Northwestern Mutual to award $500K in scholarships to childhood cancer survivors, siblings

Company has awarded nearly $2 million since scholarship program began

Northwestern Mutual to award $500K in scholarships to childhood cancer survivors, siblings

Insurance News

By Ryan Smith

Northwestern Mutual has announced that, through its foundation, it will grant a total of $500,000 in scholarships to 50 childhood cancer survivors and childhood cancer siblings through its Childhood Cancer Scholarship Program.

With the latest addition, nearly $2 million has been awarded to 262 scholars since the program’s 2017 launch, Northwestern Mutual said.

“A childhood cancer diagnosis affects families in many ways, and for many there is a financial burden – from treatment and medication to travel and lodging,” said Steve Radke, president of the Northwestern Mutual Foundation. “To allow students affected by childhood cancer the opportunity to pursue their dreams, regardless of the financial implications associated with the disease, Northwestern Mutual is announcing the opening of applications for our 2024 Childhood Cancer Scholarship Program.”

Applications for the 2024 scholarship program are being accepted through Feb. 1. The program is administered through Scholarship America, and is for full-time undergraduate studies. Students must be a childhood cancer survivor or the sibling of someone who had or has childhood cancer in order to qualify.

Founded in 2012, Northwestern Mutual’s Childhood Cancer Program has contributed more than $50 million and funded more than 600,000 hours of research.

Earlier this year, Northwestern Mutual was named one of the nation’s best companies for diversity by Black Enterprise magazine. The company has also received a perfect score on the Disability Equality Index.

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