The Binc Foundation has announced its 2016 Higher Education Scholarship winners. The program is awarding 27 scholarships, totaling $109,000, to eligible current bookstore employees/owners and their dependents, as well as former Borders Group employees and their dependents. There are two $10,000 scholarships, 24 $3,500 scholarships and one $5,000 Karl Pohrt Memorial Scholarship, which is granted to an independent bookstore employee candidate who has overcome learning adversity or is a non-traditional student. The scholarships can be used for tuition, fees, books, supplies and room and board, and can be used over consecutive years if the student is not able to use the entire award for the 2015-2016 academic year.
Since 2001, the Foundation has granted more than $1.8 million in educational awards to more than 600 booksellers.