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Plymouth Meeting Student Awarded Northwestern Mutualâ€™s Childhood Cancer Survivor Scholarship
Scholarship program created to ease financial stress, help students pursue college education
PLYMOUTH MEETING — The costly treatment associated with childhood cancer can lead to long-term financial challenges, including questions of how to afford higher education. Northwestern Mutual is committed to helping children and families affected by this disease achieve their college dreams. As part of these efforts, Plymouth Meeting resident Raquel Baskin has been selected as a 2020 recipient through the companyâ€™s Childhood Cancer Survivor Scholarship program.
The scholarship program was developed to alleviate the financial strain on families that often results from expensive cancer treatments by helping to fund school tuition and fees. Forty-three students, the largest cohort to date, have each been awarded a $5,000 renewable scholarship (for a total of $10,000) through this yearâ€™s program.
Raquel began her battle with leukemia at age five. Throughout her experience, Raquel found solace in crafting beaded bracelets for family and friends, eventually finding her passion for entrepreneurship. Raquel began selling bracelets to raise funds for her hospital and childhood cancer research. Creating and distributing these bracelets provided her with a sense of purpose during her cancer journey. As a survivor, Raquel is committed to lending herself in ways that will ultimately help find a cure for childhood cancer. She is currently a student at Penn State University and volunteers with Little Smiles Philadelphia, an organization that provides gifts and fun activities to children impacted by serious illness, homelessness or tragedy.
â€œThe happiness I experience by creating bracelets outweighed any physical pain I endured. Having a creative outlet that also helped those around me saved my life,â€ said Raquel Baskin. â€œRaising money for children with cancer is my passion. I will continue to remain hopeful and take an active role in finding a cure for childhood cancer.â€
Since 2012, Northwestern Mutualâ€™s Childhood Cancer Program has focused on advancing childhood cancer research, providing family and patient support and serving as a resource to families managing the long-term effects of cancer treatment. With the support of Northwestern Mutual employees and financial advisors nationwide, the company has contributed more than $30 million and funded over 400,000 hours of research through the program.
Applications for the 2021 scholarship program are open now through Feb. 1, 2021. Selection results are expected by May 2021. To learn more and apply, visit:
About Northwestern Mutual Foundation
The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $386 million since its inception in 1992 and is designed to create lasting impact in the communities where the company’s employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes.
Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With $290.3 billion in total assets, $29.9 billion in revenues, and $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages more than $161 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 102 on the 2020 FORTUNE 500 and is recognized by FORTUNEÂ® as one of the “World’s Most Admired” life insurance companies in 2020.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM)(life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI. Subsidiaries include Northwestern Mutual Investment Services, LLC (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and
SIPC; the Northwestern Mutual Wealth Management CompanyÂ® (investment advisory and trust services), a federal savings bank; and Northwestern Long Term Care Insurance Company.