EMPORIA STATE UNIVERSITY — ESU Foundation Board of Trustees Chair Lana Oleen and ESU Interim President Ed Flentje announced today a new partnership that expands scholarship funding at Emporia State University by $7.5 million over the next five years.
“This agreement represents a significant partnership between the University and the Foundation,” said Oleen, who has served as a trustee since 2006.
“The role of the Foundation is to raise, receive, invest, allocate, and exercise stewardship for private gifts benefiting ESU. We believe our students’ futures are our most important investments,” said Oleen who earned both bachelor’s and master’s degrees from ESU.
“I am very pleased that the ESU Trustees have made this decision, as their collective action puts in motion the ability to more than double the level of scholarship awards over the next five years.”
The new plan, which takes effect for students entering ESU in Fall 2012, has two important components. First, it increases the dollar amount of merit-based scholarships for both first-time freshmen and transfer students. Second, it extends the renewability of the scholarships based on academic performance.
“We believe this partnership with the ESU Foundation will be a major step in attracting new full-time, on-campus students,” said Flentje, “and keeping them as ESU Hornets throughout their academic career.”
“This action by Foundation trustees will make ESU’s already affordable tuition even more affordable,” said Flentje.
Laura Eddy, director of ESU Admissions, explained the new scholarship plan: “Under the program, awards for first-time freshmen are offered at three scholarship levels — ESU Presidential Scholars, ESU Foundation Scholars and ESU Hornet Scholars — that are tied to college entrance scores and high school grades.”
“I am also proud that action by the Foundation Board allows the University to re-establish Presidential Scholars with our highest level of merit scholarships,” Flentje said. “We also want to commend the ESU Foundation for its significant contribution and support with the establishment of Foundation Scholars.
“The University could not offer these awards without the stewardship of the Foundation.”
Freshman scholarship recipients who achieve and maintain academic standards may gain funding for a total of eight semesters. Scholarships for first-time transfer students are renewable for up to four total semesters, said Eddy.
Under the program, first-time freshmen can qualify for funding ranging from $1,000 to $3,600, based on academic performance. With current tuition at $4,952, scholarships could pay from one-fifth to nearly three-quarters of the bill.
Awards for transfer students range from $1,600 to $3,000 and equate to one-third to two-thirds of tuition, based on academic performance.
More information about the new 2012-13 scholarship program is online at http://www.emporia.edu/finaid/scholarships/#ESU_Scholarship_Programs or by calling toll-free 1-877-GO-TO-ESU (877-468-6378)
The priority application deadline for Fall 2012 scholarships is February 15th of next year.