Keuka College President Jorge L. Díaz-Herrera announced on Monday two new community-based scholarship packages. The scholarships are in honor of the College’s 125th anniversary and pay homage to Keuka College’s century-old reputation as a pillar of community and regional service, empowerment, and engagement.
The “Back to Business” scholarship aims to combat unemployment in Yates County and the counties surrounding Keuka College, including Steuben, Schuyler, Seneca, Livingston, Ontario, Monroe, and Wayne. All accepted applicants to the College’s on-campus Master of Science in Management (MSM) program from these counties will automatically receive the scholarship, valued at $15,500. Keuka College’s accelerated MSM program, which was recently ranked by The Financial Engineer among the top 50 in the United States, enables students to earn a graduate degree in business in ten months of intensive, full-time study on the College’s Keuka Park campus.
“In this current job market, management graduate degree holders are almost 20 percent less likely to be unemployed than those who have only a bachelor’s degree,” said Dr. Daniel Robeson, chair of the Division of Business and Management and director of the College’s Center for Business Analytics and Health Informatics. “And those with a graduate degree in management will enjoy approximately $12,000 more in gross salary annually over the course of one’s life…. that translates to an extra $1,000 per month.”
The second scholarship program, developed in conjunction with the Hillside Family of Agencies, provides two $22,000 scholarships each year to students who are involved in the Hillside Work-Scholarship Connection and are interested in four years of undergraduate study on Keuka College’s Keuka Park campus.
“At the White House College Opportunity Day of Action in December, much of my time was spent talking with presidents from other colleges and universities about ways in which we can make higher education more accessible,” said President Díaz-Herrera. “Community partnerships, such as the one we’re announcing today with Hillside, are one of the many ways in which Keuka College is showing our commitment to accessible, affordable private education.”
Keuka College is a member of the Yes We Must Coalition, a consortium of institutions of higher learning striving to increase degree attainment of low-income students and students from underrepresented populations. Combined, the 36 member institutions will produce an additional 3,200 graduates by 2025.
Those who are interested in learning more about these scholarship programs are encouraged to contact the College’s Office of Admissions at (315) 279-5254 or emailing [email protected]. Information is also available online at www.keuka.edu.
Keuka College has joined a national organization that advocates for needy students and their colleges.
The College recently became a member of the Yes We Must Coalition, a non-profit organization of 32 small, private, non-profit colleges and universities across the U.S. that work to help low-income, first generation, and minority students receive a higher education.
Coalition members collaborate to lower the costs of higher education and be a voice—supported by data—to educate the public and influence policy and practice that impacts students. Each member of Yes We Must is a college or university with fewer than 5,000 students with at least 50 percent of its students eligible to receive Pell Grants.
“Keuka College is a perfect fit for the Yes We Must Coalition,” said Dr. Gary Smith, vice president for enrollment management, marketing, and international relations. “Since its founding nearly 125 years ago, Keuka has been dedicated to providing access to higher education to under-served students.”
Smith indicated that 25 percent of Keuka freshmen who enrolled last fall are first generation students.
“We look forward to sharing best practices with other member schools and supporting the mission and goals of the Yes We Must Coalition,” said Smith.
Motivated by data that supports a widening education gap—for example, students from rich families are seven times as likely to have earned a bachelor’s degree by age 24 than those from poor families—the coalition was formed three years ago.
And it seems its voice is being heard.
In April, presidents from 12 Yes We Must schools met with U.S. Secretary of Education Arne Duncan and key White House staff members in Washington, D.C. They shared information about how their institutions operate so efficiently and discussed possible collaborations with the U.S. Department of Education.
In addition, the coalition’s work is supported by a $150,000 grant from the Kresge Foundation.