Cumberland Farms Awards Annual Believe & Achieve Scholarships

Published in CSP Daily News

Retailer helps 130 students from 11 states this year

FRAMINGHAM, Mass. -- Cumberland Farms said that 130 talented high school seniors from 11 states have been awarded Believe & Achieve Scholarships to help them attend college in the fall of 2013.

Cumberland Farms' scholarship program began seven years ago and has already provided more than 900 college-bound young adults with critical financial assistance to help them realize their dreams of achieving a college education.

As part of the company's commitment to nurturing the future of young people, the program provides $1,000 scholarships to eligible graduating high school seniors across its service area. This year, Cumberland Farms is awarding $130,000 in Believe & Achieve Scholarships to 27 students in Massachusetts, 23 in Florida, 20 in New York, 16 in Pennsylvania, 13 in New Jersey, 11 in Connecticut, eight in Maine, four each in New Hampshire and Rhode Island, three in Vermont and one in Delaware.

Through the assistance provided by these scholarships, students will be attending a wide cross-section of institutions this fall, including Harvard, Yale, Cornell, Johns Hopkins, Purdue, University of Massachusetts, Clemson, University of Michigan, Princeton, University of Florida, University of Southern California, New York University, University of Miami and more.

"We are very proud of the difference we are making through our Believe and Achieve Scholarship Program," said Ari Haseotes, group COO for The Cumberland Gulf Group of Cos. "We are passionate about helping young adults succeed, and this program is a great way for us to provide the financial support that bright and ambitious students need. Over the past seven years we have helped over 900 students from the communities we serve attend college, and gain the skills and knowledge they need to excel in the future."

The program is open to students entering a full-time undergraduate course of study at an accredited college, university or vocational-technical school in the fall of 2013 who live within 30 miles of any Cumberland Farms store. Scholarships were awarded based on a student's academic performance, as well as the student's financial need. Winners were notified over the past two weeks. The application process for next year's scholarship program will open in Oct. 2013.

Since formalizing its Corporate Giving Program seven years ago, Cumberland Farms has donated millions of dollars in cash and products to causes that directly benefit thousands of young people through scholarships, direct-to-school programs, youth sports, local fundraising and more.

Cumberland Farms has a market-leading position throughout the Northeast as well as a significant presence in the Mid-Atlantic region and Florida. Cumberland Farms is parent company to Gulf LP, one of the largest wholesalers of refined petroleum products in the Northeast and Mid-Atlantic. In 2012, the Cumberland Group generated approximately $15 billion of sales through a footprint of approximately 600 c-stores operated under the Cumberland Farms banner and through the operations of its subsidiary Gulf Oil. The Cumberland Group, Framingham, Mass., is a privately held, family-owned and managed company that includes real estate and midstream gasoline operations.