F. Duane and Mary E. Walen Scholarship
University of Minnesota
Key Statistics
Grant Amount
Varies by year
Location
Deadline
Varies by year
About this Scholarship
The F. Duane and Mary E. Walen Scholarship is a need-based financial award established to assist undergraduate students at the University of Minnesota who demonstrate significant financial need. This scholarship honors the legacy of F. Duane and Mary E. Walen, who were committed to supporting higher education access for students facing economic challenges. The scholarship aims to reduce the financial burden of tuition and related expenses, enabling recipients to focus on their academic and personal development. It is available to students across all disciplines enrolled at the University of Minnesota and is typically awarded based on a combination of demonstrated financial need and academic standing. The scholarship amount varies each year depending on available funds and the number of recipients. The University of Minnesota administers the scholarship through its financial aid office, which oversees the application and selection process. Students interested in applying are encouraged to complete the Free Application for Federal Student Aid (FAFSA) or the Minnesota Dream Act Application to establish eligibility for need-based aid. The scholarship is part of the university’s broader commitment to supporting diversity, equity, and inclusion by providing resources to students from underrepresented or economically disadvantaged backgrounds. Recipients may use the scholarship funds toward tuition, fees, books, and other educational expenses. The scholarship is renewable subject to continued financial need and satisfactory academic progress. Overall, the F. Duane and Mary E. Walen Scholarship represents an important resource for students seeking financial assistance to pursue their undergraduate studies at the University of Minnesota.
Eligibility & Overview
Financial Grant
Varies by year
Scholarship Type
Need based
What's Covered
Description
The F. Duane and Mary E. Walen Scholarship is a financial aid award designed to support undergraduate students at the University of Minnesota who demonstrate significant financial need. The scholarship was established through a philanthropic gift by the Walen family, reflecting their commitment to making higher education more accessible to students who might otherwise face financial barriers. The scholarship is administered by the university’s Office of Student Finance and is part of a broader portfolio of need-based aid programs. Eligibility for the scholarship requires students to be enrolled full-time in an undergraduate degree program at the University of Minnesota’s Twin Cities campus. Applicants must complete the Free Application for Federal Student Aid (FAFSA) or the Minnesota Dream Act Application to establish financial need. The scholarship amount is determined annually based on the availability of funds, the number of qualified applicants, and the level of demonstrated need. Awards are typically applied directly to the student’s tuition and fees but may also be used for other education-related expenses such as books, supplies, and housing costs. The scholarship is renewable for multiple years, provided recipients maintain satisfactory academic progress and continue to demonstrate financial need. Selection criteria prioritize students with the greatest financial need, but academic performance and enrollment status are also considered. The Walen Scholarship is part of the University of Minnesota’s commitment to supporting students from diverse backgrounds and ensuring equitable access to education. It complements other institutional, state, and federal aid programs to form a comprehensive financial aid package for eligible students. Students interested in applying should consult the university’s financial aid office for current application procedures, deadlines, and award details. The scholarship contributes to reducing financial stress, allowing recipients to focus on their academic goals and participate fully in campus life.
Key Benefits
Provides financial support to cover tuition and mandatory fees, reducing out-of-pocket expenses for students.
Offers assistance with additional educational costs such as books and supplies, helping to alleviate overall financial burden.
Financing Information
Funding and Disbursement of the F. Duane and Mary E. Walen Scholarship
The F. Duane and Mary E. Walen Scholarship is funded through an endowment established by the Walen family. The endowment generates income annually, which is allocated to support scholarship awards. The amount available each year depends on the endowment’s investment performance and university policies regarding disbursement rates. The University of Minnesota’s Office of Student Finance manages the distribution of funds to ensure compliance with donor intent and institutional guidelines. Scholarship funds are typically applied directly to the student’s tuition account to cover eligible expenses such as tuition and fees. In some cases, remaining funds may be disbursed to students to assist with other education-related costs, including books, supplies, and housing. To qualify for the scholarship, students must demonstrate financial need through the submission of the FAFSA or Minnesota Dream Act Application. The scholarship is awarded on an annual basis and may be renewed for subsequent academic years if the recipient continues to meet eligibility criteria, including satisfactory academic progress and ongoing financial need. The university encourages students to apply early and maintain communication with the financial aid office to ensure timely processing of their scholarship awards. The scholarship is part of a comprehensive financial aid package that may include federal, state, and institutional aid. Recipients are responsible for understanding the terms of the award and any reporting requirements. The university provides resources and counseling to assist students in managing their financial aid effectively throughout their academic tenure.
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* Disclaimer: Information provided here 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 or the official scholarship webpage.