The Pinnacol Assurance Foundation awarded a total of nearly $409,000 in scholarships to 87 students in Colorado.

The foundation, a charitable nonprofit entity established by Pinnacol Assurance, awards scholarships to students whose parents have been seriously injured or killed on the job. The scholarships average $4,700.

The scholarship program began 21 years ago with four students. Since then, the foundation has awarded a total of nearly $7 million to more than than 700 students for college and vocational training. That makes the program the largest of its kind in the United States. 

Scholarship funds are raised through corporate and private donations as well as fund-raising events.

Pinnacol Assurance is a leading provider of workers’ compensation insurance in Colorado. For more information, visit the website at www.pinnacol.com.