CIC Awards $1.5 Million in UPS Scholarships

7/24/2016 — Washington, DC

The Council of Independent Colleges (CIC) has distributed grants of  $1.5 million in “UPS Scholarships” for first-generation or low-income students who attend private colleges and universities across the nation. The grants were provided by CIC to 31 state associations, which will distribute the funding to 585 private colleges and universities. Each institution will then award one $2,600 UPS Scholarship to a deserving student.

The UPS Scholarships are funded by the UPS Educational Endowment, which is held and administered by CIC. The Endowment was established in the 1970s by The UPS Foundation to support programs that benefit underserved populations. Since its inception, the Endowment has generated $54.5 million in scholarship support of 19,695 students at independent colleges and universities.

“Helping to make college affordable for students from underserved populations is a truly critical need in our society, and it is rewarding to know that The UPS Foundation is addressing this important issue head-on,” said Richard Ekman, president of CIC. “The independent colleges and universities in this country have a remarkable track record in educating and graduating low-income and first generation students, so it is natural that The UPS Foundation would want to work through CIC and its member institutions in this special scholarship program.”​

“UPS’s long-standing policies and inclusive culture make it one of the most diverse companies in the world. The UPS Foundation is committed to support effective programs—like the UPS Scholarship Program through CIC— that provide diverse populations with advancement opportunities, said Eduardo Martinez, president of The UPS Foundation. “Key partners such as CIC help to advance our mission. The UPS Scholarship program has made a college education possible for more than 19,000 low-income and first generation students and has had a transformative impact on individual lives, on families, and on communities across this country. UPS and its employees, active and retired, invested more than $110 million in charitable giving around the world, including more than 2.3 million hours of volunteer service, to local communities around the world in 2015.”​

The Council of Independent Colleges is an association of 765 nonprofit independent colleges and universities and higher education affiliates and organizations that has worked since 1956 to support college and university leadership, advance institutional excellence, and enhance public understanding of private higher education’s contributions to society. CIC is the major national organization that focuses on providing services to leaders of independent colleges and universities as well as conferences, seminars, and other programs that help institutions to improve educational quality, administrative and financial performance, and institutional visibility. CIC conducts the largest annual conferences of college and university presidents and of chief academic officers. CIC also provides support to state fundraising associations that organize programs and generate contributions for private colleges and universities. The Council is headquartered at One Dupont Circle in Washington, DC.​