Vancouver – The Clark College Foundation will give more than $1 million in scholarship awards during this school year, the first time it has done so in its 43-year history.
The Foundation’s endowment portfolio has grown by 13 percent in the past decade from $51 million to $58 million, allowing it to distribute more scholarships. The foundation distributed $345,000 in scholarship to students a decade ago.
With Clark students paying an average of $18,000 annually for tuition, fees, books and other expenses, the need for scholarships is high in order to prevent students from graduating with higher debt, according to a Foundation news release.
The Foundation provides partial and full scholarships for tuition, books and fees. Scholarship funds are provided by private donations.