The Bernard Osher Foundation has awarded a grant of $1 million to establish an endowment to sustain the Osher Reentry Scholarship program at Towson University. Osher began its investment in reentry students at Towson University with a $50,000 grant for the 2007-2008 academic year; this award was followed by grants of $50,000 in each of the next succeeding years.
The Osher Foundation defines reentry students as non-traditional aged, pursuing a first bachelor’s degree after having experienced an interruption of at least five years. Grants are need-based and intended to defray the cost of tuition.
To date, Osher Reentry Scholarship grants have funded 92 Reentry Scholars at Towson University, with seven having graduated and 11 more on track to receive degrees in May 2010.
“Thanks to the continued financial support of the Osher Foundation more reentry scholars will get the opportunity to renew their dream of pursuing a college degree,” Towson University President Robert Caret said.
The Osher Foundation funds reentry scholarships at 73 institutions across 30 states and the District of Columbia.
In May 2009, the Bernard Osher Foundation awarded the Towson University Foundation a $1 million endowment to sustain the Osher Lifelong Learning Institute at Towson University.
Founded in 1866, Towson University is recognized among the nation’s best regional public universities, offering more than 100 bachelor’s, master’s and doctoral degree programs in the liberal arts and sciences, and applied professional fields.