YSU Foundation to Provide More Scholarships

The Youngstown State University Foundation released its five-year plan Wednesday, and it includes millions of dollars in scholarship money for students.

This year, the foundation awarded 2,500 scholarships worth $5.2 million. Luke Politsky and Catie Carney are Dr. Leslie Cochran University Scholars and they both rely on the scholarship award and the opportunity it brings.

“It’s very much a family relationship with the foundation. We’re grateful for what they do for us,” said Politsky. “There’s such a large network of people connected to this program.”

“I’m getting everything I wanted out of this college experience because of this scholarship,” said Carney. “In one word to describe it, I would say opportunity, the opportunity to engage yourself on campus.”

The YSU Foundation started in 1966 with $13.5 million in assets. Last year, it exceeded $200 million.

“In the assets we hold, we’re in the top third in the country. We’re larger than Kent, larger than Akron, larger than Cleveland State,” said YSU Foundation president Paul McFadden. “We’re very proud of where we are today thanks to our founders.”

The foundation continues to look forward with the unveiling of its new strategic plan that includes more scholarship dollars for students.

“We’ll announce that in a month or two. As you can tell, we are still going through some of our iterations. But it will definitely connote to more dollars to assist students here at YSU,” said McFadden.

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  • http://wkbn.com/2014/03/06/ysu-foundation-increases-scholarship-allocation/ YSU Foundation increases scholarship allocation | WKBN.com | Youngstown, OH news, weather, sports

    […] A year ago, the Foundation board completed a five-year strategic plan that included changes to the w…. In the past, only the income from the Foundation’s endowment holdings was distributed. […]

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