First Hawaiian & Guam Business Magazine Award $20K in Scholarships

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Guam – First Hawaiian Bank and Guam Business Magazine awarded a total of $20,615 in scholarships to 15 students in recognition of their outstanding academic achievements.

Six students from Guam and nine students from Saipan are the recipients of the 2012 First Hawaiian Bank Guam Business Magazine Businesswoman of the Year scholarship awards.

Since 2006, the program has awarded a total of $138,450 in scholarships to 64 deserving students in the community.

The First Hawaiian Bank and Guam Business Magazine Businesswoman of the Year Award program provides funding for student scholarships at three higher education institutions in the Mariana Islands:  University of Guam, Guam Community College and Northern Marianas College. The scholarships are intended to promote higher education through financial assistance for college students pursuing professional careers.

The following Guam college students today were presented with First Hawaiian Bank Guam Business Magazine Businesswoman of the Year scholarships at a special awards presentation held at the First Hawaiian Bank Maite Branch:

University of Guam:

Marie Fraince Javier
Jay-Lynn Mendiola
Ira Marie Palero

Guam Community College:

Floregine Dela Cruz
Ageline Sahagun
Ha’ane-Joy San Nicolas

Scholarships were presented to the following nine Saipan students at a similar award presentation held yesterday at the Northern Marianas College in Saipan.

Northern Marianas College:

Nazario Omar Ajoste
Candelaria Tabora Aldan
Jatana Cabrera
Marie Luise Del Carmen
Kathleen Ann Laurio
Yolanda Lizama
Alvijane Manabat
Keneisha Parks
Eldred Sanchez

The scholarships were awarded based on the recipients’ total number of credit hours enrolled in the fall semester, their grades, involvement in the community and potential to become successful businesspeople. All applicants were required to submit a written essay and evidence of financial need. Each of the recipients has a grade point average of 3.0 or higher.  Applications were open to full-time and part-time students of the three educational institutions.

Funds for the scholarships were raised through the 2012 First Hawaiian Bank Guam Business Magazine Businesswoman of the Year Gala, held on April 28, 2012. In addition to raising funds for these scholarships, the annual event recognizes women who make a difference in business.

The 2012 Businesswoman of the Year Maga’haga award recipient was Mary P. Torre, president of Guam Hotel & Restaurant Association and president of MARQ Consulting Services. Past recipients include Joyce Quinata Crisostomo, executive director of Cars Plus and president of Payless Car Rental; Anna Wang Kao, founder and president of Genghis Khan Furniture Co.; Lorraine S. Okada, executive manager of Carlsmith Ball LLP and president and owner of Managing Consulting Services; Julienne Rose Perez Duenas, physical therapist, owner and clinical director of Sports, Orthopedic and Active Rehabilitation Inc.; Christine Won Pat Baleto, general manager of Market Wholesale Distributors; and Katherine Calvo Sgro, executive vice president and chairwoman of the board for Pay-Less Markets Inc.