This year a new scholarship, named in honor of Ross Vaughn, will be offered to students majoring in kinesiology. This dean-level scholarship will provide one half in-state tuition package to an undergraduate student, with a preference towards those studying biomechanics.
“[Vaughn] touched many students through the years,” said Mike Journee, the director of advancement communications. “He’s been involved in a lot of students’ lives and been a mentor to a number of faculty members.”
In four decades, Vaughn held many different positions as a faculty member at Boise State: head baseball coach from 1973 to 1980, director of intramural sports and recreation from 1973 to 1981, graduate program coordinator 1992 to 1994, Department of Kinesiology chair 1994 to 2003, education associate dean 2003 to 2013, Department of Educational Technology interim chair 2012 to 2013.
He was also a professor of biomechanics for 30 years and was vital in the development of the Boise State Recreation Center.
The minimum amount of money needed to start a dean-level scholarship is $85,000, paid over a period of five years. Those who donated to the Ross Vaughn scholarship include Bob Murray, founder of Sports Science Insights, LLC; Robert Heffner, executive vice president for Falck USA; Karl Benson, Sun Belt Conference commissioner; and Bob Schuler, vice president of distribution accounting for Albertsons, LLC.
“This is money given with the intent to be invested,” Journee said.
The donations for this level of scholarship are referred to as endowments. This means that Boise State will invest the funds for the scholarship in the stock market through a third party. Whatever is gained from this investment is then dispersed to students. According to Journee, the profit from the initial investment is usually four percent or higher.
“This means the initial investment will always be earning money and never go away,” Journee said.
Boise State University Foundation, an independent organization, manages these funds. This board is made up of alumni and local business associates to ensure the maximum amount of money is returned to the student body.
“A scholarship is a big deal because it is a way to recognize talented students and provide much-needed financial support to help them realize their academic dreams,” Murray said in a May press release. “In this case, the Ross Vaughn Scholarship also recognizes Dr. Vaughn’s many contributions to Boise State University, foremost among them his unwavering dedication to helping students succeed.”
For more information about scholarships and ways to give, visit giving.boisestate.edu.