ڰ receives $21,379 grant to help needy students with educational expenses
November 17, 2008
ڰ has received a $21,379 grant to assist financially needy juniors, seniors and graduate students with educational expenses, according to Sally Long, ڰ director of corporate and foundation relations.
The grant is from the Student Loan Fund of Idaho Education Fund managed by the nonprofit Idaho Community Foundation. The ICF – Idaho's only community foundation— manages nearly 400 charitable funds on behalf of individuals, families, organizations, and businesses across the state.
Thanks to the gift, ڰ has established the Special Circumstances Need-Based Grant Program to cover the emergency and unexpected educational costs of qualifying junior, senior and graduate students.
“We are hopeful this generous gift and the Need-Based Grant Program will help more of our students stay in school and alleviate the need to take out excessive student loans to cover expenses,” said Jody Finnegan, ڰ associate director of scholarships.
Of the 9,000 ڰ students who receive federal financial aid each year, 70 percent are independent students who do not get financial assistance from their parents; another 53 percent are students who are supporting children.
ڰ expects to assist 25 students with $800 Need-Based grants this academic year. To qualify, students must attend ڰ full time, be an Idaho resident and have a “documented special circumstance,” said Finnegan.
For more information about Special Circumstances Need-Based grants, contact the ڰ Office of Financial Aid and Scholarships at (208) 282-2756.
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