Scholarship is a University-wide effort
Wednesday, May 26, 2010
Thanks to an anonymous and very generous alumna, and the dedication of a number of campus constituents, scholarships will continue here at St. Cloud State. The alumna offered a matching gift of $106,000 if St. Cloud State could raise an additional $53,000.
Working with the College Deans and many other dedicated donors, the St. Cloud State was able to reach the goal. Donors included friends and alumni, and nearly $20,000 was raised from members of the St. Cloud State University Foundation Board of Trustees. The effort was completed in early March and funds were made available to students.
Because of the poor performance of the stock market FY09 (ending June 30, ’09), St. Cloud State was unable to make funds available to scholarships from endowment earnings. In very tough economic times it is good to pass along a story that marks the dedication of a number of campus constituents that have made it possible to restore the scholarship funds for students.