Couple give $50K for scholarships

News Release Date: 
01.14.10

Couple give $50K for scholarships
By KURT MOORE • The Marion Star • January 14, 2010

MARION - Future students studying business or Science, Technology, Engineering, Mathematics (STEM) at The Ohio State University-Marion will get help from a local couple's scholarship endowment.

Arthur and Ann Lowe committed Wednesday to contribute $50,000 toward a scholarship for students in those fields. The money, which Arthur Lowe said they may match in the future, will go into an endowment fund and the interest will be used to fund annual scholarships.

"Our hope is to be a frequent contributor to Ohio State University-Marion," Arthur Lowe said.

The Lowes met with OSUM officials and two students Wednesday in Maynard Hall to make the announcement. Students with a grade point average of 2.7 or above will be eligible, Lowe said, explaining they wanted to "take a look at the average student."

Students Jacci Erwin and Clinton Holloway praised the Lowes' contribution. Holloway, who graduated from high school five years ago, talked about how he had worked a few jobs before going to college rather than enrolling straight out of high school.

"If there were more opportunities (like this) perhaps I could be well on my way to my education," Holloway said.

Arthur Lowe, now retired, and Ann Lowe, branch manager of Marion's LPL Financial Services, have been involved in investment banking. The couple, whose daughter attended The Ohio State University, said they have seen the campus grow and wanted to help recognize the value of education locally.

"We love the community," Ann Lowe said. "This is our way to give back to the community."

STEM fields are considered among the front-runners of future career growth as the need for engineers and other workers in technology continues to increase.

OSU-Marion Dean Gregory Rose said the university is continuing efforts to build a new science building on the Marion Campus. He said The Ohio State University accepted OSU-Marion's feasibility study and the local campus now must develop a business plan that includes funding.

"I would like to have dirt flying in 2012," Rose said. "But I am not the only one who makes that decision."

Reporter Kurt Moore: 740-375-5151 or kdmoore@marionstar.com