Global Atlantic Launches College Scholarship Program

Program will award $50,000 in scholarships to rising college sophomores with an interest in the insurance or financial services industries

NEW YORK, NY — May 21, 2024 — Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced the launch of the Global Atlantic Scholarship Program. This new initiative will help support individuals on their educational journey as they pursue their undergraduate degrees with an interest in the insurance or financial sectors. The program is designed to have a strong focus on assisting students from underserved backgrounds.

For the inaugural year of the program, Global Atlantic will award 10 one-time scholarships of $5,000 each to students entering their sophomore year at a four-year college or university in the United States. The firm’s investment in the education of these students reflects its commitment to fostering inclusivity and promoting equal opportunities in higher education.

“We believe that every individual should have the opportunity to pursue their academic dreams without the burden of financial constraints,” said Shellie Peters, Head of Charitable Giving and Benefits at Global Atlantic. “We are proud to support the next generation of insurance and financial services leaders. This program is in line with several other scholarship initiatives Global Atlantic has launched and continues to support.”

“Education is one of the most powerful tools that an individual can possess. It has the power to break down barriers, propel dreams, and make a meaningful difference in the world around us,” said Ashanti Osbourne, Head of DE&I for Global Atlantic. “As stewards of corporate citizenship and believers in inclusion, we feel providing financial support is a meaningful way to empower the talent of the future.”

Scholarship Program Criteria

This program is open to students with an interest in the insurance and/or financial services industries who will be enrolled full-time at a four-year college/university in the United States as a sophomore in the fall 2024 semester (with a projected graduation date of December 2026 or May 2027). Students also must have a 3.0 cumulative GPA. Applicants will be evaluated based on their academic achievement, community involvement, volunteerism and essay submission.

Application Deadline

The deadline to apply for the 2024-25 Global Atlantic Scholarship Program is June 13, 2024. For more information, visit globalatlantic.com/scholarship.

This program is administered by International Scholarship and Tuition Services Inc., an independent company that specializes in managing sponsored educational assistance programs.

About Global Atlantic
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to help create more secure financial futures. The company’s performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR’s investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR’s parent company is KKR & Co. Inc. (NYSE: KKR).

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Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries.

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Carissa (Miller) Willcoxon
Director of Marketing | ISTS
cwillcoxon@applyISTS.com
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