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Holy Cross College Partners with 5/3 Bank to make Catholic Higher Education more Affordable for All

Holy Cross College Partners with 5/3 Bank to make Catholic Higher Education more Affordable for All

NOTRE DAME, IN (February 9, 2012) - Staying true to its Catholic identity and mission to serve those in need, Holy Cross College, in partnership with 5/3 Bank, announced the 2012 recipients of the Charles E. Schell Foundation Loan Program award.

Katrina Allen, Katelyn Czech, Rodrique Owona, Nicholas Reynolds, Brandon Schaar, Joshua Schuller, Lindsey Swaim and Taylor Williams each received a $2,000 scholarship based on need, academic standing, and citizenship.  This is the fourth installment of the award, which is a $100,000.00 amount over four years. About 90% of students at Holy Cross College receive some kind of financial aid.

"A grant like this is really wonderful," explains college president, Brother John Paige, C.S.C. "It allows us to do more than offer state and federal aid.  Our mission is to serve whoever is going to be a good fit at Holy Cross College.  Some people are a great fit but their family can't make the financial obligation.  This grant helps them make up the differential, often making it possible for a student to live on campus and be part of the campus community."

Taylor Williams is a senior at Holy Cross College, majoring in communications.  With plans to work in advertising or public relations, Williams says the extra help makes it possible for him to continue his education.

"It means a lot," says Williams. "I was in need of some extra funds to pay for my second semester and this really came through at a time of need for me."

Lyndsey Swaim, a junior majoring in communications with a minor in psychology, agrees. Robert Benjamin, Director of Financial Aid at Holy Cross College, helped her find state and federal funding for her college education. She says she is thankful for the Schell Award because it will help her pay the remaining balance.

"I've really enjoyed Holy Cross College," smiles Swaim.  "It's like a family-based community, which is great. Finances were a deciding factor in my decision to come here."

5/3 Bank representative Craig Pratt says Holy Cross College is a good fit for both the bank and the Schell Foundation.

"We have a focus on education," explains Pratt.  "We believe we have to give back to the community.  One of our primary means is through education and helping college students with scholarships."

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Holy Cross College is a Catholic, four-year, co-educational, liberal arts institution founded in 1966 by the Brothers of Holy Cross.  With a 13:1 faculty/student ratio, students find personal attention from professors who care about their success and development in mind, body, and spirit. The Four Pillars of the core curriculum include a professional internship, service to others, a global perspective experience, and a senior Capstone presentation which summarizes and synthesizes each student's learning. Located in Notre Dame, Indiana, Holy Cross College provides the best of both worlds: a close-knit, small college atmosphere with the resources and social opportunities of a large university.