POUGHKEEEPSIE, NY -- Vassar College students will gain scholarship support from the new Helen Dixon Kunzelmann Endowment, the result of a significant gift from the estate of Mrs. Kunzelmann, a 1940 Vassar graduate who passed away in June 2011. Vassar only provides scholarships to students on the basis of financial need, and the agreement creating the endowment states that Mrs. Kunzelmann “had a great affection for Vassar and a strongly held conviction that it is important for Vassar to make it possible for qualified young people, of diverse backgrounds, to be able to attend Vassar even though they do not otherwise have the financial means to do so.”
The annual income from the Helen Dixon Kunzelmann Endowment will provide scholarship support to eligible Vassar students from Bennington, VT and Boonton, NJ, both places with which Mrs. Kunzelmann was closely associated during her lifetime. If no students from those towns are eligible in a given year, preference will be given to students from Vermont and New Jersey more broadly.
“We are extremely grateful for Helen Dixon Kunzelmann’s generous and farsighted act,” said Vassar president Catharine Hill. “Establishing this endowment in accordance with her wishes could not be a more timely gift for Vassar, with the college in the middle of a comprehensive fundraising campaign that prioritizes scholarships”
The Vassar College admissions policy considers applicants strictly on the basis of their accomplishments and abilities, without consideration for their family’s ability to pay tuition, room, and board. If applicants are offered admission and enroll, Vassar provides financial aid that meets the student’s full need all four years they attend the college, through financial aid packages that may include scholarship grants, loans, and school-year employment. Sixty-one percent of Vassar’s current students qualify for financial aid and receive an average of $34,900 in support from the college, totaling approximately $53 million and more than a quarter of Vassar’s operating budget.
Vassar College is a highly selective, coeducational, independent, residential, liberal arts college founded in 1861.
Posted by Office of Communications Monday, February 20, 2012
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