Match UP: University Partners will Double Scholarship Contributions
By Jody Record, Campus Journal Editor
May 18, 2011
Two UNH employees are among the first to show their support for the university and its future through a new scholarship program that has UNH matching the pay-out contribution for endowed scholarships.
Match Up: University Partners will double the support to students being made by Jan Nisbet, senior vice provost for research, and Kathie Forbes, registrar, and anyone else who donates $25,000 for an endowed scholarship before July 1, 2011. Nisbet and her husband, John Moeschler, a Dartmouth Medical School professor who frequently collaborates with UNH faculty, are chairing the faculty drive.
Their scholarship will aid UNH students from the state of Maine. In a communication with the UNH Foundation, Nisbet noted she and her husband realize the importance of private gifts, having themselves been recipients in the past.
“I hope that others at UNH will see this as an opportunity to give back and to support an institution of higher education that has a deep commitment to excellent education, research, and service,” Nisbet said.
The new scholarship program allows donors to name an endowed scholarship fund for $25,000 rather than the $50,000 minimum typically required. The university will match the annual pay-out of $1,000 on a $25,000 gift. This means each student receives $2,000 in scholarship support.
“I know that the need for financial aid is increasing, and this is a way to help meet that need and to honor my husband's memory at the same time. My husband and I, my son, and a number of other family members are all alums, so this is a nice family opportunity,” said Kathie Forbes. Their scholarship will aid students in the College of Liberal Arts.
Kerry Forbes graduated from UNH in 1972 with a degree in political science. He was a longtime real estate broker and developer in the Dover area.
The Match Up endowment opportunity is available only through June 30. After July 1, the minimum amount required returns to $50,000.
The first $6,000 gift needs to be made by June 30, 2011; $1,000 will be designated to current use for the first pay-out; the remaining $5,000 will get the scholarship endowment started. Donors have up to four additional years to complete the creation of the endowed fund at $25,000.
Donors place one preference on their scholarship fund: either geographic specification, or by college.
All scholarships will be need-based, which means that the UNH financial aid office awards the recipients.
For more information, contact Morgan Dudley, at 2-1662.