North Carolina Independent Colleges and Universities Distributes $97,200 in UPS Scholarships to North Carolina Private Colleges
April 12, 2012
North Carolina Independent Colleges and Universities (NCICU) has distributed $97,200 in UPS Scholarships at private colleges and universities in the state. The scholarships were made possible by a grant to NCICU from the UPS Educational Endowment Fund of the Foundation of the Foundation for Independent Higher Education (FIHE) which is held by the Council for Independent Colleges (CIC) in Washington, D.C.
Nationally, CIC and the UPS Foundation teamed up to provide more than $1.5 million in student scholarships this year through state-based private college associations around the country, including a grant of $97,200 to NCICU. These scholarships are awarded on the basis of the students' academic achievement and financial need.
Colleges in the state which received UPS Scholarships this year from NCICU include Barton College, Belmont Abbey College, Bennett College for Women, Brevard College, Cabarrus College of Health Sciences, Campbell University, Catawba College, Chowan University, Davidson College, Duke University, Elon University, Gardner-Webb University, Greensboro College, Guilford College, High Point University, Johnson C. Smith University, Lees-McRae College, Lenoir-Rhyne University, Livingstone College, Louisburg College, Mars Hill College, Meredith College, Methodist University, Montreat College, Mount Olive College, N.C. Wesleyan College, Pfeiffer University, Queens University of Charlotte, St. Andrews University, Saint Augustine's College, Salem College, Shaw University, Wake Forest University, Warren Wilson College, William Peace University, and Wingate University.
CIC's UPS Educational Endowment Fund, which is held and administered by CIC, was initiated through endowment gifts from the UPS Foundation to FIHE totaling $4 million and is now valued over $36 million. Since its inception, this fund has awarded over $46 million in scholarship support to over 15,000 students nationwide.
"A college degree opens the door to countless opportunities," said Ken Sternad, president of The UPS Foundation. "UPS takes great pride in our long-standing partnership with FIHE and in our support of thousands of students over the years who have been able to pursue an education from our nation's private colleges."
"This joint UPS/FIHE scholarship program has a direct, tangible impact on the education and careers of hundreds of young men and women each year," said Ned Moore, Executive Director of FIHE. "Because so many young men and women don't have the financial resources to complete their college education, the UPS Scholarships are critically important."
About The Council of Independent Colleges
The Council of Independent Colleges (CIC) is an association of more than 600 independent, liberal arts colleges and universities and more than 70 higher education affiliates and organizations that work together to strengthen college and university leadership, sustain high-quality education, and enhance private higher education's contributions to society. To fulfill this mission, CIC provides its members with skills, tools, and knowledge that address aspects of leadership, financial management and performance, academic quality, and institutional visibility. In addition, resources are developed through its Foundational of Independent Higher Education division and its 32 network of State Fund Members. The Council is headquartered at One Dupont Circle in Washington, DC. For more information, visit www.cic.edu.
About the UPS Foundation
Founded in 1951 and based in Atlanta, GA, The UPS Foundation's major areas of focus include community safety, nonprofit effectiveness, economic and global literacy, environmental sustainability, and diversity. The UPS Foundation pursues these initiatives by identifying specific projects where its support can help produce a measurable social impact. The UPS Foundation directed more than $100 million in philanthropy to charitable organizations worldwide. Visit community.ups.com for more information about UPS's community involvement.
About North Carolina Independent Colleges and Universities
NCICU is a 501(c) 3 non-profit corporation that represents North Carolina's 36 private colleges and universities. The mission of NCICU is to support, represent, and advocate for North Carolina independent higher education. NCICU represents independent higher education in the areas of state and federal public policy and on education issues with the other sectors of education in the state. They also provide research and information to and about private colleges and universities, conduct staff development opportunities and coordinate collaborative programs. For more information about NCICU, visit www.ncicu.org.