Wallaby Organic has announced a student loan forgiveness contest for culinary arts graduates.
The Wallaby Culinary Dream Contest will award $15,000 in student loan forgiveness to two current or former culinary students.
The goal of the contest is to “help aspiring chefs achieve their dreams,” according to Lauren Baum, Senior Brand Manager at Wallaby Organic. She said that Wallaby wants to “return the favor” by giving back to food makers and food lovers. The money will help culinary arts graduates pay off their student loans or open their own restaurant, food truck or catering business.
The average salary for someone with a Bachelor’s degree in culinary arts is $43,194, according to U.S. Census Bureau data published in an article in 24/7 Wall Street.
Based on an analysis of data from the 2015-2016 National Postsecondary Student Aid Study (NPSAS:16), the average debt at graduation for students who major in Personal and Culinary Services is $14,376 for Certificates, $21,060 for Associate’s degrees and $35,620 for Bachelor’s degrees. Of students with a Culinary Arts degree, 72% have Certificates, 23% have Associate’s degrees and 5% have Bachelor’s degrees.
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Wallaby Organic has partnered with Chef Antonia Lofaso, a French Culinary Institute graduate, cookbook author, television personality and restaurant owner, to provide mentoring sessions to the contest winners. She will provide them with advice on starting and running a culinary business.
To enter the contest, applicants must be age 18 or older and a current culinary student or culinary school graduate within the past ten years. Applicants must submit a 200-word essay about their culinary dreams and goals, plus an original, creative recipe featuring Wallaby Organic yogurt. The contest deadline is September 13, 2021.
Wallaby Organic is an Australian-style yogurt from Danone, known for the Activia, Dannon, Horizon Organic, Silk and YoCrunch brands.