For over 50 years, The 101: Fund has been providing need-based college scholarships to Princeton High School (PHS) graduates. Founded by a school secretary in 1970, the fund was originally known as the Princeton Regional Scholarship Foundation; in 2008, the current logo and name were adopted. Powered by volunteers, the 101: Fund has provided in excess of $1 million in aid to PHS seniors over the last five decades.
The greater Princeton community values higher education, but for many students–especially the 10% of the PHS student body that qualifies for the free- or reduced-price lunch program–college can be prohibitively expensive. 101: Fund scholarship recipients attend two- and four-year institutions such as Mercer County Community College (MCCC), Rutgers University, Boston University, Colgate University, Cornell University—just to name a few of the schools that recent graduates have chosen. During the 2020-21 school year the 101: Fund spent $122,762 supporting 67 students entering their first, second, third or fourth years of college, including 12 students attending MCCC. Many recipients are the first in their families to pursue a college degree.
The 101: Fund’s executive board raises money year-round through an annual appeal, grant-writing, community fundraisers, and collaborations with PHS students such as the 101: Student Auxiliary Talent Show.