- July 15, 2021
- Posted by: Stratford Team
- Category: Business
HOLLAND, Mich. — Hope College wants to create a new financial model to fund students’ education.
President Matthew Scogin shared his vision for full-funded tuition at his inauguration on Sept. 13, 2019, and since then the college has raised more than $31.1 million toward its implementation, according to a news release Wednesday.
“We’re excited to be pursuing a new model for funding higher education,” Scogin said. “Rather than require students to pay for their education in advance, through what is too often a transactional relationship, we are working toward a funding model based on the biblical principles of generosity and gratitude. Once it’s implemented, students will receive a transformational education for which others have paid. Then, when they are graduates, we will ask them – out of gratitude for what they’ve received – to be generous in response by investing in future generations of students.”
The goal is to make a Hope…