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Thrivent Financial to provide $7.4 million in member scholarships in 2003



MINNEAPOLIS (March 27, 2003) -- Thrivent Financial for Lutherans announced today it is providing $7.4 million in educational scholarships to Thrivent Financial members in 2003. The scholarships will benefit 2,824 students attending four-year Lutheran, public and private colleges, universities, and two-year vocational/technical schools.

Thrivent Financial Member Scholarships are awarded based on factors such as academic achievement, leadership and volunteer service. The scholarships range in size from $500 to $2,000 annually, based on the type of school the student attends.

“Lutherans have long recognized the importance of higher education in preparing for their futures,” said Vera Miller, manager of Member Scholarships. “Thrivent Financial is pleased to assist outstanding students prepare for their adult vocations through this financial assistance.” Thrivent Financial currently is developing alternative college-affordability solutions that will help even more members with higher education costs.

For more than 50 years, Thrivent Financial has provided educational scholarships as a benefit to students who are members of the organization (these scholarship were provided through Thrivent Financial’s predecessor organizations, Aid Association for Lutherans and Lutheran Brotherhood).

Thrivent Financial for Lutherans (the merged entity of Aid Association for Lutherans and Lutheran Brotherhood) is a not-for-profit Fortune 500 financial services organization helping nearly 3 million members achieve their financial goals. Thrivent Financial offers a wide range of financial solutions and has $57.2 billion (Dec. 31, 2002) in assets under management. For more than 100 years, Thrivent Financial has provided gifts and grants to Lutherans, their families, institutions and communities. For more information about Thrivent Financial, visit www.thrivent.com or call 1-800-THRIVENT (1-800-847-4836) and select option 3.


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Thrivent Financial to provide $7.4 million in member scholarships in 2003 - Thrivent Financial