A big deal: $7.5 million scholarship commitment
ONLINE: Announcement news conference
A new partnership between Emporia State University and the ESU Foundation is boosting scholarship support for new students. The Foundation’s board of trustees voted in November to expand scholarship funding by $7.5 million over the next five years.
“This agreement represents a significant partnership between ESU and the Foundation,” said Lana Oleen, Foundation board of trustees chairperson. Oleen, who has served as a trustee since 2006, was named the first female president in the organization’s 60 year history.
“The role of the Foundation is to raise, receive, invest, allocate, and exercise stewardship for private gifts benefiting ESU. We believe our students’ futures are our most important investments,” said Oleen who earned both bachelor’s and master’s degrees from ESU.
“I am very pleased that the ESU Trustees have made this decision, as their collective action puts in motion the ability to more than double the level of scholarship awards over the next five years,” Oleen added.
“This is a huge compliment to what the university is already doing to marketing more aggressively and target student recruitment, and I can’t thank the Board of Trustees enough,” said Dr. Ed Flentje, who was serving as ESU’s interim president at the time the scholarship commitment was announced.
The new plan, which takes effect for students entering ESU in Fall 2012, has two important components. First, it increases the dollar amount of merit-based scholarships for both first-time freshmen and transfer students. Second, it extends the renewability of the scholarships based on academic performance.
Laura Eddy, director of ESU Admissions, explained the new scholarship plan: “Under the program, awards for first-time freshmen are offered at three scholarship levels — ESU Presidential Scholars, ESU Foundation Scholars and ESU Hornet Scholars — that are tied to college entrance scores and high school grades.”
“Freshman scholarship recipients who achieve and maintain academic standards may gain funding for a total of eight semesters. Scholarships for first-time transfer students are renewable for up to four total semesters, said Eddy.
More information about the new 2012-13 scholarship program is online at http://www.emporia.edu/finaid/scholarships/#Hornet_General or by calling toll-free 1-877-GO-TO-ESU (877-468-6378).