SVA ALUMNI SOCIETY INC

NAMED AND MERIT SCHOLARSHIPSFORTY NAMED SCHOLARSHIPS, TOTALING $60,800, AND ONE $1,000 MERIT SCHOLARSHIP WERE ISSUED IN FY23. SCHOLARSHIPS SUPPORT THE DIRECT COST OF COMPLETING A FINAL THESIS/SENIOR PORTFOLIO PROJECT, TO RECOGNIZE INDIVIDUAL ACCOMPLISHMENT AND MERIT, OR ARE NEED BASED, AS INDICATED BELOW. ALL MARTICULATED STUDENTS IN GOOD ACADEMIC STANDING WITH A MINIMUM CUMULATIVE GPA OF 3.0, AND PLANNING TO GRADUATE IN SPRING 2023, WERE ELIGIBLE. THE LILA LEWENTAL MEMORIAL AWARD WAS DISTRIBUTED TO ONE STUDENT IN THE AMOUNT OF $10,000. THE RODMAN FAMILY SCHOLARSHIP AWARD WAS DISTRIBUTED TO ONE STUDENT IN THE AMOUNT OF $2,400. AWARDS FROM THESE TWO FUNDS ARE NEED BASED AND ARE DISTRIBUTED ANNUALLY TO A STUDENT TO DIRECTLY PAY FOR STUDENT LOAN DEBT.HOUSING SCHOLARSHIPSIN FY23 $31,000 IN SCHOLARSHIPS WERE AWARDED TO TWO HOUSING SCHOLARSHIP RECIPIENTS. THE INTENT OF THE ALUMNI SOCIETY HOUSING SCHOLARSHIP IS TO PROVIDE ON-CAMPUS HOUSING FOR A STUDENT WHO WOULD OTHERWISE COMMUTE FROM HOME. THE HOUSING SCHOLARSHIP COVERS THE COST OF ON-CAMPUS HOUSING FOR THE DURATION AT SVA (NOT TO EXCEED FOUR YEARS). ELIGIBLE STUDENTS MUST FULFILL THE FOLLOWING CRITERIA: HOME ADDRESS IS WITHIN A 100 MILE RADIUS FROM ZIP CODE 10010; MINIMUM HIGH SCHOOL OR TRANSFER GPA OF 3.0; DEMONSTRATED FINANCIAL NEED.ALUMNI AND EMERGENCY ASSISTANCE FUND SCHOLARSHIPSTHE ALUMNI SCHOLARSHIP FUND ISSUED FORTY-FIVE AWARDS TO SUPPORT THE DIRECT COST OF COMPLETING FINAL THESIS/SENIOR PORTFOLIO PROJECTS. ALL MATRICULATED STUDENTS IN GOOD ACADEMIC STANDING WITH A MINIMUM GPA OF 3.0, AND PLANNING TO GRADUATE IN SPRING 2023, WERE ELIGIBLE. AWARD AMOUNTS RANGE FROM $500-$2000 AND ARE BASED UPON ARTISTIC MERIT, AS DETERMINED BY A REVIEW PANEL, AND FINANCIAL NEED AS DEMONSTRATED BY A PROJECT BUDGET. IN FY23 $17,000 WAS AWARDED TO THIRTY-FOUR STUDENTS FROM THE EMERGENCY ASSISTANCE FUND (EAF). THE FUND WAS ESTABLISHED IN ORDER TO PROVIDE EMERGENCY FINANCIAL ASSITANCE IN THE FORM OF MICROGRANTS TO SUPPORT CURRENTLY ENROLLED, FULL-TIME UNDERGRADUATE AND GRADUATE STUDENTS WHO WERE EXPERIENCING ACUTE ECONOMIC DISTRESS.