UDM Michigan Scholars Endowment Fund Established to Help Michigan Students Attend College
University of Detroit Mercy has established a Michigan Scholars Endowment Fund to increase the enrollment of academically talented Michigan high school graduates. Through the generosity of the Mary G. Stange Charitable Trust, which has pledged $1,000,000, UDM has begun to raise a match of $2 million for this newly created endowment scholarship fund. This 2:1 challenge grant will match gifts of all sizes for this endowment.
Throughout its 135-year history, University of Detroit Mercy’s mission has always focused on students making a difference in their communities and our world,” said UDM President Antoine M. Garibaldi, Ph.D. “With the support of the Stange Charitable Trust, we will be able to continue to keep more of our highly talented students in Michigan and obtain their bachelor’s degree from UDM.”
When the challenge has concluded, at least $3,000,000 will have been raised to provide significant scholarship support for a distinguished group of high school graduates to attend UDM. The scholarship will be renewable annually. The challenge solicitation period began July 1, 2012 and will conclude on December 31, 2014. University of Detroit Mercy’s focus on raising funds for scholarships and endowment gifts such as the Michigan Scholars Endowment Fund will be significant components of its upcoming comprehensive campaign.
Release date: September 22, 2012
# # #
The University of Detroit Mercy is Michigan's largest private Catholic University, with more than 100 academic majors and programs. Sponsored by the Society of Jesus (the Jesuits) and the Sisters of Mercy, the University has campuses located in downtown and northwest Detroit.
UDM is one of 28 Jesuit colleges and universities and the largest of 17 Mercy institutions of higher education in the United States. For the 14th consecutive year, University of Detroit Mercy is listed in the top tier of Midwest regional universities in the 2015 edition of the U.S. News & World Report's "Best Colleges" rankings.