Boise State students in need of help to pay for school received a recent leg up from two of the university’s most important and unique scholarship partnerships. These timely contributions from the Beat Coach Pete Scholarship Run/Walk and the foundation behind our Osher Lifelong Learning Institute support Boise State’s greatest philanthropic need and top funding priority –scholarships.
On Saturday, 2,298 Boise State friends, fans and alumni tried to “Beat Coach Pete” and raised about $35,000 for the Boise State General Scholarship Fund . This generous annual event – a 5K footrace headlined by Broncos football coach Chris Petersen – has provided more than $173,000 for student scholarships over six years. This year, as always, Coach Pete generously contributed for every runner who finished before him – $5 each for more than 1,000 participants who did indeed “Beat Pete.”
And just last week, the Bernard Osher Foundation awarded $1 million to Boise State to create an endowment for scholarships for students re-entering college. Because the funds are invested with the Boise State University Foundation and annual scholarships are awarded from investment earnings, the scholarships will be available in perpetuityIt’s a wonderful expansion of a previous agreement with the Osher Foundation that provided annual funding for scholarships through a $50,000 grant.,
We know that concern about money is the top reason students leave Boise State before earning their degree. Others rely on student loans, amassing on average more than $27,000 in debt by the time they graduate. And still more never even consider applying to Boise State because of the ever-increasing costs of a college education.
Through contributions like those mentioned above, our donors help students explore their individual college experiences and future life paths unhindered by financial uncertainty. Scholarships assure our most talented, most deserving students understand that they are a coveted part of the Bronco family, creating a life-long bond with their alma mater that often develops into a philanthropic relationship later in life. By supporting student scholarships our donors help ensure that great potential is not left unrealized
Laura C. Simic is vice president for advancement at Boise State University.