FREDERICK, Md. -

As part of its education outreach, the National Auto Auction Association revealed this year’s 12 Warren Young Sr. Scholastic Foundation scholarship winners.

The foundation has been around since 2004 and doles out $40,000 each year in merit scholarships. Eligible applicants are full-time employees of NAAA member auction or corporate offices or children/grandchildren of an employee.

The applicant is required to be enrolled full-time for the upcoming academic year at an accredited institution pursuing an undergraduate degree.

The range of scholarships offered range from $2,000 per association for a two-year college/vocational-technical school all the way to $4,000 doled out per chapter for a student attending a four-year school.

Applicants are evaluated based on a number of criteria, including academic record, leadership skills, honors, goals and aspirations, work experience and community involvement. Third-party Scholarship America examines the applications and makes recommendations to NAAA, which also considers strict guidelines in choosing the winners.

“Over the years our Scholastic Foundation has helped dozens of deserving students from the NAAA family pursue their dreams of a higher education, thanks to the benevolent spirit and generous support of member auction and their affiliates,” commented NAAA President Jay Cadigan.

He continued: “The Scholastic Foundation is a major example of our commitment to education and training opportunities for all our members.

“Fostering younger members of our industry to encourage their participation today is essential for the NAAA and the remarketing industry of tomorrow,” Cadigan went on to add.

There were 53 applicants and the following were selected to receive awards: