TICUA Distributes $81,600 in UPS Scholarships to Tennessee Private Colleges
The Tennessee Independent Colleges and Universities Association (TICUA) has distributed $81,600 in UPS Scholarships to 34 need-based students at private colleges and universities in the State. The scholarships were made possible by a grant from the UPS Educational Endowment Fund administered by the Council of Independent Colleges (CIC) in Washington, DC. Nationally, CIC and the UPS Foundation teamed up to provide nearly $1.45 million in student scholarships this year which will be distributed through state-based private college associations around the country.
“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 will aid in ensuring that students State-wide are able to attend the college that best fits their educational and career needs.”
Colleges in Tennessee 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 University, King College, 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, Sewanee: 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 CIC, was initiated through endowment gifts from the UPS Foundation totaling $4 million and is now valued at $39 million. Since its inception, this fund has awarded over $48 million in scholarship support to over 16,000 students nationwide. In the nearly 4 decades that TICUA has received gifts, the UPS foundation has provided $2.2 million dollars to college students at Tennessee’s private colleges.
“A college degree opens the door to countless opportunities,” said Ken Sternad, president of the UPS Foundation. “UPS takes great pride in our partnership with CIC 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 / CIC scholarship program has a direct, tangible impact on the education and careers of hundreds of young men and women each year,” said Richard Ekman, president of CIC. “Because so many young men and women don’t have the financial resources to complete their college education, the UPS Scholarships are critically important.”
The Council of Independent Colleges is an association of nearly 700 independent, liberal arts colleges and universities and 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, 32 State Fund Members coordinate programs, provide information, and generate contributions, grants, and gifts in support of private colleges and universities within their respective states. The Council is headquartered at One Dupont Circle in Washington, DC. For more information, visit www.cic.edu.
About the UPS Foundation
UPS (NYSE: UPS) is the world's largest package delivery company and a global leader in supply chain and freight services. Since its founding in 1907, UPS has built a legacy as a caring and responsible corporate citizen, supporting programs that provide long-term solutions to community needs. UPS promotes community involvement through its ongoing volunteerism and grant programs, environmental sustainability,and corporate philanthropy. In 2009, UPS’s charitable contributions totaled nearly $100 million and UPS employees and their families contributed more than 1.2 million hours of volunteer service. The company can be found on the web at UPS.com. To get UPS news direct, visit pressroom.ups.com/RSS.
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 serve better the State and its citizens. For more information about TICUA, please visit www.ticua.org