For the second year, St. Mary's is able to offer a zero-percent $2,500 loan to a graduating senior for college expenses.
The Pigott-Bair Loan Program, established by alumni Phillip "Corky" and Mary (Bair) Pigott of Fresno, Calif., awards a one-time $2,500 zero-percent interest loan to one 2001 St. Mary's graduate to use towards post-secondary education costs.
Corky is a 1960 graduate of St. Mary's and Mary is a 1961 graduate. They own and operate Pigott and Associates, which specializes in group insurance and financial planning for individuals. The couple have lived in the Fresno area for 17 years.
When the recipient completes his/her education, they will begin a payment plan to reimburse the $2,500 to the fund. Details will be completed between St. Mary's and the recipient.
The funds repaid will be directly channeled back into the Pigott-Bair Program to assist future St. Mary's alumni.
The Pigotts said they truly wanted to honor their parents' dedication to Catholic education by establishing this unique award.
"Our parents were such advocates of Catholic education and education in general," Mary explained. "They were still supportive of St. Mary's even after we were out of school."
Their parents are Robert and Margaret Pigott, both now deceased and Russ and Florence Bair. Florence is now deceased and Russ resides in Urbandale.
Both alumni are grateful for the sound education they received at Storm Lake's Catholic School, especially in light of recent contacts with young people not prepared for the work force.
Seniors at St. Mary's High School may pick up short application forms at St. Mary's High School Administrative office or St. Mary's Development office in the Parish House. The deadline for is Monday, May 1, 2001.