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Horatio Alger Association Honors New Mexico Business Leader Randall Dee Hubbard and National Scholarship Recipient from the State

Mr. Hubbard and Scholar Cole Welty are recognized by the Association for their courage, resilience and commitment to higher education

WASHINGTON, March 17, 2014 /PRNewswire/ -- Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, will induct New Mexico resident Randall Dee Hubbard, chairman and managing director of BIGHORN Golf Club as a lifetime Member in April, while also rewarding one deserving New Mexico student with its prestigious Horatio Alger National Scholarship. Association Members and Scholars are selected based on their determination to persevere and the success they have achieved despite innumerable adversities.

Named for renowned author Horatio Alger, Jr., who wrote about the merits of hard work, courage and honesty as the means to success, Horatio Alger Association was established in 1947 to uphold these tenets, which are core to the American Dream. To further its mission, individuals who demonstrate initiative, resilience and excellence in their lives, such as Mr. Hubbard, are inducted into the Association annually as lifetime Members.

"As one of eight children born to hardworking parents, Mr. Hubbard was determined to succeed at a very young age," said David Sokol, chairman of Horatio Alger Association.  "Embracing his entrepreneurial spirit, today he has become quite an influential business leader with a commitment to philanthropy.  We are honored to have Mr. Hubbard join us as we continue to strive to provide support and provide assistance to our nation's youth."

Possessing a strong commitment to philanthropy, Horatio Alger Members are celebrating the 30th anniversary of the Association's scholarship programs in 2014.  The scholarship programs provide educational assistance to at-risk youth with an admirable commitment to continuing their education and serving their communities.Today, the Association administers one of the nation's largest, privately-funded, need-based scholarship programs in North America, having provided more than $100 million in undergraduate, graduate and specialized scholarships since 1984.  Colt Welty, a student at Hot Springs High School from Winston, New Mexico has been recognized for his exceptional accomplishments with the 2014 Horatio Alger National Scholarship in the amount of $21,000.

"We receive thousands of applications for our National Scholarship, and it is never easy to award only a select few," said Tony Novelly, president and CEO of Horatio Alger Association.  "Colt Welty, the scholarship recipient from New Mexico truly demonstrates great strength and perseverance.  I am proud of all that he has accomplished, and we look forward to watching him grow in his college years and beyond."

To view the complete list of Horatio Alger Members selected for the Class of 2014, please visit https://www.horatioalger.org/news_pr_members.cfm.

To view the complete list of 2014 Horatio Alger National Scholarship recipients, please visit https://www.horatioalger.org/scholarships/2014awards.cfm?styped=NS.

About Horatio Alger Association of Distinguished Americans:
Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc., fulfills its mission of honoring the achievements of outstanding individuals who have succeeded in spite of adversity and of encouraging young people to pursue their dreams through higher education. Horatio Alger Association supports students through annual undergraduate and graduate need-based scholarships and mentoring programs across the United States and Canada. Since 1984, the Association has awarded more than $100 million in college scholarships to deserving young people.  For more information, please visit www.horatioalger.org.

SOURCE Horatio Alger Association of Distinguished Americans, Inc.

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