IUSB Gift to Fund ScholarshipsPosted: Updated:
Indiana University South Bend has landed a $1 million donation. The gift from the Vera Z. Dwyer Charitable Trust will fund scholarships for College of Health Sciences undergraduate students. February 6, 2014
SOUTH BEND, Ind. - The Vera Z. Dwyer Charitable Trust has made a gift of $1 million to Indiana University South Bend to fund scholarships for undergraduate students in the College of Health Sciences. One-half of the annual income from the gift will be awarded to full-time students enrolled in the School of Nursing with the second half going to full-time students in any program within the College of Health Sciences which includes Dental Hygiene and Radiography.
Vera Dwyer was a philanthropist who lived in Michigan City, Indiana. Her husband, James Dwyer, was a successful inventor and entrepreneur who owned Dwyer Instruments, Inc., a leading manufacturer in the controls and instrumentation industry worldwide. Mrs. Dwyer recognized the critical importance of higher education for Indiana students and had a special appreciation for students who wanted to improve the lives of others through careers in health care.
"The vision of Vera Dwyer will live on through the students who benefit from her scholarships," said Terry L. Allison, chancellor at IU South Bend. "The students, in turn, will pay the gift forward by improving the lives of others through their education in health care."
Mario Ortiz, dean of the College of Health Sciences at IU South Bend said, "Thanks to Vera and James Dwyer, students in financial need at IU South Bend will have the ability to become health care providers in the community."
"On behalf of the Vera Z. Dwyer Charitable Trust, we are thrilled to partner with the College of Health Sciences to establish the Dwyer Scholarship in Health Care at IU South Bend. The generosity of Mrs. Dwyer, together with the quality of the academic programs and outstanding students at IU South Bend, will improve health care in northern Indiana for years to come," said David Kibbe, vice president and trustee, Indiana Trust & Investment Management Company.
Recipients of the Vera Z. Dwyer Scholarship must be residents of Indiana, have a minimum Grade Point Average (GPA) of 3.0 on a 4.0 scale, and have demonstrated financial need. The scholarship is renewable and can be awarded for any semester in an academic year, including summer. The number of scholarships, amounts and the recipients will be determined by the Scholarship Committee of the College of Health Sciences.
The Vera Z. Dwyer Charitable Trust is managed by Indiana Trust & Investment Management Company of Mishawaka. The Vera Z. Dwyer Scholarship in Healthcare will be invested and managed by the Indiana University Foundation.
Source: Indiana University South Bend