Interest earnings from HSU’s $1 million portion are expected to generate some $50,000 annually in scholarship funds for community college transfer students. HSU is home to many transfers from College of the Redwoods and Shasta Community College, among others.
“California State University as a whole will get $16 million, divided among 15 campuses in the 23-campus system,” HSU President Rollin Richmond said. “The scholarships probably will start in the Fall of 2009. They‘ll likely amount to about $2,500 per student
each academic year.” CSU will allot the monies to the various campuses.
Mike Reilly, HSU Associate Vice President of Enrollment Management, said, “These scholarships will provide much needed financial assistance to our transfer students, many of whom struggle to find the resources to continue their studies.”
Since 2004, Humboldt State also has received continuing financial support from the Osher Foundation for the Osher Lifelong Learning Institute (OLLI). Under the auspices of the university’s Office of Extended Education, OLLI offers non-credit classes to learners over the age of 50.