Parsons said one of his grandchildren was previously a recipient of one of the scholarships. He also has another grandchild currently attending college.
A total of 50 additional prizes, donated by local businesses, were awarded to race participants.
Hannibal Dollars for Scholars provides scholarships to graduates of Hannibal High School each year.
The number of scholarships awarded varies due to the amount of funds raised through events and donations during the previous year.
The Duck Derby is the largest fund-raiser, providing four scholarships each year.
In 2012, a donation of $1,000 from the Hannibal Country Cruizers sponsored two additional scholarships.
Sterling Stage patrons and management provided another scholarship as did the Hannibal School Employees Association and the Dale Osborn Music Scholarship Fund and the Jeff LaMont Memorial Fund.
Donations from the Hannibal Village Market’s cash register receipt program and other fund-raising made it possible for 12 students to receive scholarships.
The chapter is an entirely volunteer organization and is in need of additional volunteers. Anyone interested in working with the chapter may call Louis Gilbert, chapter president, at 564-5679.
Hannibal Dollars for Scholars is a chapter of the national organization Dollars for Scholars.