ita Magliocco ‘10 and Karissa Smith ‘12 know the value of a college education. A shared drive for academic excellence, desire to be involved in on-campus organizations and urge to contribute through community service prove they’re fully committed to enjoying a complete USD experience.
Those successes are just a few of the reasons that Magliocco (at right) and Smith were the inaugural recipients of the Alumni Endowed Scholarship. The $2,500 scholarships came at a critical time for both.
“Money is tight, and getting the scholarship was a blessing,” says Smith, a first-generation college student. She’s an integral part of USD’s Campus Ministry and is active with the Peace Club, Students for Life, and the Sustainability and Environmental Club. She also took part in the Oscar Romero Center’s service trip to El Salvador during Intersession her freshman year. “I’m determined to get the most out of my education,” she says.
Magliocco, an accounting major and daughter of Frank Magliocco ’81, came to USD after a year at a university in Connecticut. One of three college-age siblings, for her, securing financial assistance is vitally important.
“The scholarship helped me a lot. I know I couldn’t be here without the support,” she says. A whirlwind of activity keeps Magliocco busy: She’s been on the dean’s list since 2007 and is active in the Accounting Society, USD TV, Beta Alpha Phi and Residential Life.
While Magliocco and Smith are the first to receive funds from the Alumni Endowed Scholarship, the goal is to increase its impact and build the endowment to $1 million by 2012.
“Now more than ever, students need support, and we want to keep students at USD,” says Alumni Relations Associate Director Sarah Evenskaas. The fund’s balance is currently $450,000, and 90 percent of the gifts to the fund are through donations of $250 or less. “Every gift matters. Even a modest gift helps, because it all adds up.”