The Morris & Gwendolyn Cafritz Foundation Awards $25,000 to Fund Transfer Scholarships at USG
Funding to Support Community College Students in Attainment of Bachelor’s Degree
Rockville, MD. – The Morris & Gwendolyn Cafritz Foundation recently awarded a $25,000 grant to the Universities at Shady Grove (USG) to fund scholarships for transfer students from Montgomery College and Prince George’s Community College, who demonstrate financial need. The money will be awarded to students enrolled in one of 40 undergraduate degree programs at USG for the upcoming 2012 – 2013 academic year.
“We are appreciative of the prestigious Cafritz Foundation for their generosity in partnering with USG to deliver a brighter future to students in our community,” said Dr. Stewart Edelstein, Associate Vice Chancellor for Academic Affairs for the University System of Maryland and Executive Director of USG. “We know The Morris & Gwendolyn Cafritz Foundation shares in USG’s vision for improved access to higher education and the achievement of professional personal goals through education and the attainment of a bachelor’s degree.”
In addition to federal and state grants awarded on the basis of financial need, various private scholarships are available for undergraduate students enrolled in programs at USG as provided by local businesses, foundations, community organizations and individual donors.
About The Universities at Shady Grove:
The Universities at Shady Grove is an innovative model for delivering top-quality college degree programs. USG is not one university; instead it is a collaboration of nine leading public universities in Maryland offering more than 70 undergraduate and graduate degree programs in Montgomery County. Established in 2000, USG serves more than 4,000 full- and part-time students. www.shadygrove.umd.edu.
About The Morris and Gwendolyn Cafritz Foundation:
The Morris & Gwendolyn Cafritz Foundation is the largest private, independent, local Foundation focused exclusively on the Washington, D.C. metropolitan area. The Foundation is the legacy of Morris Cafritz, one of Washington’s leading commercial and residential builders from the early 1920’s to the mid-60’s. An outstanding civic leader known for his generosity, Morris Cafritz established the Foundation in 1948. Since 1970, when electronic record keeping was initiated, awards totaling more than $373 million have been granted. In the last 10 years, $195 million has been awarded to more than 934 organizations in the areas of Community Services, Arts and Humanities, Education, Health and the Environment. Since Mr. Cafritz' leadership began, the Foundation has awarded more than $284 million to 6,184 projects.