Who:  The Ohio State University at Lima
What: 
Rudd Scholarships
When:
  by March 1
Where: 
Admissions

Contact: 
Office of Admissions at (419) 995-8391
 

For Immediate Release

February 9, 2005

 

CONTACT: Pam Joseph at (419) 995-8284

 

Rudd Scholarship Fund makes full tuition scholarships possible for Ohio State Lima students

Ohio State Lima will award more than $5 million in financial aid to its students in the 2005-2006 academic year

For the first time in its history, The Ohio State University at Lima will be able to award several full and half tuition scholarships to incoming freshmen thanks to a generous gift by Arthur and Marian Rudd that will provide an additional $100,000 in scholarships each year.

“Arthur and Marian Rudd were known for their interest in and dedication to education. This endowment shows the priority they put on the ability to improve your life through education,” said John R. Snyder, Dean and Director at Ohio State Lima. “This is a unique opportunity for our students. The gift of a full or partial scholarship will allow them to concentrate even more fully on their studies and get even more out of their University experience.”

The Arthur and Marian Rudd Scholarship Fund will provide three full and three half tuition scholarships each year to students for whom such an award would make a significant financial difference. The scholarships are renewable for four years. At current tuition levels, the full scholarship will be worth about $5,000 per year and $20,000 over the life of the scholarship. Other nonrenewable Rudd Scholarships will be available for current Ohio State Lima students. The amounts of those awards will vary as more of the renewable scholarships cycle in over the next several years.

“Ohio State Lima has been fortunate to receive gifts of all sizes for scholarships,” Snyder said. “As the number of students attending the regional campuses increases, the need for scholarships of all kinds increases as well.”

The endowment at Ohio State Lima continues to grow over time with the addition of gifts like the Rudds’. Such efforts have become increasingly important to help keep student debt load low upon graduation.

“A recent study by the National Center for Education Statistics shows that about 50 percent of recent college graduates have student loans, with an average student loan debt of $10,000,” said Beth Keehn, Director of Admissions at Ohio State Lima. “With the addition of the Rudd scholarship, more of our students will not have to join those ranks.”

More than 64 percent of current Ohio State Lima students received some sort of financial aid during the recently completed Autumn Quarter 2004. For the 2004-2005 academic year, Ohio State Lima will award well over $5 million in scholarships, grants and loans.

Applications for the Rudd Scholarships are available for incoming freshman from high school guidance counselors in Allen and Auglaize counties or by calling the Office of Admissions at (419) 995-8391.

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The Office of External Relations
The Ohio State University at Lima
4240 Campus Drive
Lima, OH  45804
(419) 995-8284
FAX (419) 995-8444