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Fingerprints
2004–05 was a remarkably good year for Fingerprints—the student fundraising program that provides financial aid for students at AUB. Although the program has been a success ever since it was established in 2001–02, student participation since then has been dramatically increasing— it rose from 39 percent of the graduating students in 2003–04 to 48 percent, or almost half, of the graduates this year.
Graduating students participate in Fingerprints by making a minimum donation of $25 to the “Fingerprints Endowed Scholarship Fund.” Because Trustee Ali Ghandour and the University Student Faculty Committee (USFC) made two-for-one matching pledges in 2004–05, the $24,500 donated by the students graduating in 2005 actually adds up to almost $125,000.
As a result of the generous support of thousands of AUB students in the last four years (the classes of 2002, 2003, 2004, and 2005), multiplied by the contributions of the USFC and Trustees Kamal Shair and Ali Ghandour, the value of the fund is now more than $340,000. (Trustee Kamal Shair had matched student contributions in 2002, 2003, and 2004.) All the money raised through Fingerprints is invested in perpetuity and the interest earned on the endowed fund is used to provide financial aid to students, ensuring that every penny of the money contributed will benefit AUB students forever.
President and Mrs. Waterbury honored those who contributed to Fingerprints at a reception held at Marquand House on June 21. |