In the face of unprecedented needs by George Mason students for emergency financial assistance, corporate sponsor EagleBank has stepped up with a $50,000 contribution directed at helping students struggling in the midst of the Covid-19 crisis.
At EagleBank’s request, funds that were previously intended for scholarships in 2021 have been advanced to support School of Business students applying for emergency aid.
“In this time of crisis, we are pleased to be able to assist George Mason students and to provide the funding that can ease their way back home and provide them with the tools needed for distance learning,” said Susan Riel, president and chief executive officer of EagleBank.
Mason business students, particularly those who have lost jobs, can use the emergency assistance to meet urgent financial needs such as food, rent, tuition and technology equipment. EagleBank’s contribution is a significant part of a university-wide emergency fund that now totals more than $1.1 million and has already helped nearly 1,000 Mason students.
“We are very grateful for the support of our friends at EagleBank and hope that others will be inspired by their generosity,” said Maury Peiperl, dean of Mason’s School of Business. “Now more than ever it is incumbent on all of us to help make it possible for our students to continue their Mason education, despite significant challenges.”
EagleBank, one of the region’s leading financial institutions, has had a strong commitment to George Mason University since 2015, when it acquired naming rights to EagleBank Arena on Mason’s Fairfax Campus. The company funds the EagleBank Scholarship in Real Estate and the EagleBank Entrepreneurship Scholarship within the School of Business, as well as internships for Mason business students.
Rob Riordan / April 17, 2020
