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ScholarshipNeed based

Beatrice S. Jacobson Memorial Fund

University of Minnesota

All undergraduate disciplines

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The Beatrice S. Jacobson Memorial Fund is a need-based scholarship established to honor the legacy of Beatrice S. Jacobson, a dedicated educator and advocate for accessible higher education. This fund aims to provide financial assistance to undergraduate students enrolled at the University of Minnesota who demonstrate significant financial need. The scholarship supports students across all academic disciplines, reflecting Ms. Jacobson's commitment to fostering educational opportunities regardless of field of study. The fund is administered by the University of Minnesota's Office of Student Finance and Scholarships and is awarded annually based on the availability of funds and the demonstrated financial circumstances of applicants. Recipients of the Beatrice S. Jacobson Memorial Fund scholarship are selected through a review process that considers the student's financial need, academic standing, and commitment to their educational goals. This scholarship is part of the university’s broader efforts to reduce financial barriers and promote student success by providing targeted financial support to those who need it most. While the exact grant amount and number of awards may vary each year, the fund consistently aims to alleviate some of the financial burdens associated with tuition, fees, and related educational expenses. Prospective applicants are encouraged to consult the University of Minnesota’s official scholarship webpages or contact the Office of Student Finance for the most current information regarding eligibility criteria, application procedures, and deadlines.

Eligibility & Overview

Financial Grant

Varies by year

Scholarship Type

Need based

What's Covered

Tuition fees
Educational expenses
Books and supplies

Description

The Beatrice S. Jacobson Memorial Fund is a financial aid initiative designed to support undergraduate students at the University of Minnesota who face economic challenges that may impede their ability to pursue higher education. Established in memory of Beatrice S. Jacobson, an educator known for her dedication to student advancement and educational equity, the fund serves as a testament to her lifelong commitment to making education accessible. The scholarship is exclusively need-based, focusing on students who demonstrate financial hardship through the university’s standard financial aid assessment processes. Unlike merit-based scholarships, which prioritize academic or extracurricular achievements, this fund prioritizes the financial circumstances of applicants to ensure that students with limited resources receive assistance. The scholarship amount varies annually depending on the fund’s resources and the number of eligible applicants. Typically, the award may cover a portion of tuition costs, fees, and other educational expenses such as textbooks and supplies. The selection process involves a comprehensive review by the university’s scholarship committee, which assesses applicants’ financial need alongside their academic progress and enrollment status. Applicants must be enrolled full-time as undergraduate students at the University of Minnesota to qualify. The fund is part of a broader financial aid strategy at the university aimed at reducing the financial barriers to higher education and promoting student retention and success. Students interested in applying should monitor the university’s financial aid announcements for application deadlines and submission requirements, as these can vary each academic year. The Beatrice S. Jacobson Memorial Fund represents a critical resource for students who might otherwise be unable to afford the cost of a university education, supporting the university’s mission to foster an inclusive and supportive learning environment.

Key Benefits

Provides financial assistance to undergraduate students demonstrating significant financial need.

Supports a wide range of educational expenses including tuition, fees, and course materials.

Financing Information

Funding and Award Distribution of the Beatrice S. Jacobson Memorial Fund

The Beatrice S. Jacobson Memorial Fund is financed through an endowment established by contributions made in honor of Beatrice S. Jacobson. The fund generates income annually, which is allocated to support scholarships for eligible undergraduate students at the University of Minnesota. The amount available for distribution each year depends on the endowment’s investment performance and the university’s policies regarding fund disbursement. The scholarship is awarded on a need-based basis, meaning that recipients are selected primarily according to their demonstrated financial need as determined by the university’s financial aid office. The application process typically requires students to submit the Free Application for Federal Student Aid (FAFSA) or other financial documentation to establish eligibility. The scholarship funds are applied directly to the student’s university account to cover tuition and fees, and may also be used to reimburse or assist with other education-related expenses such as textbooks and supplies. The number of awards and the amount granted to each recipient can vary each academic year, depending on the total funds available and the number of qualifying applicants. This variability means that while the scholarship can significantly reduce the financial burden of attending university, it may not cover all expenses. Students are encouraged to explore additional financial aid options in conjunction with this scholarship to fully support their educational costs. The fund is administered by the University of Minnesota’s Office of Student Finance and Scholarships, which manages the application, selection, and disbursement processes to ensure transparency and fairness.

The scholarship is funded through an endowment and annual income generated from it.
Award amounts and number of recipients vary based on available funds and applicant pool.

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* Disclaimer: Information provided about the Beatrice S. Jacobson Memorial Fund is subject to change. Prospective applicants should verify all details, including eligibility criteria, deadlines, and award amounts, directly with the University of Minnesota’s Office of Student Finance and Scholarships or official university publications.