Bucknell University has received a $530,000 grant from The Donald B. and Dorothy L. Stabler Foundation in support of the Stabler Scholarship Fund for Bucknell students.
The grant from the Harrisburg-based foundation increases funding for the program, which the foundation endowed in 2011, and brings the foundation's total support of Bucknell to $3.2 million. The scholarship program provides annual, renewable awards to enrolled students with financial need.
"We are so very grateful for the generosity of The Stabler Foundation and others who support scholarships and financial aid," said President John Bravman. "Creating access to Bucknell for the highest-quality students, regardless of financial need, is the University's foremost philanthropic priority."
The Stabler Foundation was founded in 1966 to benefit charitable, religious, scientific, literary and educational purposes. It seeks to foster a sense of responsibility and gratitude among individual beneficiaries of its grants and encourages scholarship recipients to give back to Bucknell after they graduate.
More than 50 Bucknell students have received Stabler scholarships since the program was established, and five have graduated.
A top priority
Each year, Bucknell provides University grants and scholarships to more than half of its students, primarily to assist those who would not be able to enroll at the University without such assistance. More than 60 percent of students receive financial aid of some form, including loans and work-study.
"Scholarship aid is a vital component of Bucknell's commitment to increase the diversity of the student body," said Bill Conley, vice president for enrollment management. "The Stabler funds help Bucknell attract talented students from all backgrounds, including low-income families, underrepresented groups, nontraditional students and those who are the first in their families to go to college."
Scholarship support is the top priority of WE DO, The Campaign for Bucknell University. The most ambitious comprehensive campaign in University history, it has raised $390 million toward its half-a-billion dollar goal.