Oct 17th, 2018 @ 11:04 am | Author: Greg Vanney
The VCSU Foundation has allocated an all-time record $1.623 million for scholarship support of VCSU students in 2018–19.
The record allocation represents a $198,000 increase (nearly
14 percent) over the 2017-18 allocation of $1.425 million. “The foundation’s ability to fund scholarships at this level is a key factor in attracting students to campus and growing and maintaining enrollment,” said Larry Robinson, VCSU executive director of university advancement. “This large investment by the institution also helps minimize student debt load, an important consideration as our graduates enter the work world or go on to graduate school.”
The Foundation Office works closely with the VCSU Enrollment Services and Financial Aid offices in securing and distributing scholarship dollars to students. The foundation relies on active annual giving campaigns and income from an asset base of nearly $15 million to fund its support of student scholarships.