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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Snyder, Dr. Donald C. and Mrs. Courtney F. Educational Loan Fund
Dr. and Mrs. Snyder established this loan program to assist University of Akron students with financial need in completing their college studies. The Donald C. and Mrs. Courtney F. Snyder Educational Loan Fund is open to graduates of Medina High School who are attending the University and majoring in medicine, dentistry, engineering, or nursing. As a graduate of Medina High School, Dr. Snyder went on to become one of the Akron area's most dedicated and accomplished physicians. He has been recognized by his colleagues for his years of professional service and contributions to the field of medicine. Dr. and Mrs. Snyder's belief in the value of higher education and faith in the University led them to establish this loan program to encourage outstanding individuals in their pursuit of academic excellence. Monies from this fund can be applied toward the cost of tuition, books, and fees.
The Dr. Donald C. and Mrs. Courtney F. Snyder Educational Loan Fund has been designated as a long-term loan that must be repaid at an interest rate of 5 percent compounded annually upon receipt of professional degree or when the student no longer attends the University. Loans may be made up to 100 percent of the cost of tuition, books, and fees. Repayment of the loan is to begin six months from when the student graduates from professional school or stops attending the University. Eligible students must be graduates of Medina High School with a GPA of 3.0, which is to be maintained throughout their college studies. Students participating in intercollegiate sports competition are not eligible to receive funds from this loan, and any loan must be repaid immediately after a student begins to participate in a varsity level sport.