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. Across the country, the average college-related debt for borrowers in the class of 2016 was $37,172; for Ohio students, that figure was $30,239.
If you are interested in making a significant contribution to student success, please consider a gift to the MAKING A DIFFERENCE AND MOVING FORWARD scholarship campaign, which is the University's most important initiative. You may also establish a named scholarship at The University of Akron, which 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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Blair Family Foundation Veterans Emergency Fund
The Blair Family Foundation Veterans Emergency Fund was created in December 2012 with a gift from The Blair Family Foundation, at the direction of Mrs. Faye Blair-Berry. The fund assists men and women from all branches of the U.S. military, particularly those who have returned from active duty to resume or begin their studies at The University of Akron.
The Blair Family Foundation Veterans Emergency Fund will provide emergency funds for student-veterans dealing with all types of financial hardships while they wait for support from the Veterans Administration, federal or state government, or other aid to arrive. The emergency fund is a loan that must be repaid — but without interest, according to terms negotiated with the University’s Military Services Center (MSC). The fund serves as a safety net for student-veterans, providing emergency funding when unexpected events threaten to disrupt or prevent their education.
PROTOCOLS AND PROCESS FOR DISTRIBUTION OF THE FUND
Application and approval committee:
- Requests for emergency funds must be submitted online. They will be reviewed by a three-person Veterans Steering Committee that will report to The Blair Family Foundation to share information about the loans that have been granted.
Who qualifies as a student-veteran?
- Anyone who has veteran status who has not been dishonorably discharged
- Undergraduate or graduate status, in good academic standing
- Full-time or part-time status, in good academic standing
What constitutes an emergency?
- Unexpected events that threaten to disrupt or prevent the education of student-veterans; some examples include:
o Rent- or utility-related expenses that impact living conditions
o Car repairs (must show estimate from repair shop or appropriate
o Short-term child care needs
- Electronic submission completed and submitted along with proper documentation
- Committee will review application and documentation within 24 to 48 hours
- Upon 2/3 approval, the Bursar’s Office will have the student sign a contract agreeing to repayment of the loan within 90 days. The funds then will be disbursed to the student.
Level of Assistance provided:
- Must have depleted other sources of emergency funding; $500 cap on funds per veteran; $750 possible at the discretion of the approval committee
- Subsequent loans/grants may be approved if the student-veteran has no outstanding emergency fund balances
- Loans must be repaid in 90 days
Repository and monthly reports:
- Military Services Center will be the repository of all records
- The Manager of Enrollment Services will provide the co-chair, Military Veterans Steering Committee, with a monthly report of loans/scholarships granted and payback of existing loans
Electronic application accessible through the MSC and UA Adult Focus websites:
- Documentation must be provided when the application is presented for review and approval