Atlanta, August 25, 2025
News Summary
The University System of Georgia Foundation achieved remarkable fundraising success, raising over $4.5 million during its 21st annual Regents’ Scholarship Gala in Atlanta. The funds will support need-based scholarships for students, including the newly launched DREAMS Scholarship Program. This program offers up to $3,000 annually for expenses beyond tuition. Additionally, a $10 million partnership was unveiled to support foster youth in education. The event also honored contributions to the University System of Georgia, showcasing the power of community support for education.
University System of Georgia Foundation Achieves Remarkable Fundraising Success
This past weekend, the bustling city of Atlanta witnessed an incredible demonstration of generosity and community spirit as the University System of Georgia Foundation successfully raised over $4.5 million during its 21st annual Regents’ Scholarship Gala. This significant achievement, announced by the University System of Georgia on Monday, aims to enhance need-based scholarships for deserving students across the state of Georgia.
Bridging Financial Aid Gaps
The funds collected during this gala are not just numbers; they will play a crucial role in providing resources that create new opportunities for students by bridging financial aid gaps. One of the exciting initiatives tied to these funds is Georgia’s newly launched DREAMS Scholarship Program. This program is designed to offer comprehensive support to students beyond just financial assistance.
The DREAMS Scholarship is an innovative addition that complements the well-established HOPE Scholarship, which primarily focuses on covering tuition costs. While many students rely on tuition aid, the DREAMS Scholarship helps eligible students by providing up to $3,000 annually to assist with essential college expenses like books, housing, and supplies. This is especially beneficial since college costs can often extend far beyond tuition alone.
The inaugural DREAMS Scholarship was awarded to Giuli Capparelli Sanabria, a junior majoring in biology at Georgia Tech. The scholarship initiative received significant financial backing, with $2 million contributed by the Truist Charitable Fund. This solid financial foundation shows just how committed various stakeholders are to improving the educational landscape in Georgia.
A Night of Celebration and Recognition
The gala celebrated not just fundraising efforts but also honored significant contributions within the University System of Georgia. Don Waters, the former Chairman of the Board of Regents, received the prestigious Elridge McMillan Lifetime Achievement Award for his unwavering dedication and service to the USG.
The event saw participation from an array of individuals, including donors, legislators, students, members of the Board of Regents, and USG presidents. The atmosphere was charged with enthusiasm as members of the community came together to support educational initiatives.
Supporting Foster Youth
Furthermore, the USG Foundation unveiled a groundbreaking $10 million partnership with Fostering Success Act, Inc., establishing a scholarship fund explicitly aimed at supporting foster youth in Georgia. This initiative marks the largest single gift in the foundation’s history and is anticipated to provide substantial educational assistance to young individuals transitioning out of the foster care system.
Governor Brian P. Kemp and First Lady Marty Kemp attended the gala, highlighting the event’s significance. During the evening, 13 faculty members, alumni, and friends were also recognized for their contributions to the University System of Georgia, showcasing the collaborative spirit that enriches education in the state.
Looking Ahead
The scholarships raised from the gala will be instrumental for the upcoming academic year of 2024-25, as selections will be made by each institution’s president. Over the past 19 years, the USG Foundation has awarded more than $16 million in need-based scholarships, benefiting over 16,000 students across Georgia. This ongoing commitment reflects a vision where every student has the opportunity to pursue higher education regardless of their financial circumstances.
Conclusion
The University System of Georgia’s focus on scholarships and financial aid continues to transform lives, especially through initiatives aimed at supporting vulnerable populations within the education system. With each passing year, the Foundation and its partners are paving the way for future generations to succeed in their academic pursuits.
FAQs
What was the total amount raised at the Regents’ Scholarship Gala?
The University System of Georgia Foundation raised over $4.5 million during the 21st annual Regents’ Scholarship Gala.
What is the DREAMS Scholarship Program?
DREAMS Scholarship Program offers financial support to eligible students, providing up to $3,000 annually to cover essential college expenses.
Who received the Elridge McMillan Lifetime Achievement Award?
The award was given to Don Waters, recognizing his exceptional service to the University System of Georgia.
What initiatives were highlighted at the gala?
The gala highlighted the $10 million partnership with Fostering Success Act, Inc. for a scholarship fund aimed at supporting foster youth, alongside the DREAMS Scholarship Program.
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Additional Resources
- WSB TV: Regents’ Scholarship Gala Raises More Than $4.5M
- Main Street News: University System to Offer Need-Based Scholarships
- Grice Connect: USG Foundation Raises $18.5M
- Wikipedia: Scholarship
- 11 Alive: 2025 Tuition Costs for Georgia Colleges
- Encyclopedia Britannica: Scholarship
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