For 50 first-year UConn students, new scholarship program from The Hartford helps remove financial obstacles to success [Hartford Courant]
When UConn Hartford freshman
“I’m looking over my emails, and it says: ‘Congratulations, you’ve been awarded $4,000!’ ... I thought it was a scam,” said Carreno, who graduated from
But after verifying that he was accepted into The Hartford Scholars Program — funded by a
“This means I can now slow down on picking up shifts at my job and help my mom around the house with paying the bills,” said Carreno. “And I can study more.”
Carreno and 49 other UConn Hartford first-year students will each receive about
The scholarship money will go to 25 UConn Hartford students in the Class of 2025 and 25 students in the Class of 2026. Program participants, who must be
“In places like UConn Hartford, where we have a majority of first-generation students of color ... the challenges and obstacles for success [for] moving towards graduation [and] doing well in their classes are many,” said Mark Overmyer-Velázquez, the school director. “And the financial piece looms large.”
Tuition for undergraduate students at UConn’s regional campuses at
Like Carreno, many students work at least one job, if not more, to support themselves and their families, said Overmyer-Velázquez, and the coronavirus pandemic has heightened financial instability.
“Relieving them of that obstacle to be able to focus on their studies and complete the degree within four years is a really transformative piece for them,” he said.
In 2019, Katsouleas introduced a need-based aid program called the Connecticut Commitment that would cover the gaps between tuition cost and aid students receive from other sources, like Pell Grants and merit-based scholarships, for
Elliot described The Hartford Scholars program as an opportunity to continue supporting the local community as well as the university’s talent pool. The
While the insurance company is planning to offer the students professional mentorship opportunities and summer internships, they have no obligations to join The
“The connection between education and success in life we think is well-documented, and we want to make sure we can do everything we can to make sure these folks are on that path,” Elliot said, noting that he’s hopeful more corporations in the state will consider adopting similar initiatives.
Overmyer-Velázquez, the UConn Hartford director, said about 1,600-1,700 undergrads are currently enrolled at the downtown campus, which was established in 2017.
©2021 Hartford Courant. Visit courant.com. Distributed by Tribune Content Agency, LLC.


Wicker, Hyde-Smith Urge FEMA To Delay Flood Insurance Changes That Would Raise Premiums
Know your medicare coverage
Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Market-value adjusted annuities: Key considerations for advisors
- Private equity’s next play in insurance
- Immediate Care Plan: A new solution for funding LTC
- Delaware Life Launches a New Bonus Fixed Index Annuity Built for Growth, Protection, and Flexibility
More Annuity NewsHealth/Employee Benefits News
- Farm families consider options for health coverage
- Medicaid insurers’ contracts on the line in tight Iowa governor’s race
- Here are the corporate PACs fueling Tennessee’s race for governor
- OPINION: Healthcare costs are surging. Taxing billionaires will help Californians keep their coverage
- Doctors concerned about Medicaid work rule
More Health/Employee Benefits NewsLife Insurance News
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
- AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
- Yancey Jr., Delos Harley
- Vincent Esparza CFP, CLU joins Wilde Wealth Management Group as Senior Wealth Advisor
More Life Insurance News