Daemen College Receives $50,000 Grant from William Randolph Hearst Foundations
$50,000 Grant from William Randolph Hearst Foundations will fund Daemen Scholarships for Low Income Students
April 12, 2013
Contact: Mike Andrei
Daemen College has received a $50,000 grant from the William Randolph Hearst Foundations to fund William Randolph Hearst Scholarships for low-income students.
Hearst Foundations grants are highly competitive and target colleges “demonstrating uncommon success in preparing students to thrive in a global society.”
“Receiving a prestigious Hearst Foundations grant is a tribute to our faculty and to the superb job they are doing in preparing tomorrow’s leaders,” said Daemen President Dr. Gary Olson. “This grant will help support students across the College who demonstrate unmet financial need and show academic promise.”
Students receiving scholarships will be required to maintain good academic standing for renewal of the award. To provide student support, Daemen will create a distinct group for the William Randolph Scholars. The scholars group will be able to take advantage of lunches with professors, special invitations to scholarship-related events, a meeting with the President, and other opportunities to support their success.
The Hearst Foundations scholarship recipients may include students in all Daemen academic majors, including the College’s new animation program.
“We are seeking to support the growth of the animation industry here in Western New York,” noted Dr. Olson. “Daemen’s world class Bachelor of Fine Arts in Animation degree will provide our graduates with the skills to seek employment opportunities right in Buffalo.”
The grant will support nine scholars for a period of three years. Each scholarship would be renewable for up to four years. The College is tentatively planning to start awarding the scholarships prior to the fall, 2013 semester.
Prospective scholarship recipients will be required to fill out a Free Application for Federal Student Aid (FAFSA). Unmet financial need will be determined by the Daemen College Office of Financial Aid and Vice President for Enrollment Management.
The Hearst Foundations identify and fund outstanding nonprofits to ensure that people of all backgrounds in the United States have the opportunity to build healthy, productive and inspiring lives. The Hearst Foundation, Inc. was founded by William Randolph Hearst in 1945. In 1948 Hearst established the California Charities Foundations, later renamed The William Randolph Hearst Foundation.
Both Foundations are guided by the same charitable mission, which reflects the philanthropic interests of their founder. The two Foundations are managed as one entity, sharing the same funding guidelines, leadership and staff. Since inception, the Foundations have made over 19,000 grants totaling more than $925 million.