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Rite Aid Foundation program awards nearly $2 million in scholarships

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CAMP HILL, Pa. — More than 400 students have been named recipients of Folds of Honor educational scholarships through The Rite Aid Foundation’s KidCents program.

The round of scholarships, totaling more than $1.8 million, is the first to be awarded as part of The Rite Aid Foundation’s three-year, $6 million commitment to Folds of Honor, a nonprofit organization based in Owasso, Okla., that provides educational scholarships to children of fallen or disabled service members.

From now until Oct. 14, Rite Aid associates will recognize students receiving the scholarships at special in-store events. Each student also will receive a commemorative certificate and Rite Aid gift card.

“It’s exciting to see The Rite Aid Foundation’s relationship with Folds of Honor continue to grow and we are especially thrilled to increase our level of support by providing an even greater number of educational scholarships to these most-deserving students,” Rite Aid Foundation president Ken Martindale, CEO of stores and president of Rite Aid Corp., said in a statement. “We are proud to stand with Folds of Honor and look forward to doing even more with this incredible organization in honor of our country’s military heroes and their families.”

Through KidCents, members of Rite Aid’s wellness+ with Plenti rewards program can round up their in-store or online purchases to the nearest dollar and give their change to one of more than 360 nonprofit groups focused on improving the health and well-being of children.

“Only through the generosity of partners like The Rite Aid Foundation is Folds of Honor able to deliver on its mission of honoring our nation’s heroes through education,” stated Major Dan Rooney, founder of Folds of Honor. “Our scholars and their families are so grateful for The Rite Aid Foundation’s unwavering commitment and continued support. Together, we are making sure that every Folds of Honor scholarship recipient is able to pay tribute to the sacrifice and legacy of their parent through their pursuit of academic excellence.”


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