As the first in his family to attend a four-year college, Michael Tubbs, ’12, is grateful for the opportunities he’s found at Stanford. He’s already paying it forward by founding a nonprofit to help low-income students apply to college. Gifts to The Stanford Fund and endowed scholarship funds make Stanford a reality for students of all backgrounds.
Kristin Trone, ’13, had dreamed of coming to Stanford since elementary school, but when her acceptance letter finally arrived, she was afraid she’d have to set it aside. Gifts to The Stanford Fund and to endowed scholarship funds ensure that low- and middle-income students are able to come to Stanford, even when faced with unexpected financial hardship.
Two-time Heisman Trophy finalist Andrew Luck, ’12, is the recipient of the Frank Albert Memorial Scholarship. The Stanford Challenge included endowed athletic scholarships and annual giving to the Buck/Cardinal Club, which together provide financial aid to more than 500 student-athletes each year. As quarterback, Andrew led the Cardinal to back-to-back 11-win regular seasons and two consecutive BCS bowl appearances—while majoring in architectural design at the School of Engineering.
Financial Aid Holds Firm
The Stanford Challenge sustained a historic commitment to financial aid. Although the Great Depression had put his father out of work for seven years, David Kennedy, ’63, became the first in his family to go to college. A scholarship brought him to Stanford, where he later became a beloved professor of history and won the Pulitzer Prize for his account of Depression-era America. Today, even in a challenging economy, half of all Stanford undergrads receive need-based scholarships.
Need-Blind Admission Comes Through
Coming from a tough neighborhood in Chicago, going to college was a chance to change her life. Thanks to a scholarship, Miriam Rivera, ’86, MA ’89, JD/MBA ’95, made it to Stanford and went on to a distinguished career in law and business. “I went back to ask the name of my donor so I could say ‘Thank you,’” says Rivera, who also endowed a scholarship to help others. At Stanford, need-blind admission continues to be backed by one of the most generous financial aid programs in the country.
- Expanding OpportunitiesA first-generation college students reflects on opportunities found at Stanford.
- Ensuring AccessScholarships help students achieve their dreams at Stanford.
- Athletic ScholarshipsAthletic scholarships help Stanford attract top athletes.
- Financial Aid Holds FirmThe Stanford Challenge sustained a historic commitment to financial aid.
- Need-Blind Admission Comes Through
A scholarship recipient gives back to help others.
The economic downturn challenged this new commitment. With more students needing more aid, the university’s budget for scholarships doubled in the five years from 2005 through 2010. In response, the university increased The Stanford Challenge fundraising goal for endowed scholarships to $300 million.
Half of Stanford undergraduates now depend on scholarships from the university—up from 40 percent prior to the recession. But the university’s commitment to financial aid and need-blind admission holds firm.