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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DeYoung, Mr. and Mrs. Russell Endowment
In 1980, Mr. Russell DeYoung '32 and his wife, Lois Bishop DeYoung, established The University of Akron Landbank (The Mr. and Mrs. Russell DeYoung Endowment), a permanent endowment used to purchase privately owned properties for University expansion and improvement. A distinguished business leader, Mr. DeYoung began his 30-year tenure at The Goodyear Tire & Rubber Company as a University engineering cooperative education student. Mr. DeYoung held the positions of vice president, executive vice president, and president, and served as chairman and chief executive officer for 10 years before retiring from Goodyear in 1974. Under his leadership, Goodyear's preeminence as the world's No. 1 tire manufacturer grew with the expansion of European operations and the Goodyear Aerospace Corporation. Prominent benefactors to the University, Mr. DeYoung was awarded an Honorary Doctor of Science degree in 1971, and Mrs. DeYoung received an Honorary Alumna Award in 1967. Mr. DeYoung was posthumously honored with the College of Engineering Lifetime Achievement Award in 1990.