CHICAGO, June 29, 2020 /PRNewswire/ -- Mayor
Lori E. Lightfoot joins CME Group,
the world's leading and most diverse derivatives marketplace, in
recognizing 25 City Colleges of Chicago graduates who will receive
scholarships from the company to continue their education at a
four-year college or university. The winners recently graduated
from Chicago's community college
system with an associate degree, having earned it debt free as
recipients of the Chicago Star Scholarship. Each student will
receive an additional $5,000
scholarship over two years from CME Group to support completion of
their bachelor's degree, creating more opportunities for students
with diverse economic backgrounds to pursue their higher education
goals.
"The Star Scholarship program expands equity and opportunity for
our dedicated students, helping us build a stronger pipeline of
talent across Chicago," said Mayor
Lori Lightfoot. "CME Group
recognizes the strength and determination within our community
colleges, and we are honored to help these students reach the next
milestone in their path to success."
"We are proud of all the hard-working students we are able to
help support as they continue their college education," said CME
Group Chairman and Chief Executive Officer Terry Duffy. "We wish these scholars great
success in finishing their studies and starting their careers,
which will help power both our local and global economy going
forward."
For the fourth year in a row, CME Group selected 25 Star Scholar
students from City Colleges of Chicago to receive scholarships that will
support them in furthering their college career with a bachelor's
degree in accounting, management, math, computer science (IT),
finance or economics at one of the Chicago Star Partner colleges
and universities in the fall.
"I want to thank CME Group for creating the opportunity for
talented and hard-working students to pursue their academic goals,
regardless of their financial means," said Chancellor Juan Salgado. "Together, we are putting City
Colleges students on the path to upward mobility and helping to
create a more inclusive Chicago
economy."
The Chicago Star Scholarship program at City Colleges of
Chicago has helped more than 8,550
CPS graduates attend college tuition-free. Star Scholars are
diverse, representing more than 75 Chicago ZIP codes and more than
175 CPS high schools. Forty-four percent of first-time, full-time
Star Scholars who started in Fall 2016 graduated from City Colleges
within three years, exceeding the national average for community
colleges.
CME Group joined the Star Scholars movement in 2017 after a long
partnership with the City of
Chicago on initiatives designed to help make college more
affordable and attainable for CPS graduates. Dating back to 1986
when CME Group and the City of
Chicago launched the CME Group Mayoral Award for Student
Achievement, CME Group has awarded nearly $2.2 million to thousands of high-achieving CPS
students in pursuit of college degrees.
Recipients of this year's CME Group Star Partnership Mayoral
Award graduated in May and Summer 2020 with a cumulative GPA of 3.0
or above and a major in accounting, management, math, computer
science (IT), finance or economics.
For more information on the Chicago Star Scholarship at City
Colleges of Chicago, visit
www.ccc.edu/starscholarship.
As the world's leading and most diverse derivatives marketplace,
CME Group (www.cmegroup.com) enables clients to trade futures,
options, cash and OTC markets, optimize portfolios, and analyze
data – empowering market participants worldwide to efficiently
manage risk and capture opportunities. CME Group exchanges offer
the widest range of global benchmark products across all major
asset classes based on interest rates, equity
indexes, foreign exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing. With a range of pre- and post-trade products and
services underpinning the entire lifecycle of a trade, CME Group
also offers optimization and reconciliation services through
TriOptima, and trade processing services through Traiana.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board of Trade are trademarks
of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile
Exchange and ClearPort are trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of
BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana,
Inc., respectively. Dow Jones, Dow Jones Industrial
Average, S&P 500 and S&P are service and/or trademarks of
Dow Jones Trademark Holdings LLC, Standard & Poor's Financial
Services LLC and S&P/Dow Jones Indices LLC, as the case may be,
and have been licensed for use by Chicago Mercantile Exchange
Inc. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group