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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Kumho Group Endowed Fund
Established in 1988 by Kumho Group, a wholly owned subsidiary of Kumho & Company Inc., The Kumho Group Endowed Fund was created with an initial contribution of $50,000, the purpose of which is to provide income for use solely by the College of Polymer Science and Polymer Engineering at The University of Akron. Income earned in this fund is not restricted in any way to specific areas of interest, department, or prevailing scholarship/fellowship needs. The intention of Kumho is for the principal amount to be preserved in perpetuity, and for the interest to be spent (and/or accumulated) at the discretion of the dean of the college for any purpose related to polymer science and polymer engineering, unless Kumho has directed that earnings from the fund in a particular year be used to support future research efforts and/or graduate assistantships between The University of Akron and Kumho.