A letter from the campaign chair
Dear Alumni and Friends,
I am thrilled and honored that Father Garanzini asked me to serve as chair of Loyola University Chicago’s new and important initiative, Access to Excellence: The Campaign for Scholarships.
As you are probably aware, the cost of higher education continues to rise, and tuition cannot continue to rise at comparable rates and remain feasible for the average student. As it stands, tuition only covers 74 percent of the true cost of educating one student. At Loyola University Chicago, more than 90 percent of the freshman class receives some sort of financial aid, and the University dispersed $121 million in scholarships last year. Many Loyola students are the first in their family to attend college, and many have a high level of financial need. We must increase the level of scholarship aid available in order to maintain the socioeconomic diversity of the student body, to remain attractive to top notch applicants, and to continue to make a transformative Jesuit education accessible to a broad range of students.
Access to Excellence seeks to raise $80 million for student scholarships. Because increasing financial aid is the top priority of Father Garanzini and the Board of Trustees, gifts to scholarship endowments will be matched 1:1 with University funds during the term of the campaign, up to $22 million. I’m so excited about the opportunities this match will open up to alumni and friends interested in establishing their own endowed scholarship and about the extraordinary impact the increased endowment will have on Loyola’s students for many years to come.
Please take some time to view the video pieces highlighting some of Loyola’s bright students, and consider joining us in this effort to make a Loyola education possible for future generations of young people like them.
Christina M. Johnson-Wolff (BA ’72)
Alumna, Trustee, Parent & Access to Excellence Chair