Contact: Anna Tiedeman
202.835.9406
202.441.5832
Anna.Tiedeman@Ketchum.com

Horatio Alger Scholarships Top $11.5 Million in 2007

National Scholarship Award Doubles to $20,000 per Student as October 30 Application Deadline Approaches

WASHINGTON (September 6, 2006) - The Horatio Alger Association of Distinguished Americans announced today that in 2007 it will award over eleven million dollars in college scholarships to young adults. One of the nation's largest private providers of need-based scholarships, the association will double its national scholarship to $20,000 per recipient; 106 young adults will be selected for the 2007 academic year. Additionally, the Horatio Alger Association will grant hundreds of state scholarships ranging between $2,500 and $6,000, as well as $5,000 military scholarships to U.S. veterans of the Iraq and Afghanistan conflicts.

October 30, 2006 is the deadline for all scholarship applications. Additional information can be obtained at www.horatioalger.org. Recipients are chosen based on their perseverance in overcoming adversity. Additional consideration is given to financial need, academic record, commitment to pursue a college education and desire to contribute to society.

"I believe deeply in the Horatio Alger Association's mission of providing youth that have overcome challenges the opportunity to pursue their dreams through education. Education is the first step toward a bright future and we are proud and honored to help so many deserving young Americans pursue the American dream," said Horatio Alger Association President and CEO and ARAMARK Corporation Chairman and CEO, Joe Neubauer.

Distinguished members, united by their drive to succeed in spite of adversity include talk show host Oprah Winfrey, Associate Supreme Court Justice Clarence Thomas, CNN anchor Lou Dobbs, famed author Maya Angelou, former President Ronald Reagan and many others.

About The Horatio Alger Association

The Horatio Alger Association offers three annual scholarship programs: the National Scholarship Program for high school seniors, various state scholarship programs and the Horatio Alger Military Veterans Scholarship Program for U.S. veterans of the Afghanistan and Iraq conflicts. Award winners receive financial aid counseling and internship placement assistance.

The Horatio Alger Association is a non-profit educational association named after Horatio Alger, the 19th century author famous for his popular rags to riches stories. Through the generosity of its members, more than $11.5 million in need-based college scholarships are awarded annually to promising young people nationwide. For additional information about the Horatio Alger Association's members, programs, and scholarships, please visit www.horatioalger.org.

# # #