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AXA Equitable Announces $670,000 In AXA Achievement(sm) Scholarships

NEW YORK, April 28 /PRNewswire-FirstCall/ -- AXA Equitable Life Insurance Company, a leading financial protection company and one of the nation's premier providers of life insurance and annuity products, has announced the winners of the 2010 AXA Achievement(sm) Scholarship in association with U.S. News & World Report .

Fifty-two students – one from each state, plus Washington, D.C., and Puerto Rico – have been awarded scholarships of $10,000.  Of those 52 students, 10 students have been chosen as national winners and will receive an additional $15,000 scholarship award, a new laptop computer and an opportunity for an internship with AXA Equitable.

"We developed AXA Achievement(sm) because we understand how challenging the road to college can be. This is especially true in tough economic times, like those we've been experiencing for the past 18 months," said Christopher M. "Kip" Condron, chairman and chief executive officer of AXA Equitable.  "AXA Achievement(sm) provides resources that help make college possible through both access and advice. That means scholarships as well as information to help students and parents plan for college."

Winners - known as AXA Achievers - were announced this week online at www.usnews.com and in the May issue of U.S. News & World Report, on newsstands now . The scholarship program is administered by Scholarship Management Services®, a program of Scholarship America®, one of the nation's largest nonprofit private sector and educational support organizations. All of the scholarship recipients are graduating high school seniors who demonstrated ambition and drive, determination to set and reach goals and the ability to succeed in college.  

About AXA Foundation

The AXA Foundation is the philanthropic arm of AXA Equitable Life Insurance Company and its related entities. The Foundation directs the company's philanthropic and volunteer activities, working to improve the quality of life in communities across the country where AXA has a presence.  Since 2003, the AXA Foundation has funded over $18.5 million in college scholarships through its multifaceted flagship program, AXA Achievement(sm), which provides resources that help make college possible:  access and advice.  More than 3,900 students, known as AXA Achievers , have received scholarships.  For more information visit www.axa-achievement.com.

About AXA Equitable

In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation's premier providers of life insurance, annuity, and investment products and services. The company's products and services are distributed to individuals and business owners through its retail distribution channel, AXA Advisors, LLC and to the financial services market through its wholesale distribution channel, AXA Distributors, LLC.

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