LIFT = LIFELONG INVESTMENT AND FUTURE TRANSFORMATION
LIFT helps students access a transformative college education, navigate challenges on the path to degree completion and, as graduates, engage their communities, the region and our world through their lives and careers. Your investment in NKU financially impacts our university today, and it enables the creation of an educated, socially engaged workforce necessary for the region’s continued economic growth and development.
Traditionally, first-generation students (students whose parents have not graduated from college) face several barriers to achieving a dream of college completion. We know that 85 percent of all full-time NKU undergraduates (6,931) receive some form of financial aid, and looking specifically at our 2018 entering class of full-time freshman students (1,946) we see that:
Goal: Ensure that NKU graduates are prepared for meaningful lives and fulfilling careers.
In order to retain this financial aid, each scholarship recipient is required to:
Lifelong Investment and Future Transformation Scholarship Program
LIFT is a scholarship program to support NKU’s student population that is the highest risk of not completing. The program is designed to support students that demonstrate significant financial need or are a first-generation college student.
$2 million has been committed to support LIFT Scholars as a matching gift to double the impact by encouraging other donors to invest in NKU students’ success. Gifts will be matched in a 1 to 1 ratio. Once all commitments are realized this will create $4 million in student support.
In order for gifts to receive matching funds it must:
Victoria Viking makes a $100,000 commitment to support a scholarship for nursing students demonstrating financial need. Ms. Viking commits to pay the gift in annual installments of $20,000 in years one through five.
This commitment will be matched by the LIFT Fund to create four (4) annual scholarships of $5,000. In years one through five, these LIFT Fund scholarships will be awarded working with the office of financial aid and in accordance to the scholarship agreement and university policies.
Beginning in year one, Victoria Viking’s original gift will be invested to create a permanent endowment in her name based upon the original scholarship guidelines. The Victoria Viking Endowed Scholarship will then be awarded in year six (6). The amount awarded from this endowment will be determined by the annual endowment spending rate determined by the NKU Foundation. Ms. Viking or other donors will have the ability to increase these awards by continuing with an annual gift to support the scholarship directly, or by adding to the endowment.