Campaign Focus: Academic Excellence
The endowment projects proposed in the Iona Forever campaign to fund professors, scholarships and coaches will be as or more impactful than the capital projects. Regardless of larger economic forces, Iona’s needs will continue to grow and will require resources to maintain academic excellence. Academic and athletic programs that can exist apart from the operating budget provide continuity and growth. The endowments that fund them provide a means for donors to establish an individual or corporate legacy. Without a significant endowment, it is a challenge to offer support for academic and extracurricular life, without increasing tuition.
Endowed Student Scholarships
A critical component of the campaign, endowed merit and need based scholarships, will have a profound impact on the lives of current and future Iona students and will enable future generations to pursue these noble ideals.
Scholarships offered through Iona Forever will allow the College to expand and balance its financial aid program, freeing up resources to flow into other facets of the Iona academic experience. Gifts, which may be named in honor of or in memory of the donor, will establish investment funds to provide student aid year-in and year-out. This investment structure enables each dollar to work towards the recruitment and support of many future Iona students.
WHAT PEOPLE ARE SAYING
“We continue to both attract highly qualified students but also serve the Iona mission of making our type of education available to all who will benefit from it. We need to have long-term endowed scholarship funds that will allow that to continue in perpetuity.”
Mary Beth Carey, Vice President for Enrollment Management
“I came to Iona for many reasons – the small community feel, the opportunities in the business program, the ability to work with professors – but the scholarship aid here made my higher education possible. I hope even more financial resources are made available to help future generations of students experience what I’ve been able to at Iona.”
Raymond Garo ’15, Business Management Major
“When Edmund Rice first started the Christian Brothers, he wanted to take students who did not have the finances or resources, but had the ability and drive to become smarter people. We have a large segment of our community who really struggle to make ends meet, to come here and afford Iona College and all it offers. If we could begin to subsidize scholarships – science scholarships, scholarships in service – that’s very important. The idea of making Iona more affordable to a larger group of students is one of the key elements of this campaign.”
Br. J. Kevin Devlin, Ed.D., ’61, Senior Director, Center for Student Success