Philosophy and Guidelines
Colonel Springs understood that a good education is critical for improving quality of life. In fact, he believed this so strongly that he began giving interest-free student loans out of his own pocket in 1942 when the Springs Foundation was created.
Since that time, the student loan program has become a mainstay of the Foundation's operations, lending more than $9 million to just over 8,400 students.
The student loan program helps students achieve a post-secondary education in two different ways: through attendance at a four-year, accredited, degree-granting senior college or university in South Carolina or through attendance at York Technical College in Rock Hill. Students must live in, or their parents must be employed in, Lancaster County, Fort Mill Township or Chester Township.