University Club Scholarship Fundraising

Together, We Can Meet Our Goal and Change Lives 

By Monica Hayes, Finance Chair

Dear Club Members, 

As the Finance Chair for the University Club Scholarship Program, I am thrilled to share our fund-raising accomplishments from this past year — and what lies ahead.

Thanks to the generosity of 161 donors, we exceeded our goal of 142 contributors and raised an incredible $15,981.18 for scholarships benefiting women attending the University of Iowa. Your support is not just a number; it's a direct investment in the future of women scholars in our community. These funds help offset the rising costs of education, ease financial burdens, and open doors for students striving to succeed academically and personally.

In August, we learned five $2500 scholarships were awarded this year to women from Iowa with demonstrated need. We look forward to celebrating the impact your donations have made.

Looking to the year ahead, we’ve raised the bar. Our new goal is $17,000, and we aim to have 30% of our club members participating as donors. With your continued support, we are confident we can reach — and surpass — this goal.

Mark your calendars now: we will hold an Awards Ceremony on October 8 at the Levitt Center, where we’ll honor this year’s scholarship recipients and recognize the incredible donors who made it possible. Past recipients will also be invited to share their stories and the lasting impact your support has had on their lives.

Another great opportunity to get involved is the Fall Fair, where you can learn more about the scholarship program, meet fellow members, and bring your donation for the new campaign year.

On behalf of the Scholarship Committee and the entire University Club, thank you for your heart, your help, and your belief in education. Let’s keep the momentum going.

How Student Loan Debt is Impacting the Lives of Young Adults 

Student loan debt continues to weigh heavily on today's young adults, shaping their financial futures and delaying major life goals. For the 43.5 million borrowers in the United States, this burden often feels insurmountable. 

Key Statistics: 

72% of millennials with student loan debt say it has delayed their ability to purchase a home. Home ownership, a critical step toward building financial stability and generational wealth, remains out of reach for millions due to lingering loan repayments. 

It takes an average of 20 years to completely pay off student loan debt. For many borrowers, this means decades of financial strain, preventing investments in personal growth, savings, and retirement planning. 

The Impact of Student Debt in Iowa : 

Iowa ranks 22nd in the nation for average student loan debt. On average, Iowa borrowers owe approximately $30,000 upon graduation. 

Nearly 64% of Iowa college graduates leave school with student loan debt. This highlights the significant challenge many students in the state face when pursuing higher education. 

Rural communities in Iowa are hit especially hard. With lower average incomes in these areas, repaying student loans can take even longer, further widening the economic gap. 

These state-specific statistics emphasize the critical need for scholarships to support Iowa women.. By easing the financial burden, scholarships empower students to focus on their education without the looming shadow of debt hindering their future. 

Let's Make a Difference Together 

You have the power to help. By making a donation to support local Iowa women in financial need, you make an invaluable difference in their lives. Your contribution directly funds scholarships, giving them a brighter future unburdened by crippling debt. 

Join us in creating opportunities and breaking the cycle of student debt. Make your donation today and leave a legacy of transformation for the next generation