Named scholarships

When it comes to earning a college degree, the greatest obstacle can be funding.

For this reason, The University of Akron is pleased for the opportunity each year to assist talented, deserving students achieve their dreams, thanks to more than 1,300 named scholarships established through the kindness and generosity of thousands of UA alumni and friends, corporations, and foundations.

Scholarships truly are the best way to ensure that today’s students persist to graduation. Scholarships allow students to enroll full time and remain focused on their studies; they also reduce drop-out rates, decrease the stress of student loans, and shorten the road to graduation.

The need for scholarships grows each year, however, as students continue to face an increased financial burden in pursuit of a college degree. In fact, 94 percent of today’s baccalaureate students borrow to pay for college – versus just 45 percent in 1993. Across the country, the average college-related debt for borrowers in the class of 2016 was $37,172; for Ohio students, that figure was $30,239.

If you are interested in making a significant contribution to student success, please consider a gift to the MAKING A DIFFERENCE AND MOVING FORWARD scholarship campaign, which is the University's most important initiative. You may also establish a named scholarship at The University of Akron, which can be created to honor a living person, in memory of a loved one, or to contribute to the growth of an area of study.

To learn more, please contact the Department of Development at 330-972-7238

How do I apply for a scholarship?

This is not the page to apply for scholarships.

Students who want to apply for scholarships should visit the scholarship page on the Financial Aid site.

The Department of Development does not accept applications for or distribute scholarships. Scholarships are distributed through the University’s Office of Student Financial Aid.

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Calhoun, Kenneth L. Scholarship for Excellence in Finance

The Kenneth L. Calhoun Scholarship for Excellence in Finance was created in 1998 by a grant from the Kenneth L. Calhoun Charitable Trust. Mr. Calhoun, a stranger to many, was a salesman for The Goodyear Tire and Rubber Company. While traveling throughout the United States, leasing tires to bus, truck, and taxicab fleets, Calhoun lived off of his expense accounts. This lifestyle enabled Calhoun to save his money, which he invested wisely. Calhoun was not a permanent resident of Akron until later in his life, when the tire company that he once worked for repaid his loyalty in a time of need. With the help of his friend, Phillip Bradley, Calhoun lived his final years in Silver Lake and set up the Kenneth L. Calhoun Charitable Trust. This scholarship is awarded to an incoming freshman in the College of Business Administration. The recipient will receive expenses to cover tuition, with preference given to students who intend to major in finance. This scholarship is renewable based on academic qualifications. Selection of the recipient will be based on merit and determined by the College of Business Administration Scholarship Committee.

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