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Commitments received to date: $200,000 |
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How to designate your gift to the "Investing in Students" fund:
>>Go to online contribution form
When making a gift by mail or fax,
please indicate that you wish to designate your gift to the
"Investing in Students" fund.
Questions: |
Investing in Students
The “Investing in Students” initiative
is designed to provide increased financial assistance to students in advance of an
anticipated state funding crisis.
The special fund drive will generate gifts from University constituents –
alumni, friends, faculty/staff, corporations and the Kirksville area – to
provide extra support for students who will be facing additional hardships
during the 2009-2010 academic year.
“The cost of education is requiring a greater commitment from students and their
families,” said Dr. Darrell Krueger, Truman president. “In recent years, federal
grant and loan programs have deteriorated, and coupled with the anticipated
reduction in state aid, this combination will create hardship for many
families.”
Truman students may apply for the special awards program that will provide an
additional $1,000 grant for the 2009-2010 school year. The program will be
administered by the
Office of Financial Aid. Students must meet certain application
guidelines that demonstrate financial need, including a filing of the Free
Application for Federal Student Aid (FAFSA) form.
The fund was established in January 2009 with a
$30,000 pledge from Krueger and his wife, Nancy, to assist 30 Truman students
with financial need next year.
“These are extraordinary times, and the global financial crisis has reached
Missouri and Truman,” Krueger said. “This initiative is designed to proactively
lend a helping hand to our most financially needy students in preparation for
what appears to be a very difficult budget year ahead.”
In December 2008, presidents of all state public universities in Missouri were asked
by state legislative officials to develop state appropriation reduction
scenarios in increments of 15, 20 and 25 percent for the next fiscal year. For Truman, a 15 percent decline in state
appropriation translates into a $6.2 million reduction in funding, while a 25
percent drop means $10.4 million in reduced funding.
“While the University continues to deal with the complex and ongoing economic
realities from a position of strength and confidence, there are many variables
in play as we begin preparation for next year’s budget,” Krueger said. “The
campus community is working together to protect the quality of Truman, a rare
gem among higher education institutions whose distinctive qualities must be
preserved.”
The initiative is part of Truman’s Bright Minds Bright Futures fundraising
campaign that opened in the summer of 2006. The five-year, $30 million effort
has generated $15.9 million in advance commitments and will begin the public
phase later in 2009. Student scholarships have been a significant priority with
$3.01 million in cash and $5.61 million in deferred gifts received to date.
For more
information on making a gift to the Truman State University
Foundation contact:
Office of Advancement
McClain Hall 205
100 E. Normal Ave.
Kirksville, MO 63501-4221
Toll free (800) 452-6678
Telephone (660) 785-4133
Fax (660) 785-7519