distance students receive first of a kind scholarship grants

information$ 30,000 education grants from Chela

Recognizing the growing popularity of distance education programs and the needs of distance learning students, Chela Education Financing has created the first merit-based scholarship program exclusively for distance students enrolled in accredited degree programs.

"We are very excited to be the leader in scholarship grants for distance learners," says Doug Dolton, President and CEO, Chela Education Financing. "We recognize that distance education is one of the most powerful solutions in the education field today, and we are pleased to include this scholarship in Chela's extensive list of financial aid solutions."

Chela estimates that in 2004, close to one million students will have enrolled in university distance degree programs. Categories of distance students include single parents, working adults, military personnel and the physically challenged.

The $30,000 "Go The Distance" Scholarship Program will bring higher education that much closer for 30 distance students, each of whom will be awarded $1,000 to apply towards their education costs. Scholarship applications will be accepted from April 20, 2004 until July 5, 2004.

Chela's fundamental philosophy "We're in it for the students" means fulfilling an obligation to all students, including nontraditional students such as distance learners. Chela recognizes these students face particular challenges balancing job, family and school responsibilities.