Tue. 1:41pm: YSU Foundation provides $1.7M more in scholarships

YOUNGSTOWN – Nearly 3,000 Youngstown State University students will receive $1.7 million in additional scholarships next academic year thanks to increased support from the YSU Foundation, according to a release from the university.

The foundation will allocate $6.8 million to YSU for student scholarships next academic year, up from $5.1 million this current academic year.

“I want to thank the YSU Foundation for its continued generosity and this historic increase in scholarship support for our students,” YSU President Cynthia E. Anderson said in the release.

The funding will help both the graduate students and the more than 1,300 undergrads who are receiving merit-based Scholarships for Excellence from the university.

In addition, nearly 1,500 other foundation-funded scholarships will be increased by 4 percent for next academic year, the release states.