University of Memphis will become the first higher education institution to accept a scholarship for family of active-duty service members killed or severely injured as full payment. Starting this fall, any student who meets the criteria for the Folds of Honor scholarship will not owe any money to the university.
MEMPHIS, Tenn. (AP) — A public Tennessee university will become the first higher education institution to accept a scholarship for family of active-duty service members killed or severely injured as full payment.
University of Memphis President and veteran David Rudd tells the Commercial Appeal details are still being worked out, but starting this fall, any student who meets the criteria for the Folds of Honor scholarship will not owe any money to the university.
That national scholarship provides $5,000 a year to children under 24 who are undergraduate students or spouses of any age who haven't remarried. Folds of Honor Senior Vice President Ben Leslie said several universities had expressed interest in accepting the scholarship as payment-in-full, but hadn't put in the work.
The university's board approved the idea in March. Average annual tuition is about $9,700.
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Information from: The Commercial Appeal, http://www.commercialappeal.com
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