Time Inc. has also awarded 80 scholarships, totaling $400,000, to business students.
The Foundation has awarded over 3,700 scholarships totaling more than $5.5 million.
To date, the Foundation has awarded more than 280 scholarships totaling over a quarter of a million dollars.
Originally the program dispersed more than 42,000 scholarships totaling about $70 million.
These students accepted over 300 scholarships totaling nearly $2 million.
Finalists will compete for scholarships totaling $530,000, an increase of $230,00 from last year.
Finalists will compete for scholarships totaling $330,000, an increase of $125,000 from 1998.
Six years into the program, the organization had granted five scholarships totaling $10,000.
By 2010, a cumulative 350 or more individual scholarships totaling in excess of $1,000,000 had been granted.
In the last five years seniors have earned scholarships totaling over $76,248,193.