The College of The Albemarle (COA) Foundation recently received an extraordinary gift of $50,000 from a generous donor to establish a new scholarship endowment. The endowment is designed to provide scholarships for COA students enrolled in Career and Technical Education Programs.
“The Foundation is thrilled to have this level of support from a donor who has been a partner with us for many years — in a variety of ways. The donor thought outside of the box in regards to her scholarship endowment, in that she wants her gift used for scholarships immediately and at a higher draw-down percentage than most. It was refreshing to work with this donor to ensure we captured all of her wishes and expectations,” stated Lisa Johnson, Executive Director for the Foundation.
COA’s Career and Technical Education (CTE) programs of study include Aviation Systems Technology, Computer Aided Drafting Technology, Computer Integrated Machining, Electrical Systems Technology, HVAC Technology, Medical Laboratory Technology, Phlebotomy, Practical Nursing and Welding Technology. As programs of study are added in the future at the college, this list may grow.
The donor wanted to focus on the CTE programs as there is little specific scholarship money for students in these classes. She wanted to support students who were seeking a short-term program, usually a one-year program, and then enter the workforce into good paying jobs. Several of the CTE programs include a Work-Based Learning (WBL) component where students are connected with local employers to receive on the job training. Many employers who partner with COA, and our WBL students, hire these students when they graduate.
The COA Foundation would like to encourage businesses throughout the seven-county service area to consider donating to this fund. Give an in-kind gift of equipment for any of these programs of study or volunteer your time to share your expertise.
For more information about COA Foundation’s scholarships, please visit the Foundation scholarships page or call 252-335-0821 ext. 2265.