MOUNT UNION RECEIVES FIFTH-THIRD BANK GRANT
June 02, 2010
ALLIANCE, Ohio - Mount Union College is receiving a $100, 000 grant from Fifth Third Bank, trustee of the Charles Schell Foundation, to help qualified students in need of emergency financial aid assistance.
The grant will be distributed to the College in $25,000 increments over the next four years. Students must submit loan applications explaining their financial need. According to Fifth Third Bank President and CEO, Robert J. King, Jr., "Fifth Third is committed to giving more students in Northeastern Ohio access to the education they may not be able to pursue on their own and we are pleased to provide Mount Union with the means to assist students with emergent needs."
The Schell grant was established in 1938 to provide citizens of Ohio, Indiana, Kentucky and West Virginia with special funding to pursue a "practical education."
"We are grateful to Fifth Third Bank for its commitment to higher education in general to Mount Union College in particular," Dr. John L. Ewing, Jr., president of Mount Union College, said. "Financial assistance is an important part of attracting high quality students to our institution and thanks to the grant, independent higher education is more affordable to our students."
For more information, contact the Office of Public Relations at (330) 823-6063