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ScholarshipNeed based

John F. & Anna Lee Stacey Scholarship Fund

University of Michigan

All undergraduate disciplines

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The John F. & Anna Lee Stacey Scholarship Fund is a need-based financial aid program established to support undergraduate students at the University of Michigan who demonstrate significant financial need. The scholarship honors the legacy of John F. Stacey and Anna Lee Stacey, benefactors committed to expanding educational opportunities for students who might otherwise face financial barriers to higher education. This fund is designed to supplement the cost of attendance, including tuition, fees, and living expenses, thereby enabling recipients to focus more fully on their academic and personal development. The scholarship is administered through the University of Michigan's Office of Financial Aid and is awarded based on a comprehensive review of the applicant’s financial circumstances, academic standing, and potential contribution to the university community. While the exact amount awarded varies each year depending on available funds and the recipient’s demonstrated need, the scholarship plays a vital role in making a University of Michigan education more accessible to students from diverse economic backgrounds. Applicants are encouraged to complete the Free Application for Federal Student Aid (FAFSA) and the University of Michigan’s financial aid application to be considered. The scholarship does not require a separate application but is awarded as part of the university’s overall financial aid package. Recipients are expected to maintain satisfactory academic progress to continue receiving support from the fund.

Eligibility & Overview

Financial Grant

Varies by year

Scholarship Type

Need based

What's Covered

Tuition and fees
Room and board
Books and supplies
Other educational expenses

Description

The John F. & Anna Lee Stacey Scholarship Fund is a financial aid resource dedicated to assisting undergraduate students at the University of Michigan who demonstrate significant financial need. Established through the generosity of John F. and Anna Lee Stacey, the fund reflects their commitment to supporting higher education access for students facing economic challenges. The scholarship is integrated into the university’s broader financial aid framework and is awarded based on a thorough evaluation of the student's financial situation, academic records, and potential contributions to campus life. The amount awarded varies annually depending on the fund’s resources and the recipient’s demonstrated need, ensuring that the scholarship complements other financial aid packages such as federal grants, loans, and work-study opportunities. The scholarship is not limited to any specific field of study, making it accessible to students across all undergraduate disciplines. To be considered, students must complete the FAFSA and the University of Michigan’s financial aid application by the stated deadlines, which can vary each academic year. The scholarship aims to reduce the financial burden associated with tuition, housing, and other educational costs, thereby enabling recipients to dedicate more time and energy to their academic pursuits. Recipients are required to maintain satisfactory academic progress in accordance with university standards to continue eligibility. The fund is managed by the university’s Office of Financial Aid, which provides guidance and support throughout the application and award process. This scholarship is one of several need-based aid options available at the University of Michigan, contributing to the institution’s commitment to affordability and inclusion.

Key Benefits

Provides financial support to cover tuition and associated educational expenses for students with demonstrated need.

Supports students across all undergraduate disciplines without restriction to specific majors or programs.

Financing Information

Funding Structure and Award Process

The John F. & Anna Lee Stacey Scholarship Fund operates as a need-based financial aid resource within the University of Michigan’s comprehensive financial aid system. Funding for the scholarship is derived from an endowment established by the Staceys, with annual disbursements depending on the endowment’s performance and available resources. The scholarship is awarded as part of a student’s overall financial aid package, which may include federal and state grants, loans, and work-study opportunities. The amount awarded through the Stacey Fund varies each year and is determined by assessing the student’s financial need after considering all other sources of aid. Applicants do not submit a separate application for this scholarship; instead, eligibility is determined through the university’s standard financial aid application process, including the FAFSA and the university’s supplemental financial aid forms. The scholarship aims to reduce the financial barriers to higher education by covering a portion of tuition, fees, room and board, and other educational expenses. Recipients must maintain satisfactory academic progress to remain eligible for continued funding. The Office of Financial Aid at the University of Michigan administers the scholarship, providing assistance and information to applicants and recipients throughout the academic year. This structured approach ensures that the scholarship funds are allocated fairly and effectively to students with the greatest financial need.

The scholarship is funded through an endowment and disbursed annually based on available resources.
Award amounts vary and are integrated into the student’s overall financial aid package.

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* Disclaimer: Information provided is subject to change. Prospective applicants are advised to verify all details, including deadlines and award amounts, directly with the University of Michigan’s Office of Financial Aid or the official scholarship webpage before applying.