When it comes to earning a college degree, the greatest obstacle can be funding.
For this reason, The University of Akron is pleased for the opportunity each year to assist talented, deserving students achieve their dreams, thanks to more than 1,300 named scholarships established through the kindness and generosity of thousands of UA alumni and friends, corporations, and foundations.
Scholarships truly are the best way to ensure that today’s students persist to graduation. Scholarships allow students to enroll full time and remain focused on their studies; they also reduce drop-out rates, decrease the stress of student loans, and shorten the road to graduation.
The need for scholarships grows each year, however, as students continue to face an increased financial burden in pursuit of a college degree. In fact, 94 percent of today’s baccalaureate students borrow to pay for college – versus just 45 percent in 1993. And across the country, the average college-related debt for borrowers in the class of 2013 was $35,200.
If you are interested in making a significant contribution to student success, please consider establishing a scholarship at The University of Akron. Scholarships can be created to honor a living person, in memory of a loved one, or to contribute to the growth of an area of study.
To learn more, please contact the Department of Development at 330-972-7238.
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Summit Scholars Award Fund
The Summit Scholars program was established in 2008 as a collaborative fundraising effort between The University of Akron Foundation and Summit Education Initiative. The University of Akron Foundation acted as the receiving agent for all funds received for this program per the Memorandum of Understanding (dated October 2008) with Summit Education Initiative. Funds were received from foundations, corporations, and individuals primarily in Summit County to be distributed twice annually through a Summit Scholars Award Fund to students who have successfully completed a college-access program in Summit County. Individual scholarships will not exceed $1,500 annually. Recipients will be determined by a committee of community members who have an interest in education, preferably participants of the Leadership Akron Class XXIV, who initiated this project.
Beginning in the 2011-12 school year, all remaining funds will be used to support scholarships for graduates of the Destination College program. Destination College will collaborate with the Office of Student Financial Aid to determine awards.
Candidates for this award must be admitted to The University of Akron, maintain a minimum 2.0 GPA, attend full time each semester, demonstrate financial need, and have successfully completed the Destination College Program. Scholarship awards may be used only to cover the cost of tuition.