UCM Foundation Launches Scholarships NOW to Help Students
A significant increase in financial aid applications has prompted the University of Central Missouri Foundation to launch a special fundraising drive, Scholarships NOW, to raise more private scholarship dollars to help more students.
"With financial aid applications up 10 percent this fall, many students are reconsidering their college options," said UCM President Aaron Podolefsky. "While more than 80 percent of our students receive some form of financial aid, most of these are loans. We wanted to do something more to help students that wouldn't add to their future debt. That is the reason we are starting Scholarships NOW."
The drive targets alumni and friends as well as corporations and foundations. The goal is to increase both the number and amount of private scholarships for undergraduate and graduate students.
The fundraising initiative offers several giving opportunities, including the newly created Adopt-a-Mule Scholarship, which can be established through a $500 annual gift. For larger gifts of $10,000 and above, people can endow a scholarship, creating a more permanent award. Additional opportunities include planned gifts, such as bequests or will provisions, or life-income gifts, such as charitable remainder trusts.
“We hope that everyone will participate in this exciting opportunity,” said Joe Kremer, chief development officer and executive director of the foundation. “We know that in today’s economy, students and their parents are struggling to find money for college. We are committed to finding additional private support to help students during these tough times.”
For more information, visit the Scholarships NOW web site or contact Kremer at 660-543-8000.