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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Schwaber, Alena and Dr. David M. Endowed Scholarship
The Alena and Dr. David M. Schwaber Endowed Scholarship, established in 2018, recognizes well-deserving University of Akron students majoring in chemistry, chemical engineering or biochemistry.
Dr. Schwaber received his undergraduate degree from Worcester Polytechnic Institute and his master's degree in chemical engineering from Cornell University. He earned a Ph.D. degree in polymer science in 1971 from The University of Akron.
Dr. Schwaber is the retired president of Monarch Rubber in Baltimore, MD. Founded in 1928 by Dr. Schwaber’s uncle, Sol Schwaber, Monarch Rubber manufactured rubber products for the transportation, footwear, marine, sporting goods and orthopedic industries, among others. In 2005, Monarch Rubber was sold to Armacell, LLC.
Each year, The Alena and Dr. David M. Schwaber Endowed Scholarship shall provide a total of $18,000 in scholarships, with no single scholarship exceeding $9,000, to University of Akron students majoring in chemistry, chemical engineering or biochemistry. Selection shall be made by the University Scholarship Committee and may be renewed as long as recipients remain in good standing and funds are available.