The President's Fund
An endowed scholarship for students from diverse backgrounds able to meet the intellectual demands of a Kenyon education but not the financial ones
With generous leadership from former board chair Barry F. Schwartz ’70, H’15, Kenyon seeks $20 million to establish and endow The President’s Fund for academic excellence and diversity. As endowment, The President Fund will expand Kenyon’s annual financial aid budget, providing vital need-based aid year after year. Endowed funds offer a guaranteed source of annual support that grows each year — generating spendable dollars equal to approximately 4.5 percent of the fund’s market value. Awards from The President’s Fund will be directed to underrepresented students whose family income is in the bottom 60 percent of family incomes across the U.S., enhancing Kenyon’s economic diversity as well as our racial and ethnic diversity.
To remain competitive, we must be an institution that is not only attractive but accessible to students from diverse backgrounds,including a range of socioeconomic groups. This diversity strengthens the learning environment by creating a campus and classroom environment where ideas are asserted, contested and challenged from different perspectives. This is our path forward.
The Scholarship Matching Fund
The opportunity to double your impact
A new matching fund offer means you can do more to move the needle on one of the biggest challenges we face: securing financial aid for students of high achievement and high financial need. We believe that every student who can meet the intellectual demands of a Kenyon education should have access to a Kenyon education, no matter their family income or background. Financial aid is the fastest growing item in our annual budget, reflecting the growing need among our applicant pool.
A $2.5 million challenge will encourage additional investment in financial aid by the Kenyon community. As part of the College’s ongoing comprehensive campaign, gifts to endow new scholarship funds will be matched one-for-one from a dedicated pool for need-based scholarship. Encouraging alumni, family and friends of the College to stretch their giving is vital as Kenyon prepares for its third century.
- Gifts must be for the purpose of establishing a need-based scholarship or adding between $250,000 and $500,000 to an existing need-based scholarship.
- A gift between $250,000 and $500,000 to The President’s Fund would qualify for a match from this pool.
- In recognition of the urgency, pledges must be fulfilled by December 31, 2021, to qualify for the matching funds.
Middle Path Scholarship
Expanding opportunities for dynamic young leaders
For nearly 200 years, Kenyon College has equipped young people with the knowledge and skills, courage and confidence, to be leaders in public, private and professional life. College is one of the most significant investments a family will make, and it is crucial that a Kenyon education be affordable for outstanding students of all economic backgrounds.
The Middle Path Endowed Scholarship Fund is an important tool for putting a Kenyon education within reach of today’s top students. Established in 2007, the fund awards grants to students who demonstrate leadership in their high school communities and who will continue to be leaders at Kenyon. The grants bridge the gap for families whose financial need is modest (less than a quarter of Kenyon’s total cost) but nonetheless is a significant factor in their college decision. Talented students have many choices today — other elite liberal arts colleges, honors programs at their state’s flagship university, regional colleges that offer significant discounts to top applicants. There is no question that Kenyon has a strong competitive position with respect to program; the Middle Path Endowed Scholarship Fund helps the College compete on price.