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Shameful Occurrences

by Black Issues , August 19, 1999

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15) The Check is in the Mail
Disappointed students who thought they had won $10,000 academic scholarships had to find other sources of financial aid after the company that sponsored the awards announced that it did not have the money. Fifty-one students were promised "Scholar-Leadership Awards" by Val Adams, the founder of Adamsvision, USA, an event-planning company in January 1998. A year later, Adams sent a letter to the winners informing them that he "he wasn't financially capable of honoring" the scholarships. This case did have a silver lining however.  After media accounts of the missing scholarship money, several of the winners did receive financial aid from other sources.
*As ranked in a 1999 USA Today/ESPN report based on 1998 NCAA Division I Graduation Rates                                                 
 — Compiled by Cheryl D. Fields and Michele N-K Collison



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