The Community Foundation of Northern Illinois on Thursday announced matching endowments to Rockford Universityand Highland Community College. The money will be used to create scholarship endowments totaling $5 million for students at the two schools.
Highland Community College is receiving $1 million from the Foundation, toward a total scholarship endowment of $2 million. Rockford University is receiving $1.5 million, toward a fund totaling $3 million.
The scholarships will be awarded to students who attend Rockford University or Highland Community College, are from northern Illinois, and demonstrate financial need.
The Foundation is calling the matching endowments the Rubin Education Challenge, after Dr. Louis and Violet Rubin, whose gifts made them possible. The Foundation says the Challenge is part of its ‘Education Works’ strategy to support the region’s education-to-employment pipeline in various ways at different academic levels.
