FOR IMMEDIATE RELEASE
Loyola University Chicago Selected for Degree Completion Pilot Program
$21,000 Grant from AT&T Will Help Students Finish Their Degrees
CHICAGO, July 10, 2013 – Loyola University Chicago has been selected for a scholarship program that will allow students with one year or less remaining to remain in school and finish their degrees.
The pilot program, called “Crossing the Finish Line,” is funded by AT&T and includes a $21,000 grant to provide scholarships to students who have only one year of study or less to complete their degrees, but have been prevented from doing so for financial reasons. The program will assist up to seven students with each receiving as much as $4,000 for tuition.
“It is crucial for students to complete their degrees on time and begin paying off loans,” said Paul Roberts, associate provost for enrollment management at Loyola University Chicago. “The AT&T program will allow Loyola students, who would not have been able to return to class otherwise, to walk across the stage and receive their degrees.”
Only undergraduate students who are in good academic standing and close to completing their first degree can be considered. They must be able to graduate next May after attending full time for the 2013–2014 academic year. However, they need to be in such a financial position now that enrolling in the fall without additional help will be impossible.
The Loyola Financial Aid Office is working to identify candidates and plans to have contacts made with individual students within the next two weeks.
Students can qualify for other federal, state, and Loyola financial aid in addition to the “Crossing the Finish Line” grant. The Federation of Independent Illinois Colleges and Universities structured and secured the grant with AT&T and the Illinois Institute of Independent Colleges and Universities will administer the program.
Loyola is one of two schools selected for this program. MacMurray College in Jacksonville, Illinois will be the other pilot school.
About Loyola University Chicago
Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with nearly 16,000 students. Almost 10,000 undergraduates hailing from all 50 states and 82 countries call Loyola home. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Beijing, China; Saigon-Ho Chi Minh City, Vietnam; Vernon Hills, Illinois (Cuneo Mansion and Gardens); and a Retreat and Ecology Campus in Woodstock, Illinois. The University features 10 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Law, School of Social Work, and Graduate School. Consistently ranked a top national university by U.S.News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. To learn more about Loyola, visit LUC.edu, “like” us at Facebook.com/LoyolaChicago, or follow us on Twitter via @LoyolaChicago or @LoyolaNewsroom.