KVCC Foundation surpasses $1 million in scholarships awarded since 2005

Sunday, July 12, 2015 8:23 AM

The Kennebec Valley Community College (KVCC) Foundation has awarded more than $1 million in scholarships to students since 2005, and these awards are now reaching more than 200 students annually.

The nonprofit Foundation exceeded the $1 million milestone at the close of the spring 2015 semester; total awards over the past decade now stand at $1.075 million.

The demand for scholarship support for KVCC students is greater than ever, as the number of applications for assistance from students with financial need continues to rise each year.

“Scholarships provide tremendous opportunity for students and open the doors to education for many,” said Michelle Webb, Executive Director of the Foundation. “The increasing need for student support affirms the need to continue to raise funds for scholarships. Currently, the majority of scholarship funds come from private and corporate donations as well as our annual golf tournament.”

More than 75% of KVCC students demonstrate financial need, and scholarships help students to fill the gap between financial aid awards and the total cost of college including tuition, books, tools, transportation, and childcare. A scholarship increases a student’s ability to enroll in and complete a college program, often shortening the time from enrollment to degree, particularly for low-income students. Scholarships can often make the difference in empowering a student to attend college full or part-time, reduce student loan debt, and decrease the likelihood of a student leaving school due to financial hardship.

Last year, as a result of many generous gifts, the KVCC Foundation awarded $153,977 in scholarship funds to reduce the financial burden of college enrollment for more than 210 financially needy students. The Foundation is anticipating continued strong demand for scholarships in the upcoming academic year. To help meet the growing need, The golf tournament planning committee is actively recruiting new players and sponsors for the July 20,, 2015 KVCC Foundation Scholarship Golf Tournament to be held at the Waterville Country Club. Details are available online here...

The Kennebec Valley Community College (KVCC) Foundation was established in 1991 with the goal of supporting both the College and its students. The mission of the Foundation is to provide area citizens with an accessible and affordable quality education. The KVCC Foundation Board of Trustees achieves this goal by raising funds to promote and support all educational programs; to provide state-of-the art equipment and facilities; and to ensure access through scholarship funds for needy students.

 
Posted in: Campus Announcements  PR 

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