The University’s Foundation board of directors took steps to ensure deserving students who were facing financial hardships due to the COVID-19 pandemic were able to attend UM this fall, as it approved an additional $1.25 million in scholarship funding during a May 2020 meeting.
The additional needs-based scholarships assisted new and returning students who were facing financial hardships due to the outbreak.
“During these unprecedented times, it is of utmost importance to offer additional assistance where possible,” said Karen Kelly ’80, Foundation board chair. “The board unanimously agreed that providing funds in the form of scholarships for current and future students experiencing unexpected financial need is critical to helping the University advance its mission in the immediate future and critical to helping make a long-term difference in the lives of students. We are very excited to have the opportunity to do so.”
Recruitment scholarships for new students were awarded based on need through the UM Financial Aid Office with assistance from the Office of Admissions.
Retention scholarships for returning students were needs-based, and were awarded by the Financial Aid Office with assistance from Admissions and the Falcon Success Center.
The recruitment and retention scholarships were available to cover expenses such as tuition and fees.
“Like many universities, Montevallo and its students were hit hard by the effects of COVID-19,” said UM Dean of Students Dr. Tammi Dahle. “Without the generosity of the UM Foundation in the form of recruitment and retention scholarships, many UM students would not have been able to begin or continue their education. We are extremely grateful to the UM Foundation for their commitment to our students during this challenging time.”
The University of Montevallo’s Foundation Board was founded in 1973. The Foundation’s focus is to advance the mission of the University, and it accomplishes this by soliciting philanthropic gifts and accepting alumni donations. Those funds are then passed directly to the University or invested to earn dividends and interest to support the Foundation’s mission statement.