The School of Engineering is pleased to partner with the University of Connecticut in its recently announced President’s Challenge Award aimed at raising $100 million in student aid over the next five years.
Dr. Michael Hogan has unveiled a new initiative that seeks to provide dedicated students with the financial support they need to fulfill their academic dreams at UConn. The President’s Challenge is rooted in two realities: tuition and living expenses at the UConn campus have risen more than 60% in the last decade, and the current economic climate makes it difficult for many deserving students to complete their college educations.
“The President’s Challenge affords alumni and friends a meaningful way to invest in our talented students and, indeed, the nation’s future,” said Dean of Engineering Mun Y. Choi. “An affordable, superb education pays enormous dividends — to employers, employees and society. Everyone wins.”
The President’s Challenge seeks to provide both need- and merit-based scholarships and fellowships to undergraduate and graduate students. As a donor, you have the opportunity to establish the criteria used to determine who receives the scholarship or fellowship monies.
The Challenge applies to:
- New endowments of $25,000 or higher (note that you may establish a named endowment gift at this level), paid fully in five years or less, and
- Non-endowed gifts of $10,000 or higher, paid fully in four years or less.
Once the full amount has been paid, non-endowed gifts will be matched at a rate of 1:2 and the income generated from endowed gifts will be matched at a rate of 1:1 for the next four years.
Please contact Don Swinton to learn more the President’s Challenge, or for more information, please visit the UConn Foundation website at
www.foundation.uconn.edu/presidents-challenge.html.
Don Swinton
dswinton@foundation.uconn.edu
(860) 486-8923
