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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McKinnon, Professor Stewart and Grace Scholarship and Loan Fund
As a former professor in the College of Business Administration at The University of Akron, Dr. Stewart McKinnon knew the value of a quality education. After leaving the College of Business Administration, Dr. McKinnon and his wife, Grace, established a trust account at First National Bank that would one day provide great benefits to generations of students at The University of Akron. Then in 1976, in accordance with the terms of the bequest, The Professor Stewart and Grace McKinnon Scholarship and Loan Fund was established. At the direction of the dean of the College of Business Administration, this fund is to benefit qualified students in accordance with Dr. McKinnon’s wishes. This fund may be used annually at the discretion of the dean of the College of Business Administration to award scholarships and provide loans to students in the College of Business Administration.