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  • Charlotte W. Newcombe Foundation Pledges $100,000 to Establish Endowed Scholarship Fund for Mature Students at NJCU

    The Charlotte W. Newcombe Foundation has pledged $100,000 to New Jersey City University to permanently endow the Charlotte W. Newcombe Endowed Scholarship Fund for Mature Students.

    This new Fund will award scholarships to full- or part-time students who have completed at least 60 undergraduate credits, are at least 25 years of age, and maintain a 2.5 grade point average or higher. Preference will be given to female students whose pursuit of a bachelor’s degree is complicated by personal responsibilities such as balancing work, school, and family obligations. Awards will be based on financial need and will range from $500 to $2,500 per student.

    “Establishing the Charlotte W. Newcombe Endowed Scholarship Fund for Mature Students at NJCU, where the average age of students is 26, makes perfect sense,” said Lori Summers, NJCU director of development. “So many of our students are working, studying, and taking care of families, proving how committed they are to earning a college degree to improve their lives.”

    The NJCU Scholarship Fund pledge will be matched 2:1 by the NJCU Foundation; half of this will be matched by a Title V grant awarded to the University by the U.S. Department of Education and the other half will come from private donations.

    Based in Princeton, the Charlotte W. Newcombe Foundation is an award-winning, independent foundation established in 1979 through a bequest from the estate of Charlotte Newcombe, a Philadelphia philanthropist. The Foundation continues Mrs. Newcombe's support of students as they pursue higher education degrees by maintaining scholarship and fellowship programs that are in keeping with her lifelong interests.

    Since 1981, the Newcombe Foundation has awarded grants totaling $56.3 million to provide scholarships and fellowships in higher education. For 2012-13, 42 colleges and universities and one foundation received grants totaling $2,210,060.
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