LINCOLN, Neb. -- The University of Nebraska-Lincoln’s College of Business has a new way of helping students financially.

UnitedHealthcare, the College, and News Channel Nebraska announced a new Future of Nebraska scholarship opportunity for in-state students.

“With this scholarship, we hope to help students who are strong academically, but may not qualify for other types of funding,” said Dean Kathy Farrell. “Five Nebraska high school graduates will be awarded a $5,000 scholarship in February for their first year here at Nebraska.”

Eligible recipients must graduate high school this academic year, be enrolled at UNL, have a 3.0 GPA and be a Nebraska resident.

UnitedHealthcare CEO Rob Broomfield said it's all about investing in Nebraska’s future generations. 

“The future of Nebraska to us is very important,” Broomfield said. “We have a huge commitment to the state of Nebraska, but when we think about what we want to do with our future, it’s help people live healthier lives. The future of Nebraska and the future of education is a way to help people live healthier lives.”

News Channel Nebraska is also a part of the scholarship. 

“At News Channel Nebraska, our commitment goes beyond broadcasting; it’s deeply rooted in caring for Nebraska and its promising future," said Andy Ruback, CEO of Flood Communications, including NCN. "By spotlighting the journeys of our exceptional young talents, some of whom are scholarship beneficiaries, we aim to both inspire and showcase the immense potential within our state."

For those interested in applying, click here.