Oregon Student Access Commission Receives Sizeable Bequest to Fund Annual Scholarships for Eugene Students
Theodore and Dorothy Schultz Memorial Scholarship
February 8, 2012
Eugene, OR – The Oregon Student Access Commission (OSAC) is pleased to announce a new scholarship program for Eugene students bound for college. OSAC recently received an $820,000 bequest to fund scholarships for eligible graduating seniors of nine Eugene public high schools each year.
According to OSAC Executive Director Josette Green, this generous donation comes at a critical time when students and parents are seeing an increase in the cost of higher education. "This new scholarship program is named for Theodore and Dorothy Schultz, who bequeathed the funds to OSAC for scholarship purposes. Their generosity will make it a little easier on the pocketbooks of many families in Eugene planning to send their son or daughter off to college in the fall," said Green.
OSAC is using the donation to establish an endowment with The Oregon Community Foundation to fund the scholarship program in perpetuity for Eugene students.
For the academic year 2012-2013, more than $35,000 in scholarships will be awarded to eligible graduating seniors from both the Eugene School District 4J and Bethel School District 52 high schools. The high schools from the Eugene School District include Churchill, Network Charter School, Eugene Education Options, North Eugene, Sheldon, and South Eugene; and from the Bethel School District, HomeSource Family Charter, Kalapuya, and Willamette high schools.
"It's inspiring to see such a generous bequest directly supporting this crucial cause: opening doors of opportunity for our community's youth," said Dr. Sheldon Berman, Superintendent of Eugene School District 4J. "For some promising students, this scholarship program will shift the balance of whether college is an attainable goal or an unaffordable dream. That difference is life-changing."
"This new scholarship is significant because it is substantial" said Colt Gill, Superintendent of Bethel schools. "It carries the ability to change the path of some of our student's lives. Our teachers have been teaching to higher standards, graduating our students so that they are college-ready. In today's economy, college is both a necessity for future success and a real financial burden for our students and their families. This scholarship will provide an opportunity that some students may not have otherwise had."
Graduating Eugene high school seniors may attend full time or half time at any postsecondary institution in the United States. Students with a cumulative GPA between 2.5 to 3.5 are preferred, but not required, and should complete the Free Application for Federal Financial Aid (FAFSA) to be considered for the award.
"This is a one-time scholarship award for students. Each year, nine new graduating seniors will be selected to receive an award," said Green.
To apply for the Theodore and Dorothy Schultz Memorial Scholarship, complete the online OSAC Scholarship Application at www.OregonStudentAid.gov/scholarships.aspx.
Deadline to apply for the 2012-13 academic year is March 1, 2012.
OSAC administers more than 400 scholarship programs and awards more than $15 million annually to Oregon students attending a postsecondary institution. The OSAC Scholarship Application allows students to apply for which they qualify, using one easy online application, and increasing their chances of receiving more scholarship awards.
Scholarships are funded by private individuals, employers, membership organizations, financial institutions, and foundations, including The Oregon Community Foundation and The Ford Family Foundation. Persons interested in establishing a scholarship program or contributing to an existing program, may contact Joyce Berman, OSAC Development Specialist at 541-687-7400.