OSWEGO, N.Y. — SUNY Oswego will use a $150,000 donation from Novelis to endow two scholarships for students in financial need.
Atlanta, Georgia–based Novelis is an industrial aluminum company that has a location in Oswego.
The initial Novelis Path Forward scholarships of $2,500 each will be awarded to two incoming students with financial need in the fall of 2022.
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“The Novelis Path Forward scholarships will provide opportunities for students to grow their knowledge, pursue their passions, and give strength to our community. We are proud to make higher education more accessible for students, helping to build brighter futures together,” Jeff Cruse, plant manager of Novelis Oswego, said in a statement.
About 87 percent of SUNY Oswego students receive some form of financial aid to cover the $7,070 annual tuition, plus room and board costs of nearly $15,000, for in-state residents.
Nearly one-third of Oswego students are the first in their family to attend college, and 41 percent receive Pell Grants intended for students with exceptional need.
“On behalf of the students who benefit from the Novelis Path Forward Scholarships, I want to thank Novelis for helping us bridge the financial gap for students so that they can pursue their higher education goals, change the course of their lives and often the lives of their families, and cross the threshold into a world of new opportunities,” Deborah Stanley, president of SUNY Oswego, said.
