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"Sometimes, an unexpected issue arises that might derail a student's education, and our goal by endowing this fund is to keep students in school," Chapman University President Sheri Nazaroff tells the Orange County Register.
That's why the philanthropic group Women of Chapman has pledged $1 million to create the Women of Chapman Endowed Student Hardship Assistance Fund to help students in "immediate and unexpected hardship," per a release.
The fund, which was started last year, can help students with housing, food, transportation, technology, medical bills, and getting home during a family crisis, per the Register.
Recent recipients include two first-generation students who received money to subsidize their travel costs to an international internship program, a previously hospitalized student who received money to cover summer housing charges after missing classes during the spring semester, a graduate student who needed one additional month to finish their studies, and a student who was often driving home to be with a sick family member who got assistance to help cover gas costs.
"For many students, what may seem like a small amount of money to us is a big amount to them, and to be able to cover that expense for them makes all the difference," says Dean of Students Jerry Price.
Women of Chapman has raised more than $10 million for
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Social Entrepreneurship
Spotlight
Social Incubator North Offers 0% Loans to Social Entrepreneurs
The Social Incubator North, a £2 million incubator fund spearheaded by Sheffield-based Key Fund in collaboration with the four Northern Social Enterprise Partnerships and Locality, is providing 0% interest loans to North of England’s social entrepreneurs.