SOURCE: California Water Service Group

California Water Service Group

April 07, 2015 15:22 ET

California Water Service Group's Hawaii, Washington Subsidiaries Launch College Scholarship Program for Students in Their Service Areas

California Subsidiary Also Accepting Scholarship Applications

SAN JOSE, CA--(Marketwired - Apr 7, 2015) - Hawaii Water Service Company (Hawaii Water) and Washington Water Service Company (Washington Water), subsidiaries of California Water Service Group (NYSE: CWT), are launching a scholarship program for students in their respective service areas who are pursuing higher education. Hawaii Water, Washington Water, and California Water Service (Cal Water), which began the scholarship program in 2014, are each now accepting applications for the 2015-2016 academic year.

Scholarships totaling up to $60,000 are available to eligible students for the 2015-2016 school year. Two top scholarships of $10,000 each will be awarded to students who demonstrate financial need, with one scholarship based on academic achievement and the other based on community service. Other scholarships ranging from $1,000 to $5,000 will also be awarded to students, depending on financial need, academic achievement, and community involvement.

The scholarship program, which is being funded by California Water Service Group's shareholders, not ratepayers, will be administered by Scholarship Management Services, a 501(c)(3) non-profit organization.

To be eligible for a scholarship, students must live in a Cal Water, Hawaii Water, or Washington Water service area, plan to enroll in full-time undergraduate study at an accredited two- or four-year college or vocational-technical school, and not already possess a degree or diploma from an accredited two- or four-year college or vocational-technical school.

"Our commitment to our customers goes beyond the tap," said President and CEO Martin A. Kropelnicki. "We are also committed to improving the quality of life in the communities we serve."

"After seeing the positive impact this scholarship program had on our California customers and their families' lives last year, we knew we had to offer the program to our Hawaii and Washington customers as well," Kropelnicki said. "We are so grateful to have this kind of opportunity to serve our customers and help the young people in the community fulfill their goal of higher education."

California students interested in learning more about the scholarship program or applying should visit www.calwater.com/community/scholarship. Hawaii students should visit www.hawaiiwaterservice.com/community, and Washington students should go to www.wawater.com/community. The deadline to apply for this scholarship period is June 1, 2015.

California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, Inc., CWS Utility Services, and HWS Utility Services, LLC. Together, these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington, New Mexico, and Hawaii communities. Group's common stock trades on the New York Stock Exchange under the symbol "CWT." Additional information is available online at www.calwatergroup.com.

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