Named Scholarships

When it comes to earning a college degree, the greatest obstacle can be the funds to do so.

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. 

Please note: All scholarships are distributed through the University’s Office of Student Financial Aid. Students interested in applying for a scholarship may visit the Financial Aid webpage, call 330-972-7032, or e-mail The Department of Development does not accept applications for or distribute scholarships.

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Steimel, Richard E. Memorial Scholarship

The non-endowed Richard E. Steimel Memorial Scholarship was established in 2006 by Samuel M. & Ronda Steimel and Beth & Marcus Ladrach in memory of their beloved father. Richard E. Steimel highly valued education. He was the first in his family to go to college. During the 1940s while attending The Ohio State University, he worked hard at many part-time jobs to financially provide for his education. Mr. Steimel owned the Ford/Lincoln/Mercury auto dealership in Millersburg for 35 years. He began the business in 1952, then the youngest owner of a Ford Motor Company dealership in the nation. Mr. Steimel also was involved in the creation of many other local businesses and was known as a promoter of Holmes County and the Village of Millersburg.

This scholarship will financially assist students attending Wayne College and its Holmes County Higher Education Center. Eligible students must demonstrate a financial need and reside in Holmes County. The award may be used for tuition, fees, and textbooks. This scholarship encourages Holmes County residents to pursue academic goals and honors Mr. Steimel’s commitment to education and the community.

Note for students interested in applying for a scholarship: The Department of Development at The University of Akron does not accept applications for, or distribute, scholarships.

For information on how to apply for a scholarship, please visit UA's Office of Student Financial Aid page.

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