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.
Search for a Named Scholarship
Costello Jr., Lia and John H. Endowed Scholarship for Excellence in Business
The Lia and John H. Costello Jr. Endowed Scholarship for Excellence in Business was established in 1997 by their son, John H. Costello III. John, the senior executive vice president of Sears Roebuck and company, wished to recognize the contribution of his parents. John’s parents were longtime residents of Akron before retiring to South Carolina.
John is a 1968 graduate of The University of Akron and is a member of the Phi Delta Theta fraternity. John received the Dr. Frank L. Simonetti Distinguished Business Alumni Award in 1997.
The scholarship will be presented to a student enrolled in the College of Business Administration with a preference being given to marketing majors.