Over $280,0000 Awarded in Local Scholarships
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on Monday, May 12, 2025
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This year, 75 students from Adair, Adams, Taylor, and Union counties received $281,700 in scholarships from The W.D. & Shirley Schafer-Ray Educational Trust. Scholarship amounts ranged up to $10,000 and will support students as they pursue higher education in the 2025-2026 academic year.
The scholarship is awarded to students in various educational programs, from trade schools to doctorate degrees. A portion of the scholarships are designated for students attending Southwestern Community College, supporting those who choose to begin their education closer to home.
Now in its fourth year, The W.D. & Shirley Schafer-Ray Educational Trust has awarded over $940,000 in scholarships. The Trust will continue to make higher education more accessible for many years to come.
Iowa State Savings Bank serves as trustee for The W.D. & Shirley Schafer-Ray Educational Trust. On behalf of Doug and Shirley, the bank manages the application and award process and helps carry on their legacy of helping local students reach their educational goals.
Follow The W.D. & Shirley Schafer-Ray Educational Trust Facebook page as they recognize this year’s recipients.