The Schuler Education Foundation has announced it will contribute $20 million for financial aid – to be spent over 10 years – to help Hartford-based Trinity College provide support to students eligible for Pell grants and undocumented students, among others.
As part of the partnership with Schuler Education Foundation, Trinity College will – in turn – raise $40 million in permanent endowment funding both for financial aid and academic and co-curricular programs to support eligible students. Trinity College, an independent liberal arts college founded in 1823, was one of five institutions of higher learning that the Schuler Education Foundation selected to be part of the initiative.
The initiative with Schuler counts toward Trinity’s overall goal of raising $100 million for financial aid within the college’s ongoing and current comprehensive campaign, the college said.
The other colleges selected by the foundation are: Barnard College; Centre College; Scripps College; and the College of Holy Cross.
On its website, the Schuler Education Foundation said its mission is to “further the success of individuals and communities by investing in high-achieving underrepresented students and top-tier liberal arts colleges.”
In a message emailed to the Trinity College community on Wednesday, President Joanne Berger-Sweeney said: “This is a remarkable moment for our college as we look toward our bicentennial year. When this matching grant is completed, Trinity will become more accessible to deserving and talented students who come from families for whom affordability is a significant barrier. This initiative will change lives; it will open doors to individuals who may have thought that an outstanding liberal arts education was out of reach.”
