Marlton, NJ -- The Michaels Organization Educational Foundation, the nonprofit affiliate of The Michaels Organization has announced that $18,500 in college scholarships has been awarded to nine students living in housing managed by University Student Living (USL).
The foundation, which has distributed $5.2 million in scholarships to more than 2400 residents living in affordable and military housing communities owned or managed by companies of The Michaels Organization expanded the program to include USL residents earlier this year.
In September, University Student Living kicked off the inaugural year of its Scholarship Program by inviting all of residents living in USL’s state-of-the-art student housing communities to apply for an educational grant. The USL Scholarship program is part of the company’s deeply embedded culture of “giving back” to communities where they work.
“Education has the power to transform lives,” said USL President Joseph Coyle. “We are so proud to offer this unique opportunity to our USL student residents, and are grateful to all who applied. We look forward to the program continuing to expand in the future.”
University Student Living, LLC, is the comprehensive student housing company of The Michaels Organization, a national leader in residential real estate creating award-winning affordable, mixed-income, military and student housing.
University Student Living is one of the country’s most active developers of on- and off-campus student housing, having executed more than $3 billion in developments. In 2014, USL launched management operations and currently serves students in 12 communities located near universities across the country.
Funds for the USL Scholarship program are raised exclusively from voluntary contributions from business partners and friends throughout USL’s business network.
This year’s grants ranged from $2,000 to $2,500. All USL residents enrolled in accredited colleges, universities or vocational training programs were encouraged to apply for the scholarships which were distributed to colleges for the spring semester. Students may also re-apply every year of their education.