As part of a $1 million investment nationwide, Chase announced today that it will provide a $122,000 grant to The University of Texas at Arlington to fund educational opportunities for military veterans.
With the ongoing drawdown of military forces, about 1 million service members will transition out of uniform over the next few years. The UT Arlington grant will allow the University to expand its successful Student Veteran Project, which offers free, specialized admissions and counseling services to undergraduate veterans who want to return to college.
"Education is a path to sustainable employment as well as family and financial stability," said Maureen Casey, the bank’s Director of Military and Veterans Affairs. "By supporting educational opportunities for veterans and their families we will cultivate and empower the next greatest generation."
Alexa Smith-Osborne, an associate professor of social work, is principal investigator of the UT Arlington Student Veteran Project, which developed the program model. She said Chase’s support will make it possible to provide enhanced services to student veterans at the onset of their first academic year based on the model developed by the University’s Center for Clinical Social Work.
“This tested, innovative program model uses the latest evidence in neuroscience and human resilience among military populations to support peak academic performance, on-time graduation and successful career launch for student veterans,” Smith-Osborne said.
Many veterans face unique challenges in educational settings related to their military service, family status and attendance as non-traditional students. Chase's education grants will help U.S. colleges build programs for veterans on campus, including orientation and bridge programs, student services and enhanced classroom experiences with the ultimate goal of increasing retention and graduation rates.
UT Arlington boasts one of the largest populations of student veterans and active duty military personnel in Texas, Veterans Administration surveys show. The University enrolled about 500 veterans during the 2006-07 academic year. That number has more than tripled to 1,564 student veterans in fall 2013.