Michigan Ross Raises $90 Million In Support of Student Scholarships
When Michigan Ross kicked off their part of the Victors for Michigan capital campaign in 2013, student support and scholarships was identified as one of the top fundraising priorities.
Students are the heart of Michigan Ross, after all. They are tomorrow’s business leaders, who will go on to manage the world’s largest companies and produce innovations that shape industries. Here at Michigan Ross, our highest calling is to provide students with the education and support systems they need to reach their fullest potential in their careers.
Over the course of the campaign, Michigan Ross has raised more than $90 million towards student support and scholarships.
The impact these donors have had on the experience for Ross students can’t be understated.
The funds raised for student support initiatives have made possible not only an increased number of available scholarships — 756 scholarships were given to Michigan Ross students in the 2017-2018 academic year — but also the support of ongoing and development of new and innovative outreach programs that help make a Michigan Ross education attainable for all students.
Here are just a few examples of the impact these generous gifts have had on the Ross community:
Academic Success Programs
These academic success programs have been greatly impacted by the support of several Michigan Ross donors, including Ari Spar, AB ‘89 and Howie Epstein, BBA ‘93. Thank you for helping ensure Michigan Ross students continue to be the strongest, most prepared business school students of their generation.
MREACH — The Michigan Ross Enriching Academics in Collaboration with High Schools (MREACH) program brings high school students to Ross for a series of action-based learning experiences that focus on the fundamentals of business and offers insight into careers in business and the college planning process.
The Preparation Initiative — The Preparation Initiative provides a longer-term learning community for U-M students who intend to apply to the Ross BBA program. The Preparation Initiative is designed to offer serious, hard-working self-starters interested in leading businesses a support network to help their transition to Ross be successful.
These are just a few of the outreach programs support from our donors makes possible.
Raj Reddy Memorial Scholarship Fund
A second-year analyst at JPMorgan Chase & Co, Rajesh C. Reddy, BBA ‘14, was well known at Ross for his upstanding character, friendliness, inquisitive personality, and for being a proud ambassador for all things Michigan.
When Reddy passed away unexpectedly in 2015, his family and Class of 2014 classmates established the Raj Reddy Memorial Scholarship in his honor. The scholarship aids students who share the same joy for Ross and life in general as Raj, but who may require assistance to fulfill their dreams. In addition, Raj’s parents, Dr. Keshava and Bharathi Reddy, dedicated a study room at Michigan Ross in their son’s memory.
Thank you to the Reddy’s and our BBA Class of 2014 for keeping Raj’s memory alive in such an impactful way for future generations.
Mike & Sue Jandernoa Scholarship Fund
Earlier in 2018, Mike Jandernoa, BBA ‘72, and his wife Sue gave a $4.3 million gift to the University of Michigan, with $1 million of the gift being used to establish a scholarship fund here at Michigan Ross.
The scholarship fund offers need-based scholarship awards to incoming Michigan Ross undergraduate students. The remainder of their gift went towards efforts to improve math proficiency of Michigan children through a partnership with the University of Michigan.
The Jandernoa’s have a history of generous support to U-M. In 2007, Mike Jandernoa received the David B. Hermelin Award for Fundraising Volunteer Leadership — U-M's highest honor bestowed upon donors and volunteers.
Louise S. and Robert M. Finlayson Family Scholarship
Though it was established in 1990 in honor of Louise S. and Robert M. Finlayson, BBA ’47, MBA ’48, the Finlayson Family Scholarship is supported every year by generous gifts from all of Louise and Robert’s children — Ann, Robert, Jr., Sarah, Mary, and Roderick — all of whom also hold degrees from Michigan Ross.
The scholarship supports both Ross MBA and BBA students.
Scott & Susan Davidson Scholarship Fund for International Study
Generous gifts from the Davidson family, including Scott and Susan Davidson, parents to Ryan, BBA ‘15 and Tyler, BBA ‘17, and Marvin Davidson, AB ‘57, MBA ‘59, and his wife Mary, established a scholarship fund that allows more Ross students to study abroad.
In 2017 alone, more than 1,000 Ross students received funding to pursue global study opportunities in more than 50 countries — including a recent leadership development program in Tanzania led by Michigan Ross Dean Scott DeRue.
These scholarships and experiences made possible by donor support allow exceptional students to say ‘yes’ to a Ross education, regardless of their economic circumstances. Scholarships help ensure that students can focus fully on their studies and make the most of their time in school. And, they enable Ross to remain a competitive force among our peers, who are all vying to enroll the best and brightest students.
The generosity of our donors has made a remarkable different for Michigan Ross students. Thank you!