$1.5 million gift to UH Hilo to fund scholarships & student success
Date: Friday, May 15, 2009
Contact: Alyson Kakugawa-Leong, (808) 974-7642; Martha Hanson, (808) 956-3716
For Immediate Release
“As an institution committed to access and opportunity, UH Hilo is proud to be recognized with this wonderful vote of confidence in our ability to transform the lives of our students. UH Hilo serves as an economic engine for our state and region, and we will repay this investment many times over as our students graduate and take their place in the professional workforce.”
Rose Tseng, Chancellor UH Hilo
Current and future students at the University of Hawaiʻi at Hilo stand to benefit from a recent $1.5 million gift from an anonymous donor, pending acceptance of the gift by the University of Hawai‘i Board of Regents at its meeting May 29. At the donor’s request, $1 million has been designated for financial assistance and scholarships to all eligible students. An additional $500,000 has been designated for unrestricted purposes, enabling the university to advance its goals.
UH Hilo will use this groundbreaking gift to recruit and retain the students from Hawai‘i and elsewhere, to remove barriers to student access and achievement, and to enhance programs and services that support student success.
Additionally, UH Hilo plans to leverage the impact of this donation through a matching gift program. Details of a matching gift opportunity will be announced shortly. “It is our belief that this incredibly generous gift will inspire others in our community to join the Centennial Campaign effort and support UH Hilo priorities," commented Chancellor Rose Tseng. “This gift could not have come at a more opportune time as our students and their families face profound economic challenges and myriad barriers to higher education.” UH Hilo currently has the highest percentage of students receiving financial aid of any of the ten University of Hawai‘i campuses.
"Alumni, faculty, corporations and foundations have long understood that the ability of public universities to achieve their mission is strengthened when state support is augmented by private funds," said Donna Vuchinich, President, University of Hawai‘i Foundation. "Through leveraging this generous gift, students today and in the future, can receive student aid and get the education they need to fulfill their personal potential."
To date UH Hilo has raised over $14 million toward a $15 million goal for the Centennial Campaign, a highly inclusive development effort underway in conjunction with the 100th anniversary of public higher education in Hawai‘i.
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