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PARTNERS in Community - Fall 2024

Page 6

2 0 24 AWA R D S TO S T U D E N T S

Scholarships and Challenge Scholars Grand Rapids Community Foundation is committed to creating opportunities and providing support for students. Through our annual General Scholarships program, the Community Foundation awards more than $1 million each year to students. We also provide scholarships to Challenge Scholars, a program built to support students and families on Grand Rapids’ west side to cover education costs after high school. Below is a summary of our recent support for students through scholarships.

$1,685,138 in scholarships to students

$1,235,751 General Scholarships

485

Challenge Scholars

397 General Scholarship Fund recipients 61% of students are the first in 88 Challenge Scholars recipients their family to attend college

“I HAVE ALWAYS KNOWN PAYING FOR COLLEGE WAS GOING TO BE A STRUGGLE. DECIDING PHARMACY WAS THE PATHWAY FOR ME MADE ME WORRIED. IT REQUIRES A DOCTORATE, WHICH IS A VERY EXPENSIVE DEGREE TO OBTAIN. THIS SCHOLARSHIP WILL HELP ME SIGNIFICANTLY SUCCEED IN MY FUTURE EDUCATION AND HELP WITH THE FINANCIAL BURDEN THAT COMES WITH IT.” – CARALYN, STUDENT AT FERRIS STATE UNIVERSITY

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$449,387

70%

students of

MOST

scholarship recipients are first-generation students

are students of color

STUDENTS ARE

PURSUING

4-YEAR

DEGREES Students can also use scholarship awards to attend trade programs

Top institutions students choose to attend: Michigan State University I Grand Valley State University University of Michigan I Grand Rapids Community College I Western Michigan University

296

485

49

are graduate students!

A scholarship from the Community Foundation is one piece of a complicated financial aid puzzle. Even with federal, state, local or institution-based aid, a majority of recipients report unmet financial need. Scholarships reduce their loan burden.


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