Listen to this article.
UNIVERSITY PARK, Pa. — An anonymous Penn State donor couple has made a gift of $5 million to endow a scholarship for students with financial need in the College of Nursing. This is the largest single gift the college has received in its six-year history. In addition, the University is matching the gift 1:1, bringing the scholarship endowment total to $10 million. Students from western Pennsylvania and rural regions of the commonwealth will be given first preference for the awards.
“The College of Nursing’s potential for impact on the health of communities across the commonwealth is vast, and these donors have recognized that potential through this remarkable gift,” said Penn State President Eric J. Barron. “Their support will help to address the commonwealth’s pressing need for health care professionals and allow recipients to forge meaningful careers in nursing, transforming their own lives. We’re very grateful for this generous gift.”
College of Nursing undergraduates who must meet the cost of a Penn State degree with loans graduate, on average, with an educational debt of more than $42,500. Recipients of the scholarship, however, will receive annual awards of up to $10,000. This will significantly reduce their debt and allow them more latitude to choose jobs in high-need but lower-paid geographic areas and medical fields that present the most urgent need for nurses.
“The extraordinary couple who made this gift have been impressed by the excellence of Penn State’s nursing programs,” said Laurie Badzek, dean and professor of the College of Nursing. “In particular, they appreciate our work to prepare a generation of nurses with a solid grounding in geriatrics and community health.”
“Nursing is a discipline that touches everyone’s life at some point, and these generous donors are helping to ensure better care across the commonwealth,” said Susan Kukic, director of development and alumni relations for the college. “While they have chosen to remain anonymous, they are important role models whose vision for the future of our students and our college will, I hope, inspire others to consider how they can support excellence in nursing and nursing education.”
For information on this scholarship and the nursing program at Penn State, visit here.
Latest posts by DailyNurse Staff (see all)
- Home-Based Primary Care Provider Reduces Vets’ Excess Meds - October 8, 2019
- Penn State Donors Establish $10 Million Nursing Scholarship - October 1, 2019
- University of San Francisco RN-MSN Pre-Application Webinar and Offer - October 2, 2018