Scholarship For Panamanian Students At Kings Point Funded by Justin Bonanno

Capt. Justin Bonanno, chairman of the Board of Local Inspectors of the Panama Canal Commission, has established a scholarship fund at the U.S. Merchant Marine Academy to benefit Panamanian students enrolled there.

The scholarship was established in memory of his late wife, Jeanne. It consists of a $500 stipend awarded annually to an Academy freshman, or plebe, from the Republic of Panama who needs financial assistance and has demonstrated the potential for successful completion of the Academy program. Panamanian and other foreign students may attend the Academy under provisions of the Maritime Education and Training Act of 1980. Eleven Panamanians entered the Academy with the current plebe class last July.

To be eligible for the scholarship a midshipman must be a citizen of the Republic of Panama, in good academic and regimental standing at the Academy, and must have a legitimate need for financial aid as determined by the Academy's financial aid officer.

The Jeanne M. Bonanno Memorial Scholarship will be funded from the annual interest derived from Capt. Bonanno's recent $5,000 contribution to the USMMA Foundation, which has been placed in an interest-bearing account.

Capt. Bonanno, a 1943 Academy graduate, has been active in alumni affairs and has played a leading role in developing a Panamanian student program at the Academy. The scholarship he has established will perpetuate his family's longtime interest in and commitment to the welfare of the Panama Canal and the Republic of Panama.

Maritime Reporter Magazine, page 50,  Jan 1984 Washington

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