Binc Announces the 2016 Binc Foundation Scholars

Learning never exhausts the mind

Binc is thrilled to announce its 2016 Higher Education Scholarship winners! This year’s program awarded 27 scholarships, totaling $109,000, to eligible current bookstore employees/owners and their dependents as well as former Borders Group employees and their dependents. There were two (2) $10,000 scholarships, twenty-four (24) $3,500 scholarships, and one (1) $5,000 Karl Pohrt Memorial Scholarship – granted to an independent bookstore employee candidate who has overcome learning adversity or is a non-traditional student. The scholarships can be used for tuition, fees, books, supplies and room and board. Funds may also be used over consecutive years if the student is not able to use the entire award for the 2015-2016 academic year.

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Reasons Why Binc Scholars Succeed

Becoming a Binc scholar isn’t easy – but those who have won scholarships in the past have a few things in common.

They want to work hard and invest in their future

Pursuing the career of your dreams through education is one way to invest in yourself and ensure that your job is something you will enjoy for a lifetime. Binc Scholars have pursued careers in tourism and travel management, graphic design and education knowing the fulfillment they will find in their chosen profession.

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Binc Announces 2015 Higher Education Scholarship Winners

“A million heartfelt thanks for the scholarship award! I am so profoundly grateful for your generosity and consideration. I sincerely love being a bookseller (I’ve been doing the job for almost half my life) and am touched to be the recipient of such a gift. The bookselling community is such a fantastic culture to be a part of, and your foundation is proof. “

-Angela Doherty, 2015 Scholarship Recipient, Powell’s Books

The Book Industry Charitable Foundation is pleased to announce the winners of the 2015 Binc Scholarships. The program awarded two scholarships at the $10,000 level, one $5,000 Karl Pohrt Tribute Scholarship and 50 scholarships at the $3,500 level, together totaling $200,000 to eligible current bookstore employees/owners and their dependents as well as former Borders Group employees and their dependents. The scholars are a mix of traditional and non-traditional students at both undergraduate and graduate levels. This group of students will be studying subjects from acting to social work to nuclear energy. 39 bookstores in 24 states, from Rhode Island to Oregon, can claim a Binc Scholar.

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The High Cost of Putting Things Off


Each year the pattern is the same for the Binc Scholarship Program. A large number of scholarship applicants begin the process but the number of finished applications lags well behind until the last week. Then in a flurry of activity, the applications are submitted. At the close of the application period there are a fair number of students who have begun, but never submitted their applications. While there are some who decide that the scholarship is not a good fit for them, we imagine others just never returned to complete the process. By procrastinating they are potentially giving up thousands of dollars.

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Binc Tribute Scholarship Honors Bookseller, Karl Pohrt

Karl Pohrt

“Many people have claimed that literature can change lives. But few individuals lived and experienced life more committed to this belief than Karl Pohrt. He not only believed that literature provided the opportunity to inhabit and experience the lives of others—thereby more deeply understanding the human condition—but he also believed that in doing so writing and reading became transformative, political acts. For there is no greater agent for peace and understanding than reading the literatures of others.”

– Jeremy Chamberlin, Editor-in-Chief/Publisher Fiction Writers Review

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Take a bite out of college costs with a Binc Scholarship

Scholarship costs

“I’m grateful to Binc for allowing me to achieve my goals without breaking the bank.”

2014 Binc scholar from Tennessee

College can cost a bundle, we all know that. But, what exactly is that number? According to The Project on Student Debt, the average is $28,400 per borrower. Seven in 10 seniors (69%) who graduated from public and nonprofit colleges in 2013 had student loan debt. With tuition rising at twice the rate of inflation, that number is steadily increasing. You can get a ballpark estimate of tuition costs in your area and find out how schools determine tuition hikes on the FinAid site. Once you know the amount you will need, you can better address how you will pay for your higher education.

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