with a variety of unique learning opportunities throughout the year. 

Scholarship recipients represent areas including Bayside, Rego Park, Flushing, Forest Hills, Palisades Park, Bloomingdale, Midwood, Middletown, Mount Vernon, Ozone Park, Little Neck and Staten Island.  Students plan to pursue higher education at colleges including Columbia, Syracuse, Georgetown, Bucknell, NYU, Stanford, Princeton and Fordham Universities.

http://www.timewarnercable.com/InvestorRelations/PressReleases/TWCPressReleaseDivDetail.ashx?PRID=2341&MarketID=50