Chick-fil-A increases scholarship investment with $14.5 million to team members

Credit: OLIVIER DOULIERY

Credit: OLIVIER DOULIERY

Chick-fil-A@ is awarding more

than 5,700 Team Members $14.5 million in scholarships. The investment

in this year's program marks a $5.7 million increase since 2017 and is

the one of the highest unrestricted per-employee scholarship

investments in the industry. Team Members who are beginning or

continuing their higher education will be awarded scholarships in the

amount of $2,500 or $25,000.

Chick-fil-A's "Remarkable Futures" education initiative allows

students employed by the company's local franchise Operators to

receive up to $25,000 in scholarships that can be applied for any area

of study at any accredited institution of their choice, including any

two- or four-year colleges and universities, online programs or

technical/vocational schools. There is no requirement of hours worked

or length of service to qualify.

In addition to $14.5 million in scholarships, all of Chick-fil-A's

120,000 Team Members also have access to tuition discounts and other

educational benefits at 100 colleges and universities nationwide.

"We want to provide Team Members with not only essential job skills

and leadership development opportunities while working in Chick-fil-A

restaurants, but also help them receive the best education to support

their career aspirations - whatever they may be," said Rodney Bullard,

vice president of Community Affairs at Chick-fil-A and executive

director of the Chick-fil-A Foundation. "We are excited that we've

been able to increase the funding this year to help even more Team

Members attend the college or university of their dreams."

Chick-fil-A's Remarkable Futures Initiative includes three educational

assistance opportunities:

-- Chick-fil-A Leadership Scholarship: In 2018, 5,728 students will

receive a $2,500 scholarship for the 2018-2019 academic year. Team

Members may re-apply for up to four years - for a potential total of

up to $10,000 for college while working at a Chick-fil-A restaurant.

These scholarships are awarded to Chick-fil-A Team Members based on

leadership, academic achievement and community involvement.

-- True Inspiration Scholarship: In 2018, 13 Team Members will receive

an individual, one-time award of $25,000. These scholarships will be

awarded to Chick-fil-A restaurant Team Members based on demonstrated

financial need, leadership, academic achievement and community

involvement. This year's True Inspiration Scholarship recipients have

logged an average of 450 hours of community service each.

-- Educational Assistance Opportunities: In addition to scholarships,

Chick-fil-A is offering all Team Members access to tuition discounts

of up to 30 percent and other educational benefits at 100 colleges and

universities across the country. The benefits can be combined with

either of the above scholarships.

To be eligible for these opportunities, applicants must be employed by

a Chick-fil-A franchise Operator, a Chick-fil-A, Inc.-operated

restaurant or an S. Truett Cathy (STC) brand restaurant.

Chick-fil-A, Inc. began awarding scholarships to team members in 1973

based on founder S. Truett Cathy's desire to incentivize team members

to further their education. Since then, nearly 46,700 Team Members

have received scholarships from Chick-fil-A, Inc., bringing the total

amount funded to more than $60.5 million, and applied at more than

3,000 schools nationwide.

About Chick-fil-A, Inc.

Atlanta-based Chick-fil-A, Inc. is a family owned and privately held

restaurant company founded in 1967 by S. Truett Cathy. Devoted to

serving the local communities in which its franchised restaurants

operate, and known for its original chicken sandwich, Chick-fil-A

serves freshly prepared food in more than 2,200 restaurants in 47

states and Washington, D.C.

Chick-fil-A reported over $9 billion in revenue in 2017, which marks

50 consecutive years of sales growth. A leader in customer service

satisfaction, consumers voted Chick-fil-A, Inc. #4 in Harris Poll's

annual corporate reputation survey, ranking the company 4th out of 100

in 2018. Chick-fil-A was also recognized for customer experience again

in the 2018 Temkin Experience Ratings survey, was named "Best

Franchise Brand" in 2018 by Airport Revenue News and was named one of

the top 100 best places to work by Glassdoor in 2017. Continuing its

founder's legacy of generosity and service, in 2017 the company's

philanthropic Chick-fil-A Foundation awarded $1.23 million to 23

not-for-profit organizations across 13 states through the True

Inspiration Awards and almost $9 million in scholarships to restaurant

Team Members nationwide. More information on Chick-fil-A is available

at www.chick-fil-a.com.