Why isn’t tuition assistance enough
to help students succeed?

Foundations & Other Philanthropies

Yawkey Scholars Program

Yawkey Scholars Program

Overview

For many years, the Yawkey Foundation offered tuition assistance to low-income students through its Yawkey Scholars Program. Although the support was helpful, students couldn’t afford to explore all the opportunities their colleges offered, and many continued to struggle with academic, personal, and financial issues. The Yawkey Foundation felt that they could do a better job of supporting their Yawkey Scholars and reached out to the team at The Philanthropic Initiative to tap into their decades of experience managing scholarship programs and advising students.

Solution

Our vision was inspired by what the team at the Yawkey Foundation had already accomplished. Drawing from that history, and our research and experience creating and managing college success programs, we worked with the Yawkey Foundation to revamp the Yawkey Scholars Program to include several new components:

  • Advisor mentoring. Each Yawkey Scholar is matched with an advisor. Students are encouraged to check in with their advisor quarterly to discuss how things are going for them at college. Advisors are there to support Scholars and help them to identify and access resources if they have academic, financial, social or other problems.
  • Opportunities Fund. Yawkey Scholars now have access to the same types of opportunities as their more affluent peers through the Yawkey Opportunities Fund. The Fund provides students, who are meeting the program’s requirements, with flexible financial support to allow them to participate in enriching activities that help them achieve their full potential in college. Opportunities Fund grants – up to $2,500 per year per student – have been provided for career development, summer or winter courses, books and supplies, study abroad, travel and post-graduate preparation.
  • Peer and Professional Networking. Through workshops, career panels, community service, newsletters and gatherings, Yawkey Scholars build connections with peers and professionals that offer a support system and help them to meet their academic and career objectives.

Impact

The Yawkey Scholars are thriving. Since 2005, the Yawkey Scholars Program has provided more than $14 million in scholarship support to over 350 Scholars as they pursue a college education and has maintained a 93% graduation rate. This is an especially inspiring achievement considering that most Yawkey Scholars are first-generation college students or come from low-income households. Graduation rates for those whose parents never went to college – nearly 50% of today’s college students – are notably lower than the rates for students who represent the second, third, or fourth generation in their family to attend college.

The Scholars say the new components of the program provide a significant advantage to helping them achieve their personal and academic goals. One Scholar from Boston University reports, “As a freshman in college, I struggled a lot with adapting to the classes and the new way of life. In my first semester, I found myself stressing out over work, school, and social life. However, my advisor provided me with excellent advice and gave me someone to talk to when I needed it most.”

Though many of these high-performing students probably would have entered college without the scholarship, they would have graduated with considerable debt. The majority of 2012 graduates from private four-year colleges had student loans averaging $29,000. In contrast, Yawkey Scholars will graduate with minimal debt, and few will accrue more than $10,000 in loans.

A Yawkey Scholar at Boston University explains, “The Program has meant the difference between barely getting by and fully enjoying every opportunity my school offers.”

About the Yawkey Foundation

Since 2005, the Yawkey Foundation has awarded more than $14 million in scholarships through its Yawkey Scholars Program. Education is one of the Foundation’s areas of giving and it supports a wide variety of efforts to provide educational opportunities to people of all ages.

The Yawkey Foundation carries on the charitable legacy of Tom Yawkey and Jean Yawkey by focusing on the causes they were passionate about during their lives. In addition to their longtime ownership of the Boston Red Sox, the couple was dedicated to giving back and helping those who need it most in the communities the Yawkeys called home in Massachusetts and Georgetown County, South Carolina. The Foundation has awarded over $530 million in support of nonprofits focused on education, arts and culture, youth and amateur athletics, human services, health care, and conservation and wildlife efforts. The Yawkey Foundation is committed to upholding the philanthropic ethos of Tom and Jean Yawkey through impactful investments in nonprofits that provide opportunities and resources to the underserved and vulnerable.

Along with its Yawkey Scholars Program, the Yawkey Foundation perpetuates the Yawkeys’ commitment to providing educational opportunities for underserved young people through unique scholarship and experiential internship programs that provide a pathway to academic and economic mobility success. The Foundation has funded innovative Yawkey Nonprofit Internship Programs at colleges and universities across Massachusetts and in Georgetown County that enable students to gain hands-on experience and leadership skills to make meaningful contributions to the nonprofit sector.

Visit the Yawkey Foundation website to learn more, or follow them on Facebook, Twitter, Instagram, LinkedIn, and YouTube for the latest news.

Yawkey Foundations