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ScholarshipNeed based

Olive Allen McKibben Scholarship Fund

University of Washington

All undergraduate disciplines

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The Olive Allen McKibben Scholarship Fund is a need-based scholarship established to support undergraduate students attending the University of Washington. This scholarship is designed to assist students who demonstrate significant financial need, enabling them to pursue their academic goals without the burden of excessive financial stress. The fund honors Olive Allen McKibben, whose legacy emphasizes the importance of education and community support. Recipients of this scholarship are typically students enrolled full-time in any undergraduate program at the University of Washington, and the award amount varies annually depending on available funds and the number of qualified applicants. The scholarship aims to foster academic success and retention by alleviating financial barriers, thereby contributing to a diverse and inclusive campus community. While the scholarship primarily focuses on need, academic performance is also considered to ensure recipients are committed to their studies. The University of Washington administers the scholarship through its financial aid office, which manages application procedures and award distribution. Students interested in applying should consult the university’s official financial aid website for the most current information on eligibility criteria, application deadlines, and required documentation. This scholarship is part of the university’s broader commitment to supporting students from various socioeconomic backgrounds to achieve their educational aspirations.

Eligibility & Overview

Financial Grant

Varies by year

Scholarship Type

Need based

What's Covered

Tuition fees
Books and supplies
Living expenses

Description

The Olive Allen McKibben Scholarship Fund is a financial aid opportunity aimed at undergraduate students enrolled at the University of Washington who demonstrate substantial financial need. Established in memory of Olive Allen McKibben, the scholarship reflects a commitment to supporting students who might otherwise face significant financial obstacles to higher education. The fund is managed by the university’s Office of Student Financial Aid, which evaluates applicants based on their demonstrated financial need as determined by the Free Application for Federal Student Aid (FAFSA) or the Washington Application for State Financial Aid (WASFA) for eligible students. While the primary criterion is financial need, the scholarship also considers the applicant’s academic standing and enrollment status, requiring recipients to maintain full-time enrollment and satisfactory academic progress throughout the award period. The amount awarded varies annually and depends on the total funds available and the number of recipients. Typically, the scholarship can cover a portion of tuition costs, textbooks, and other educational expenses, helping to reduce the overall financial burden on students. This assistance is particularly valuable for students from low-income families or those who have limited access to other forms of financial aid. The application process usually involves submitting a financial aid application along with any additional documentation requested by the financial aid office. Deadlines and specific application requirements may change each academic year, so prospective applicants are advised to check the University of Washington’s official financial aid website for the most current information. The Olive Allen McKibben Scholarship Fund is part of the university’s broader strategy to promote access, equity, and inclusion by providing targeted financial support to students in need, thereby enhancing their chances of academic success and degree completion.

Key Benefits

Provides financial assistance to cover tuition and related educational expenses, reducing the financial burden on students.

Supports students from diverse socioeconomic backgrounds, promoting inclusivity and equal access to higher education.

Financing Information

Funding and Administration of the Olive Allen McKibben Scholarship Fund

The Olive Allen McKibben Scholarship Fund is financed through an endowment established by donations and managed by the University of Washington’s financial aid office. The endowment generates income annually, which is then allocated to support scholarship recipients. The amount awarded to each student varies depending on the total funds available in a given year and the number of eligible applicants. The university prioritizes need-based criteria to ensure that the scholarship benefits students who require financial support the most. Recipients are selected based on a combination of documented financial need and academic eligibility. The scholarship funds are disbursed directly to the student’s university account to cover tuition, fees, and other educational expenses. In some cases, funds may also be applied toward books and living costs, depending on the student’s financial aid package. The administration of the scholarship involves coordination between the financial aid office and the university’s bursar to ensure timely and accurate distribution of funds. Students must maintain full-time enrollment and satisfactory academic progress to continue receiving the scholarship in subsequent years. Since the scholarship is need-based, students are encouraged to complete the FAFSA or WASFA annually to remain eligible. The university updates scholarship recipients on any changes to funding or eligibility requirements through official channels. Prospective applicants should consult the University of Washington’s financial aid website or contact the financial aid office directly for detailed information on application procedures, deadlines, and documentation requirements.

The scholarship is funded through an endowment managed by the University of Washington.
Award amounts and the number of recipients vary annually based on available funds and applicant need.

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* Disclaimer: Information provided about the Olive Allen McKibben Scholarship Fund is subject to change. Prospective applicants should verify all details, including eligibility criteria, deadlines, and award amounts, with the University of Washington’s Office of Student Financial Aid or the official university website before applying.