TICUA Distributes $94,500 in UPS Scholarships to Tennessee Private Colleges
Nashville, TN – The Tennessee Independent Colleges and Universities Association (TICUA) has distributed $94,500 in UPS Scholarships to 34 need-based students at private colleges and universities in the State. The scholarships were made possible by a grant, which TICUA received from the UPS Educational Endowment Fund at the Foundation for Independent Higher Education (FIHE) of Washington, D.C.
“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, who over the years have been able to pursue an education from our nation’s private colleges.”
Nationally, FIHE 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. In the nearly 4 decades that TICUA has received gifts, the UPS foundation has provided $2.1 million dollars to college students at Tennessee’s private colleges.
“We are extremely grateful to UPS for the support they have offered Tennessee’s college students through the years,” said Dr. Claude O. Pressnell, Jr., President of TICUA. “These scholarships have aided in ensuring that students state-wide are able to attend the college that best fits their educational and career needs.”
Colleges in the state which received UPS Scholarships this year from TICUA include Aquinas College, Baptist College of Health Sciences, Bethel University, Belmont University, Bryan College, Carson-Newman College, Christian Brothers University, Cumberland University, Fisk University, Free Will Baptist Bible College, Freed-Hardeman University, Johnson Bible College, King College, Lambuth University, Lane College, Lee University, LeMoyne-Owen College, Lincoln Memorial University, Lipscomb University, Martin Methodist College, Maryville College, Meharry Medical College, Memphis College of Art, Milligan College, Middle Tennessee School of Anesthesia, Rhodes College, The University of the South, Southern Adventist University, Southern College of Optometry, Tennessee Wesleyan College, Trevecca Nazarene University, Tusculum College, Union University, Vanderbilt University, and Watkins College of Art, Design and Film.
The UPS Educational Endowment Fund, which is held and administered by FIHE, was initiated through endowment gifts from the UPS Foundation totaling $4 million and is now valued at $35 million. Since its inception, this fund has awarded $46 million in scholarship support to over 15,000 students nationwide.
“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 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. In 2009, the UPS Foundation directed more than $98 million in philanthropy to charitable organizations worldwide. Visit community.ups.com for more information about UPS’s community involvement.
About The Foundation for Independent Higher Education
The Foundation for Independent Higher Education is the national partner in a network of 32 state associations, including the Tennessee Independent Colleges and Universities Association, which develop resources for private colleges and universities. Since its founding in 1958, FIHE and its partners have received more than $1.6 billion in support for private colleges. For more information, visit www.fihe.org
About the Tennessee Independent Colleges and Universities Association
TICUA engages Tennessee's private colleges and universities to work collaboratively in areas of public policy, cost containment, and professional development to better serve the state and its citizens. For more information about TICUA, please visit www.ticua.org