Ford Creates $1 Million William Clay Ford Automotive Design Scholarship

Last month's passing of William Clay Ford, former chairmen of Ford's design committee and grandson of company founder Henry Ford, has had a profound effect on the automotive industry. To honor his contributions to Ford throughout the years, the company has decided it will award $1 million in automotive design scholarships over the next 20 years. Five automotive design student will receive $10,000 each per year, bringing Ford's yearly scholarship contributions to a total of $50,000 per year. By giving out these scholarships, Ford will help college sophomores and juniors pursue their dreams and commemorate…