Named scholarships & funds

When it comes to earning a college degree, the greatest obstacle can be funding.

For this reason, The University of Akron is pleased for the opportunity each year to assist talented, deserving students achieve their dreams, thanks to more than 1,300 named scholarships established through the kindness and generosity of thousands of 51²è¹Ý alumni and friends, corporations, and foundations.

Scholarships truly are the best way to ensure that today’s students persist to graduation. Scholarships allow students to enroll full time and remain focused on their studies; they also reduce drop-out rates, decrease the stress of student loans, and shorten the road to graduation.

If you are interested in making a significant contribution to student success, please consider a gift to scholarships. You may also establish a named scholarship at The University of Akron, which can be created to honor a living person, in memory of a loved one, or to contribute to the growth of an area of study.

To learn more, please contact the Department of Development at 330-972-7238

How do I apply for a scholarship?

This is not the page to apply for scholarships.

Students who want to apply for scholarships should visit the scholarship page on the Financial Aid site. You can find the link for the online application here.

The Department of Development does not accept applications for or distribute scholarships. Scholarships are distributed through the University’s Office of Student Financial Aid.

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Lowe, Paul E. Endowed Scholarship in Business

The Paul E. Lowe Endowed Scholarship in Business was established in 2025 through the generosity of Paul E. Lowe, a 1968 graduate of the College of Business with a degree in industrial management. Paul created this scholarship to provide support for tuition costs and to encourage University of Akron College of Business students who have demonstrated strong leadership skills through their involvement in student activities, work experience, and volunteer efforts, and who show the drive and potential to achieve significant educational and career goals.

This endowed scholarship will provide lasting support for generations of University of Akron College of Business students and ensure Mr. Lowe's legacy of generosity and commitment to education will continue in perpetuity.

To be considered for The Paul E. Lowe Endowed Scholarship in Business, students must:

  • Be enrolled part- or full-time;
  • Have a financial need;
  • Be at the freshman (second semester), sophomore, junior, or senior academic level; and
  • Be pursuing a degree in the College of Business at The University of Akron.

The Paul E. Lowe Endowed Scholarship in Business provides tuition support for students who demonstrate significant financial need, with preference given to those who have experienced foster care or similar life circumstances. The scholarship is intended to help students with limited financial resources pursue their education and achieve their academic and professional goals. Scholarship funds may only be applied to tuition to ensure that recipients can focus on their studies without additional financial hardship.

Selection of recipients will be made by the University Scholarship Committee in the Office of Student Financial Aid.

To make a tax-deductible gift to this scholarship, please visit 51²è¹Ý’s . Select “A different designation” from the drop-down menu and enter “Paul Lowe Scholarship” in the text box. Thank you!

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