Thanks to Jeff Davis and other scholarship donors, University of Iowa students like Karisa Myers and Grace Moonen can focus on cracking the books, not wondering how to pay for them.
Myers and Moonen are two recipients of scholarships established by Davis (UI BA 1964 and MS 1966) to honor members of his family. More than 80 percent of UI students receive some form of financial aid, but educational debt for graduating seniors still averages more than $11,000. Donors like Davis are determined to lend a hand.
Student support was a top priority for the University of Iowa Foundation’s historic “Good. Better. Best. Iowa” campaign, which raised $1.058 billion. Upon the campaign’s December 2005 conclusion, the University became one of only about 30 public universities nationwide to have launched or completed $1 billion fund-raising drives.
The campaign surpassed its scholarship goals, generating nearly $180.5 million and establishing 535 new awards for undergraduate, graduate, and professional students. About 17 percent of all campaign gifts were earmarked for student support.
As educational costs rise and universities compete for the best students, private support helps the UI maintain its values of access and excellence. Need-based scholarships help keep Iowa education affordable, while merit-based awards help the University draw top scholars.
Scholarship gifts provide opportunities for individual students. But they also keep the University strong and provide generations of new leaders for Iowa and the nation.