The Richard & Lorayne Otto Scholarship Fund
Richard and Lorayne Otto were treated well by Auto-Owners Group Associates, so well that when they established their college scholarship fund they knew exactly who they wanted it to help.
“I like to think that we are Auto-Owners Blue Bloods," Richard said. "During the many years of association and employment, we have received many blessings from Auto-Owners and have wanted to do something for the company that has given us so much. As a result of our desire to do something for the company, we have made a gift to the Capital Region Community Foundation."
Dick's father worked for Auto-Owners until his death in 1945. Dick and Lorayne met in Auto-Owners Underwriting File Department in 1951. Lorayne continued to work there part-time, on and off over the years. Dick continued with the company for the duration of the career, retiring in 1993. He retired from the Auto-Owners Board in 1999.
Since 2006, the fund has granted nearly $400,000.
Children of the Auto-Owners Group Associates are eligible for the scholarship awards. Students are assessed on academic performance, extracurricular activities, community service, driving record and, to some degree, need.
To apply for The Richard & Lorayne Otto Scholarship Fund, review our application guidelines [PDF] and complete our online application. Applications are due in March of each year.
Emily graduated magna cum laude from the University of Alabama in May 2012 with a BS in Marketing, and received her Master of Science in Marketing this year. She received a job offer as a business analyst with Cerner Corporation in Kansas City, Missouri, that begins on July 25th. Says Emily, “I am very excited and I am very, very thankful for the Otto Scholarship I received that helped me reach my goals. Thank you!”