FORT WORTH (CBSDFW.COM) – CBS News chief Washington Correspondent Bob Schieffer was back home in Fort Worth to receive the Bobby Bragan Youth Foundation’s Lifetime Achievement Award Wednesday night at the Ridglea Country Club.

The foundation, named for the former Fort Worth Cats player and Texas Rangers executive, awards more than three dozen $2,500 scholarships to 8th graders each year.

Wednesday night’s event also honored 37 students who are now seniors, and updated the foundation on where the students will be going to college.

2012 BBYF Lifetime Achievement Award Gala (Courtesy Bobby Bragan Youth Foundation)

WATCH THE STUDENTS DISCUSS WHERE THEY ARE HEADED:

Created in 1991, the foundation believes the early encouragement inspires students at the critical time before high school to have big dreams and aim for sucess in their education.

Over the last 21 years, the foundation has awarded some $1.4 Million to 584 North Texas students.

So far, 97 percent of scholarship winners have graduated high school and gone on to college.

This year’s seniors say the $2,500 promise has already paid off.

MORE: Click Here for more on the Bobby Bragan Youth Foundation

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