Mount Announces Investment Alliance Scholarship

February 28, 2014

ALLIANCE, Ohio – In an effort to battle “brain drain” in the area and keep Alliance’s best and brightest in the city, Dr. Richard F. Giese, president of the University of Mount Union, announced today a new scholarship initiative, Investment Alliance. Initiated in cooperation with the Alliance City Schools, the scholarship program will result in Mount Union awarding full-tuition scholarships to high-caliber Alliance High School graduates.

Through Investment Alliance, the top 15 students of each Alliance High School graduating class who meet the eligibility requirements of the program will be awarded full-tuition awards to Mount Union that are renewable for up to four years.

“We feel fortunate to have the opportunity to partner with Alliance City Schools on this initiative, which will not only impact the district’s most exceptional students, but the City of Alliance as a whole,” said Giese. “Small communities like ours often struggle to keep their top talent after high school graduation as students seek to explore what exists beyond their own backyards. The reality, however, is that many choose to take their talents to other geographic areas after earning a college degree as opposed to returning to their hometowns to live and work. Our hope, through Investment Alliance, is that we can battle this ‘brain drain.’ If we can keep these high-caliber students in Alliance to pursue their college degrees at Mount Union, then we stand a better chance of retaining them as productive and engaged citizens of Alliance after graduation.”

Graduates of this year’s Alliance High School Class of 2014 will be the first to take advantage of Investment Alliance. To be eligible for the award, students will need to:           

  • Demonstrate continuous traditional enrollment at Alliance High School for the full four years of study and earn an Alliance High School diploma, completing all degree requirements by graduation.
  • Meet normal admission criteria to Mount Union and be granted admission.
  • Work with their school counselors to confirm their class standing and verify that they meet eligibility requirements after the sixth semester of high school.
  • Achieve a 3.0 grade point average (GPA) in the first semester of their senior year.
  • Enroll at the University in the fall semester immediately following high school graduation.

“Motivating our students to maintain high academic achievement and emphasizing to them, even at a young age, that a college education can make a valuable impact on their futures is a priority for Alliance City Schools,” said Jeffery S. Talbert, superintendent of Alliance City Schools. “I can think of no better way to fulfill this commitment than to collaborate with the University of Mount Union on the Investment Alliance initiative. Not only does it benefit our students in so many very critical ways, but it will assist in our efforts to position the district as an attractive option for those living within the city limits and beyond.”

In addition to benefiting the community by remaining in Alliance during their college years, students earning Investment Alliance awards will further impact the city by giving back to their home high school community through service initiatives while students at Mount Union. They will also serve as Mount Union ambassadors of sorts when called upon by the University to do so. 

The Investment Alliance award is renewable for four years (unless the college degree is completed before then) as long as the student maintains a 3.0 cumulative GPA at Mount Union and is enrolled full time. The cumulative GPA is reviewed the first time after the fourth semester and annually after that.

Investment Alliance is a four-year pilot program that will be in place for the 2014, 2015, 2016 and 2017 cohorts of Alliance High School graduates. A review of the program will take place after the fourth cohort has begun to determine its future viability.

“For years, the University and school district have collaborated on many valuable and rewarding initiatives,” said Giese. “This is simply a continuation of our partnership. Investment Alliance truly demonstrates our mutual commitment to bettering Alliance and ensuring a bright future for the city and its residents who call it home.”

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