UCSB Receives $750,000 Gift
Endowment Will Help Students on Financial Aid
A bit of good news for UCSB, amidst the University of California system’s recent flurry of financial cuts, came in the form of a $750,000 endowment for student scholarships.
Given in memory of UCSB alumnus Kevin Christensen, the gift will purportedly help keep UCSB accessible for students who need a bit of monetary assistance. “The Kevin Christensen Memorial Scholarship Fund comes at a time when students are in dire need of scholarship assistance,” said Mike Miller, acting director of the UCSB Office of Financial Aid. At UCSB, 70 percent of all undergraduates reportedly receive some form of financial aid.
“With the recent increase in UC fees, many students are struggling to find ways to finance their college education, and it is generous gifts such as this one from the Christensen family that will make the dream of a college degree become a reality for many of our students.”
This most recent contribution, according to a UCSB press release, will bolster “Project You Can,” a UC system-wide effort to raise $1 billion in private funds for financial aid.