Hertz officially launched its new scholarship program as part of the company's commitment to community impact through global giving and volunteerism. Through the Hertz Scholarship Program, the company has committed to providing financial support during the 2019-2020 academic year to more than 125 individuals from different backgrounds.

The Hertz Scholarship Program is the centerpiece of the company's education pillar, which is intended to help deserving students pursue postsecondary education, including vocational school, to develop meaningful careers. The company's other global giving and volunteerism pillars are disaster relief and environmental stewardship.

In an effort to support Hertz employees and their families living in North America and Europe, the company is offering scholarships to employees' dependents who have financial need. Hertz is also providing need-based awards to community members living in key areas where Hertz has a strong presence, including California's Bay Area, Boston, Denver, Hawaii, Minneapolis, and Salt Lake City.

In addition to these need-based awards, the Hertz Scholarship Program will award merit-based scholarships to students pursuing degrees in areas related to information technology and revenue management at select universities as well as interning at the company's global headquarters in Estero.

The application period for the 2019-2020 academic year runs from May 9 through June 6.