Hesburgh-Yusko Scholars Program

Yesterday, the University announced the third-largest gift in Notre Dame's history, a $35 million donation from Mr. and Mrs. Mark and Stacey Yusko of Chapel Hill, N.C.

The gift will be used to create the Hesburgh-Yusko Scholars Program, "a comprehensive merit scholarship and enrichment initiative that will seek to attract talented undergraduate students to the University".

Each year, twenty Hesburgh-Yusko Scholars will be selected by an advisory committee; the committee will take nominations from high school guidance counselors and University's Office of Undergraduate Admissions. "The students will be chosen based on distinguished academic accomplishments, exemplary integrity and moral character, demonstrated leadership abilities, and a commitment to a life of service embracing the values of Catholic social tradition."

The twenty HY Scholars will receive $25,000 of merit-based financial aid annually, in addition to summer "enrichment" experiences.

As an ASC, the main point to take away from this is that, when asked about merit-based financial aid, we can now answer that yes, there is merit money available at Notre Dame. To be fair, I think it is important to stress that the money is very limited and competitive, but there are funds available.

The full University press release can be found here.