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ScholarshipNeed based

Richard Traina Scholarship

Fordham University

General Undergraduate StudiesGraduate Studies

Key Statistics

Grant Amount

Varies by year

Location

Deadline

Varies by year

About this Scholarship

The Richard Traina Scholarship is a need-based financial aid award offered by Fordham University, primarily aimed at supporting undergraduate and graduate students who demonstrate significant financial need. Named in honor of Richard Traina, a former president of Fordham University known for his commitment to academic excellence and social justice, this scholarship reflects the university's dedication to making higher education accessible to a diverse student body. The scholarship is awarded annually and is intended to reduce the financial burden on students, enabling them to focus on their academic and personal development. While the exact amount and number of awards may vary each year depending on available funds and applicant pool, recipients are selected based on a combination of demonstrated financial need and academic standing. The scholarship is applicable to students enrolled in various disciplines across the university, reflecting Fordham’s broad educational offerings. As a need-based award, the Richard Traina Scholarship complements other forms of financial aid and is part of Fordham University’s comprehensive approach to student support. Applicants are encouraged to apply through the university’s financial aid office and submit all required documentation to be considered. The scholarship’s administration aligns with Fordham’s mission to foster an inclusive academic environment that supports students from diverse socioeconomic backgrounds.

Eligibility & Overview

Financial Grant

Varies by year

Scholarship Type

Need based

What's Covered

Tuition fees
Room and board (subject to availability)
Other educational expenses (varies)

Description

The Richard Traina Scholarship is a financial aid program established at Fordham University to provide need-based assistance to students who require support to pursue their academic goals. This scholarship honors the legacy of Richard Traina, who served as Fordham's president from 1976 to 1990 and was known for his advocacy of educational access and social responsibility. The scholarship is designed to assist students who demonstrate significant financial need, as determined through the university’s financial aid assessment process. It is open to both undergraduate and graduate students enrolled at Fordham University across a wide range of disciplines, reflecting the institution’s commitment to supporting diverse academic interests. Award amounts vary annually and depend on the availability of funds and the financial circumstances of applicants. The scholarship may cover partial or full tuition fees, and in some cases, additional educational expenses such as room and board or books, subject to the university’s policies and funding limits. Application for the Richard Traina Scholarship typically requires submission of the Free Application for Federal Student Aid (FAFSA) or the CSS Profile, along with any additional documentation requested by the financial aid office. Selection criteria focus primarily on financial need, but academic performance and enrollment status are also considered. Recipients are expected to maintain satisfactory academic progress as defined by the university to continue eligibility. The scholarship is part of Fordham University’s broader financial aid program, which includes grants, loans, and work-study opportunities, aimed at making education affordable and accessible. Due to the variability in funding and award amounts, prospective applicants are advised to consult the university’s financial aid office for the most current information and application procedures.

Key Benefits

Provides financial assistance to students with demonstrated need, reducing the cost of tuition and other educational expenses.

Supports a wide range of disciplines and both undergraduate and graduate students, promoting inclusivity and academic diversity.

Financing Information

Funding and Financial Support Structure

The Richard Traina Scholarship is funded through Fordham University’s endowment and financial aid budget allocations. The amount available each year depends on the income generated by the endowment and the university’s overall financial aid resources. Because it is a need-based scholarship, the primary criterion for awarding funds is the financial need demonstrated by the student through standardized financial aid applications such as the FAFSA or CSS Profile. The university’s financial aid office assesses each applicant’s financial situation, including family income, assets, and other relevant factors, to determine eligibility and award amounts. The scholarship funds are applied directly toward the student’s tuition and may also cover other educational expenses such as housing, meals, and textbooks, depending on the award size and university policies. Recipients must maintain satisfactory academic progress to continue receiving the scholarship in subsequent years. The scholarship cannot be combined with certain other institutional awards, but it may be used alongside federal and state aid programs. Because the scholarship amount varies, students are encouraged to explore additional funding sources and plan their finances accordingly. The university provides guidance and counseling to help students understand their financial aid packages and manage their educational expenses effectively.

Award amounts are determined annually based on available funds and applicant need.
Recipients must submit required financial documentation and maintain academic standards to remain eligible.

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* Disclaimer: Information about the Richard Traina Scholarship may change from year to year. Prospective applicants should verify all details, including eligibility criteria, deadlines, and award amounts, directly with Fordham University’s financial aid office or official website before applying.