The Marshall University Foundation has announced the Maier Foundation has granted $1 million toward the Marshall For All program.
“I want to sincerely thank the Maier Foundation for answering the call to support our Marshall For All program,” said Brad D. Smith, president of Marshall University. “With this tremendous gift, we are that much closer to realizing our Marshall For All vision.”
The Marshall For All program allows Marshall students to combine scholarships, grants, work opportunities and family contributions to earn their bachelor’s degree without needing student loans, which will allow students to graduate with little to no debt. To qualify, students will need to complete a FAFSA annually and commit to actions such as graduating on time, pursuing work opportunities and participating in financial literacy programs.
“The Maier Foundation is pleased to support the Marshall For All initiative. This innovative program reflects Marshall’s commitment to affordability, accessibility and student success, especially for students with financial need,” said Brad Rowe, chairman and president of the Maier Foundation Board of Directors.
The program, announced by Smith in 2022, launched in the fall of 2023 with new first-year West Virginians and metro area students with great success. Now in its second year, the university will expand the program over the next decade with the goal of relieving student debt for all Marshall students by 2037.
“The Maier Foundation has been an incredible partner to us, and its continued commitment plays a vital role in the success of our students and programs,” said Nico Karagosian, president and CEO of the Marshall University Foundation. “This gift provides valuable opportunities for our students, and we are grateful for your role in making a difference in their lives.”
Established in 1958, the Maier Foundation provides funding for higher education initiatives in West Virginia. The Maier Foundation was established as the Sarah and Pauline Maier Scholarship Foundation by William J. Maier Jr. in honor of his mother and wife. It was renamed the Maier Foundation in 2003.