Koch grant to provide scholarships for Hispanic students

Koch Industries has made a $225,000 grant to a state-wide nonprofit that will provide college scholarships for Hispanic students.

The Wichita-based company said in a news release Wednesday that the grant was awarded to the Kansas Hispanic Education & Development Foundation. In addition to the scholarships, the grant is expected to provide general support to the nonprofit founded in 2007.

Koch said the grant will fund five $2,500 scholarships to be awarded each year for three years to Hispanic students majoring in certain fields.

“We are extremely grateful to Koch Industries and excited to begin this new partnership,” KHEDF board president Yolanda Camarena said in the release. “This grant will allow KHEDF to increase scholarships for students who pursue degrees in business and engineering. It will also provide seed money for the Foundation to grow as an organization and develop our education initiatives. As a result we will be able to make a significant impact on the lives of students and their futures.”

This story was originally published July 15, 2015 at 3:57 PM with the headline "Koch grant to provide scholarships for Hispanic students."