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SAN ANTONIO, Texas – The Wal-Mart Foundation provided a $40,000 grant to the Hispanic Association of Colleges and Universities (HACU) to support the Wal-Mart Achievers Award scholarship program for students attending HACU member colleges and universities.

The Wal-Mart Foundation is the philanthropic arm of international retailer Wal-Mart Stores Inc., which operates more than 4,000 stores in the United States and abroad.

“We applaud the generosity of Wal-Mart for its continuing support of the Hispanic higher education community,” HACU President and CEO Antonio R. Flores said. “Their investments in our students are an investment in a better future for all of us.”

Wal-Mart Achievers Award scholarship applicants must attend one of HACU’s more than 300 member and partner colleges and universities located in 26 states and Puerto Rico. HACU member colleges and universities collectively serve more than two-thirds of all Hispanic higher education students.

Wal-Mart Achievers Award scholarship applicants must be full-time undergraduate students enrolled in at least their sophomore year, having completed a minimum one year of full-time study. Students must demonstrate financial need through eligibility for federal- or state-funded programs. Students must be declared majors in business administration, general management, retail management, or equivalent majors or fields of study. Applicants for the HACU-administered scholarship must possess a minimum cumulative GPA of 3.0. Preference will be given to students who are working while attending school, and with an interest in retail management.

For more information, contact HACU Communications Director Daniel Casillas at (210) 692-3805. Ext. 3249. Or visit www.hacu.net.