NASHVILLE, Tenn. (TSU News Service) – Students interested in attending Tennessee State University this fall could get financial assistance to help with expenses. TSU is using a $200,000 grant from the Charles E. Schell Foundation for Education to help new and returning students stay in school by providing financial relief to those impacted by the coronavirus pandemic.The Foundation was established as a revolving student loan program, with Fifth Third Bank as trustee.
Qualifying students will receive a maximum of $2,000.”TSU is appreciative of the collaboration with the Schell Foundation and Fifth Third Bank and their support of the university and our students,” says President Glenda Glover. “The funds will not only help our students to stay in school, but will also provide a form of relief to them and their families impacted by COVID-19 and the economic downturn we are currently experiencing.”The foundation gave TSU $100,000 last year, but decided to double the amount this year, partly because of the hardship many students are facing as a result of COVID-19. “We are pleased to honor Mr. Schell’s wishes to grant these loan dollars to Tennessee State as its administration helps students with expenses on their educational journey,” says Heidi Jark, senior vice president and managing director, The Foundation Office at Fifth Third. “Part of the mission of the Foundation Office at Fifth Third Bank is continuing our clients’ philanthropic impact that provides pathways to opportunity.”
