FOR IMMEDIATE RELEASE
Loyola Awarded Scholarship Support Grant From the Bernard Osher Foundation
Three-Year Grant to Provide Tuition Assistance for Adult Students
CHICAGO, April 10, 2007 –Loyola University Chicago’s School of Continuing and Professional Studies (SCPS) announced today that it has been named the recipient of a student scholarship support grant from the Bernard Osher Foundation. The grant, which awards the SCPS $50,000 per year for three years, followed by a $1M endowment, is intended to assist adults financially as they prepare to resume their college careers.
With the funding, Loyola will launch the Osher Reentry Scholarship Program and underwrite the enrollment of 10 adult students who will be known as Osher Foundation Scholars. Under the terms of the grant, the Osher Reentry Scholars will be able to enroll in up to five courses during the academic year with no tuition burden.
“We know for a fact that financing an education is often the greatest single obstacle for adult students who are interested in returning to school,” says Jeff Rosen, dean of Loyola’s SCPS. “With this grant from the Osher Foundation, we’re able to remove that major burden from the equation and provide direct financial support to students. This is often the chief encouragement that so many reentry students need to allow them to return to academic life and complete their undergraduate degree.”
Under the terms of the grant, the Osher Foundation defines reentry students as individuals whose collegiate studies at a four-year campus were interrupted by circumstances beyond their control and who are now able to resume their university studies. These adult students will find a home at Loyola, as the University has long maintained a practice of supporting the educational goals of adults.
“This University has been committed to educating adult students for nearly a century, and our dedication to them is still very strong,” says Rosen. “A grant of this magnitude and importance is a terrific boost for our program, and provides us with additional momentum to continue to serve all of our adult students and meet their specific educational needs and goals.”
About the Bernard Osher Foundation
The Bernard Osher Foundation, headquartered in San Francisco, was founded in 1977 by Bernard Osher, a respected businessman and community leader. The foundation, which seeks to improve quality of life through support of higher education and the arts, provides post-secondary scholarship funding to colleges and universities across the nation, with special attention to reentry students. It also benefits programs in integrative medicine in the United States and Sweden, a growing national lifelong learning network for seasoned adults, and an array of performing arts organizations, museums, and selected community programs. For more information, please visit www.osherfoundation.org.
About Loyola’s School of Continuing and Professional Studies
Launched in spring 2006, the School of Continuing and Professional Studies at Loyola University Chicago continues a long tradition of unwavering support for working adults who wish to advance their education, starting with the School of Sociology (1914-27) founded by Frederic Siedenburg, S.J.; Downtown College (1927-36); University College (1936-91); Mundelein College (1991-2003); and the School of Professional Studies (2003-06). The School follows in the Jesuit educational tradition by providing application-oriented programs and certificates that prepare working professionals for today’s dynamic workplace. Courses are offered in an accelerated, eight-week evening format with the opportunity to earn up to 30 credit hours per academic year.
About Loyola University Chicago
Committed to preparing people to lead extraordinary lives, Loyola University Chicago was founded in 1870 and is among the largest of the 28 Jesuit colleges and universities in the United States. Loyola has a total enrollment of more than 15,000 students, which includes nearly 10,000 undergraduates hailing from all 50 states and 82 foreign countries. The University has four campuses: three in the greater Chicago area and one in Rome, Italy. Loyola also serves as the U.S. host university to the Beijing Center for Chinese Studies in Beijing, China. Loyola’s nine schools and colleges include arts and sciences, business administration, education, graduate studies, law, medicine, nursing, professional studies, and social work. Loyola offers 69 undergraduate majors, 77 master’s degrees, 36 doctoral degrees, and three professional degree programs. Recognizing Loyola’s excellence in education, U.S. News and World Report has ranked Loyola consistently among the “top national universities” in its annual publications. For more information, please visit our Web site at www.LUC.edu.