2 minute read
EMERGENCY FUND LIFTS STRUGGLING STUDENTS
COVID-19’s casualties go far beyond those who become ill. The economic shake-up affected numerous Trulaske students, and some needed a helping hand during a difficult time. A new fund founded last year during the pandemic has become a permanent service at the college.
Last spring, a Trulaske professor noticed a student Zooming into online classes every week from a parked car. Reaching out to see what was going on, he learned the student had lost his housing and had been couch surfing at friends’ apartments. Because of a new fund at the college, the professor could offer something more than sympathy — the student could apply for emergency financial help. “When we realized that a large group of Trulaske students was having financial difficulty and having a hard time staying in their academic programs, we partnered with the Walker Foundation to establish the Trulaske College of Business Student Emergency Fund,” says Gay Albright, the college’s associate dean of undergraduate programs. As word spread, applications started coming in, revealing the serious financial stresses students were coping with. Some had lost their jobs or could no longer rely on family support. Others faced unexpected medical bills, car repairs or school expenses.
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So far, the fund has paid out $128,278, helping 33 students overcome financial obstacles and continue their education. Unlike scholarships and other long-term financial aid, this fund responds to short-term problems. Even after the pandemic subsides, it will remain in place.
“We now have a fund we can tap into to help students through personal financial crises,” says Jeremy Diener, executive director for advancement at the college. The Walker Foundation matches gifts to the fund at 50%. Diener hopes to see this effort grow through a Mizzou Give Direct entry (mizzougivedirect.missouri.edu).
By the Numbers
The Problems
During the pandemic, Trulaske students faced a range of financial challenges for which they needed emergency assistance. These included unforeseen medical expenses, hospitalizations and surgeries; car repairs for commuting to work; loss of job or reduced work hours due to COVID; parents losing jobs or hours due to COVID; and upgraded Wi-Fi needed for online learning.
The Relief
Fall 2020 semester 29 students applied for emergency funds 23 received an award $88,658 in emergency aid provided
Total to date: $128,278
provided to 33 students
