"It just seemed appropriate to set aside funds to support students who are the first in their families to go to college. It's a life-changing step."
Mary and Tom Southards grew up in different states, but shared similar goals. Both dreamed big in their small towns.
Accomplishing those dreams meant theyβd be among the first in their families to go to college. For Mary, earning a college degree in the 1970s led to a career outside of the home; for Tom, it entailed a different kind of opportunity. While most people in his hometown went to work at the local textile mill, Tomβs plans exceeded those four walls.
βEven though our parents didnβt go to college, they valued education and saw education as a way to move up and enhance your quality of life,β said Mary Southards, assistant dean for enrollment management at ΒιΆΉΣ°ΤΊ at Stark. βHaving had the benefit of that, it seemed right.β
The Southards worked their way through college, completing both bachelorβs and masterβs degrees. During her more than 35-year tenure at ΒιΆΉΣ°ΤΊ State Stark, Mary has watched students work hard to pay tuition semester by semester as they study their way to graduation day.
As the Southards look forward to retirement, theyβve planned to give back to ΒιΆΉΣ°ΤΊ through an estate gift.
The Mary S. and William T. Southards Scholarship will benefit first-generation college students and is made possible by the Southards naming the university as beneficiary of an existing life insurance policy. βThis is something we felt we could, and should, do,β explained Mary.
Karen Romas, ΒιΆΉΣ°ΤΊ State Starkβs director of advancement, said gifting an existing life insurance policy is just one option available when planning an estate.
βBesides life insurance policies, donors can name ΒιΆΉΣ°ΤΊ State as a beneficiary of their individual sheltered retirement accounts, bank accounts or brokerage accounts,β explained Romas. βThese are some of the easiest and cost-free ways to help students if a gift at this time isnβt possible.β
Added Southards, βA college education truly changed my life, and my husbandβs.β Her husband continues his work in the College of Aeronautics & Engineering at ΒιΆΉΣ°ΤΊ. Tom sees the same work ethic in his students at the ΒιΆΉΣ°ΤΊ Campus as Mary has witnessed at the Stark Campus.
βMore than anything else, I think about how the campus changes peopleβs lives and their families,β Mary said. βAnd, quite often, the culture of the community.
βI canβt imagine spending my career anywhere else. When you believe in what you do, you have such an opportunity to make a positive, everlasting impact.β
HOW TO MAKE A PLANNED GIFT
Wish you could help ΒιΆΉΣ°ΤΊ students achieve their dreams of a college education, but canβt give now? You can make a difference with a provision in your estate plan.
Contact Karen Romas at 330-244-3225 or kromas@kent.edu to learn how your deferred gift can help future students.
This article appeared in the .