The National Farm Life Scholarship was established in 2021 by National Farm Life Insurance Company. This scholarship is awarded to eligible students within the Department of Agricultural Education & Communications in the Davis College of Agricultural Sciences and Natural Resources. Intended awardees are Agricultural Education Teacher Certification students, Agricultural Communications Block students, and Ag Leadership students. Priority will be given to students with financial hardship during the semester being awarded. William C. Young founded National Farm Life so he would never have to see another policyholder deceived. During the Depression, Mr. Young took every odd job he could find to put himself through college. He secured a teaching position and started selling life insurance to fellow teachers – but the company he worked for reorganized, and began funneling profits to stockholders rather than policyholders. Shocked and disappointed, Mr. Young decided there ought to be a better way. After a tour of duty in World War II, he presented an idea for a better insurance company to the Texas State Board of Insurance: a company that limited stockholder profits to just a 10% return on the original stock price and gave the rest to its participating policyholders. Mr. Young was granted his charter on March 12, 1946, after six months traveling around the state to raise funds, and National Farm Life opened its doors in the North Fort Worth Bank Building of the celebrated Stockyards. Two successful decades later, the company purchased 20 acres and built a white columned midcentury modern building, designed by Grayson Gill. Now, every Christmas season, we wrap up the building in a giant bow, because we don’t just want to be a life insurance company – we want to be a gift for our policyholders.

To support this scholarship, “Give Now” online.

 

Contact

Matt Williams
matt.williams@ttu.edu
Senior Director of Development
806.742.2802

Shelbey Havens
shelbey.havens@ttu.edu
Assistant Director of Development
806.742.2802

Tyler Schuster
tyler.schuster@ttu.edu
Assistant Director of Development
806.742.2802