A newly established fund at Rider University, designed to provide crucial financial support to students facing unexpected hardships, has rapidly surpassed $2 million in gifts since its creation just over a month ago.
The Presidential Hope Fund was established by President John Loyack and provides immediate financial support to students whose academic progress toward graduation may be jeopardized by unforeseen financial or family crises. The initiative exemplifies Rider’s commitment to holistic student success by removing short-term financial roadblocks.
A key indicator of the fund’s robust support is the 100% participation rate from both the Board of Trustees and President Loyack’s Senior Leadership Team.
“Through the Presidential Hope Fund, the Rider community is coming together to ensure that no Bronc is left behind when they face a temporary setback,” Loyack said. “Whether it’s support for books and class materials because a student lost their part-time job or assistance to pay an unexpected medical bill — the fund is meant to address a variety of circumstances and needs.”
The fund is intended to address a variety of needs, ensuring students can maintain academic progress without the threat of financial derailment. Students facing unexpected difficulties can apply for funding using a dedicated application form, with applications reviewed on an individual basis.
For those interested in supporting the initiative, gifts can be made online or by contacting Rider’s Office of University Advancement.
