The National Auto Auction’s The Warren Young Sr., Scholastic Foundation recently announced its 12 scholarship recipients for the year.

In its 14^th year, the program now offers eight $5,000 scholarships for attending a four-year institution and four $3,000 scholarships for a two-year college or vocational-technical school.

That’s a total of $52,000 annually in 12 merit scholarships, according to NAAA.

"Over the years our Scholastic Foundation has helped 168 deserving students from the NAAA family pursue their dreams of a higher education, thanks to the generous support of our members," NAAA President Warren Clauss said in a news release. "Today I'm proud to say the fund has grown to become a self-sustaining resource that ensures a legacy of learning and enhanced access to higher education for future generations. It's a prime example of NAAA's commitment to education and training opportunities."

With guidelines and recommendations developed by Scholarship America, an independent organization that reviews the applications, NAAA honors applicants for their academic record, in addition to leadership skills, honors, goals, work experience and public service experience.

Each year, all scholarship applicants must be either full-time employees of NAAA member auctions or corporate offices, their children or grandchildren.

The annual scholarship program has raised over $2.3 million since its inception, according to NAA.

This year’s 12 scholarship award recipients include: Alec Anderson of KAR Auction Services; Anne Dabroski of State Line Auto Auction; Keith Dabroski of State Line Auto Auction; Jacob Huffaker of Salina Auto Auction; Jacob Moyer of Manheim Philadelphia; Kimberley Paquette of ADESA Flint; Mazarine Penzin of Auctions in Motion—Thousand Oaks; Maria Rico of Orlando Longwood Auto Auction; Dane Rogers of DAA Northwest; Audrey Wood Manheim Louisville; Megan Wright of Airport Auto Auction as well as Manheim Scholarship recipient Matthew Wozniak.