Anchor Scholarship Foundation

Leonardo DRS Pledges Support to the Anchor Scholarship Foundation

Leonardo DRS is pledging its support to the Anchor Scholarship Foundation and their mission to make college more affordable for U.S. Surface Navy families. It's an investment in deserving scholars and everything that they will bring to our communities, to this country and to the world.

Anchor Scholarship Foundation exists to make college more affordable for Surface Navy families. It’s an investment in deserving scholars and everything that they will bring to our communities, to this country and to the world.

Freedom is not free. It is paid for with the sacrifices of the extraordinary men and women defending our nation. However, these service members do not bear this responsibility alone. Their families face unique challenges brought on by frequent moves and new schools and multiple deployments. Certainly, all families face hard challenges; but those faced by military families redefines hard.

Taking on surmountable college debt should not be one of these challenges. For over 40 years, Anchor Scholarship Foundation has served its mission to “make college more affordable for U.S. Surface Navy families.” This is why, since our inception, we have awarded over $1,300,000 in scholarships to over 1,200 eligible family members.

Anchor scholarships are awarded based upon an equal weighting of academic performance, character, extracurricular activities and financial need. These scholarships go beyond just mitigating the cost for a college education; they validate the hard work, dedication and sacrifices of our amazing Navy family members.

There are several different types of scholarships; all of which can be applied for with ONE scholarship application:

• Anchor Scholarships: Awarded to dependents of Surface-qualified U.S. Navy sailors who meet the eligibility criteria. Anchor Scholarships range from $2,000 - $2,750. These scholarships are made possible by donations made to the Foundation’s Annual Fund.
• Administered Scholarships: The Administered Scholarship Program was established in 2016, and allows a company or individual the ability to fund a scholarship in their name that as additional selection criteria (e.g., command dependent, officer or enlisted dependent, STEM student, geographic location). A minimum donation of $2,500 is required to establish an administered scholarship, and an administrative fee is assessed.
• Endowed Scholarships: Our endowed scholarships typically honor a favorite command, person or company, and range in size depending on the amount of the gift used to establish the endowment fund. Each endowed scholarship fund is a legacy of the honoree and provides funding for the scholarship in perpetuity. These scholarships may be renewable or annual, and may require additional selection criteria.