UWP Foundation awards $479,000 in scholarships
PLATTEVILLE-Despite substantial budget cuts throughout the state and a struggling economy, the University of Wisconsin-Platteville Foundation was able to award roughly $479,000 in scholarships for the 2002-2003 academic school year.
"The economy hasn't really affected this year's amount of scholarship dollars awarded," said Tracy Smethurst, executive assistant of the UW-Platteville Foundation, who coordinates the scholarship program. "For the 2003-2004 scholarships, the award amounts maybe affected. What we are able to give is based on the market."
While the bulk of scholarships are awarded on academic merits, many scholarship requirements focus on a number of other qualifications such as a student's major, participation in Greek organizations or their potential success as students.
"Scholarships aren't only awarded to students for academic excellence," Smethurst said. "Some scholarships are based on community involvement, some are based on financial need and others are awarded to students who may reflect the persona of whomever the scholarship honors."
Scholarships awarded through the UWP Foundation not only provide students with much-needed financial assistance, but can benefit students in a number of other ways.
"We don't want our alumni to look back on their college days at UWP with memories of struggling to make ends meet," Smethurst said. "Without scholarships, some students might have to drop out of school until they can afford to come back. Scholarships can also help boost a student's self-esteem or give them that added little push to keep their grades up. The benefits of receiving a scholarship really do exceed the financial rewards."
This year, 534 students received or will receive scholarships through the Foundation this year.
"It truly is amazing what people give back to UW-Platteville," Smethurst said.