- Seneca Valley School District
- Overview
Sophomore receives full scholarship to PFEW
Victoria Beck, a sophomore at Seneca Valley Intermediate High School, has been granted a full scholarship to attend Pennsylvania Free Enterprise Week (PFEW) 2017 on the campuses of Lycoming College and Pennsylvania College of Technology, both located in Williamsport, PA.
PFEW is a weeklong economic education program that offers students an inside look at the private enterprise system and the way the free market functions. Miss Beck will attend week one of the five, one-week sessions offered this summer on the campus of Lycoming College.
Pennsylvania teachers and counselors recommend candidates who are reviewed by the PFEW staff. Admission is based on motivation to learn that is demonstrated through essays submitted by the applicants. Those accepted are awarded scholarships, which cover all program costs.
During the week, students will form companies that compete against other student companies for the equivalent of three years using a college level simulation. Business volunteers serve as company advisors who mentor the students as they face many of the same decisions real executives confront every day. The companies compete against each other in the areas of management skill, return on net assets, a marketing and advertising campaign, and a presentation to stockholders. Company advisors suggest available options and share their own experiences and challenges. Throughout the simulation, scholarship winners will learn the value of teamwork, communication, cooperation, and leadership.
In addition, dozens of world-class speakers will present seminars and discuss topics such as the relationships of business with labor, government, and consumers. The students will also hear about business ethics, management and leadership skills, the economic system future, the global marketplace, money and banking, business operations, careers in business, marketable skills, and much more.
Totally funded, taught, and staffed by the Pennsylvania business community, PFEW is supported by eight manufacturer’s associations, more than 100 chamber of commerce, and more than 800 companies. Now in its thirty-ninth year of operation, PFEW’s governing body is the Foundation for Free Enterprise Education, a 501(c)(3) non-profit organization. For more information, please contact the Foundation at (814) 833-9576 or visit www.pfew.org.