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MGO Scholarship to UofM?

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March 24th, 2012 at 10:50 PM | I love this idea. I didn't (Score:1 Overrated)
Belisarius
Joined: 08/12/2010
MGoPoints: 1089

I love this idea. I didn't read all the responses, so I might have missed it, but I didn't see anything about a "need basis," which I believe should be a requirement. Not that plenty of students don't deserve this period, but I think it always behooves us to help those who need the help the most. I would certainly support this initiative, and encourage those close to me to do so as well.

Don't quote laws to us. We carry swords.

-Pompeius Magnus

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March 24th, 2012 at 10:51 PM | This pleases me (Score:1)
OmarDontScare
OmarDontScare's picture
Joined: 08/13/2010
MGoPoints: 1538

This pleases me

I got the shotgun. You got the briefcase. It's all in the game though, right?

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March 24th, 2012 at 11:10 PM | To Live Large (Score:2 Normal)
maizeonblueaction
maizeonblueaction's picture
Joined: 12/19/2011
MGoPoints: 352

You know, if we're thinking of living large with the scholarship idea, we could endow one. I don't know specific numbers, but if we could put together about $500,000 or so, it would endow a scholarship forever, and we could set our own criteria for it (like working for the blog or something), etc. They would probably let us pay it over a few years, but it might be more efficient than putting the money together every year forever.

So it goes.

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March 24th, 2012 at 11:56 PM | See below. (Score:2)
James Burrill Angell
James Burrill Angell's picture
Joined: 08/12/2009
MGoPoints: 3397

Let me explain. Using rough numbers, the University requires an endowment of about $23,000 for every $1,000 you want to give out. Accordingly, you can use that as a guideline. If you kick open a Kickstarter, you can guarantee a $1,000 payout per year for a scholarship/internship stipend. For every additional $23,000, the payout is an additional $1,000 per year. $500,000 would be a payout of $20,000 annually with the interest.

I can also tell you as a veteran of these wars, thats a way high goal. If we can nail $50,000 it would be a big achievement.

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March 24th, 2012 at 11:14 PM | Perfect (Score:2)
UofMGoBlue16
Joined: 08/16/2011
MGoPoints: 142

Love the idea. I'm a sophomore here looking at a lot of student loans, and I'd love to get the chance to apply for this. Love the vibe other people are giving off about the idea

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March 24th, 2012 at 11:40 PM | Piece of Cake (Score:5 Normal)
James Burrill Angell
James Burrill Angell's picture
Joined: 08/12/2009
MGoPoints: 3397

Not kidding either. After I saw what went on with the Kickstarter thing this week I had the same thought. I actually have been thinking about this for a while and frankly, I believe I can get this done from the technical side with the University. I've already created three scholarships at M and raised over $300,000 between them, most recently with the MGoAuction. I know exactly who to talk to in the UofM Development community to set up either the straight scholarship or turn it into a stipend for an intern while making sure At donors get their tax deduction letter.

Almighty MGoLeader knows how to get in touch with me by email. He'd obviously has to be on board since this is his site (and potentially his internship).

I kid you not, I can make it happen from the University side, it's just up to Brian and the mods if they want to take a shot at this. Frankly it'll be infinitely easier than that auction. Jeez, three of those in the last five years turned my hair gray. That said, there was actually a big event tonight at the UofM Art Museum for donors who set up scholarships to meet the students who were currently benefiting from them. This was the first time I got to meet a student on one of the scholarships created by the MGoAuction. Pretty fucking surreal. I'd love to be able to be at that event in the future and meet an undergrad on an MGoScholarship (bet you they would let you use that nam,e too).

Brian, if you want it, you know how to find me.

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March 24th, 2012 at 11:49 PM | Have I told you lately, (Score:4 Normal)
YakAttack
YakAttack's picture
Joined: 01/20/2009
MGoPoints: 10773

that I love you?

http://semichigansports.com

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March 24th, 2012 at 11:52 PM | And can I second this? (Score:3 Normal)
Craze for Maize
Craze for Maize's picture
Joined: 11/11/2011
MGoPoints: 778

And can I second this?

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March 25th, 2012 at 12:52 AM | I can (Score:2 Normal)
MaizeRage89
MaizeRage89's picture
Joined: 05/04/2009
MGoPoints: 554

3rd this great idea and I would kick down funds

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March 24th, 2012 at 11:55 PM | I love the idea considering (Score:2)
ColoMichiganman
Joined: 03/09/2012
MGoPoints: 38

I love the idea considering that I am another college student that wanted to go to UM but lack of finances held me back. I am considering grad school there and maybe it could be extended to something like that to. No matter if it was me or someone else that got an opportunity like this I am in full support of the idea and I hope we can make this happen because of the incredible experience it would be to attend UM.

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March 25th, 2012 at 12:00 AM | IMO, the person who probably (Score:5 Normal)
chunkums
chunkums's picture
Joined: 06/30/2008
MGoPoints: 9111

IMO, the person who probably has student loans that should benefit the most from donations is Brian Cook himself.  The dude is a blogger, so (no offense Brian) I doubt he's rolling in the dough.  Perhaps we should donate to the Brian Cook Scholarship fund and not divert any funds from the guy who supports himself by running a blog that we know and love.

For today, goodbye. For tomorrow, good luck. And forever, Go Blue.

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March 25th, 2012 at 12:13 AM | I'm tryna get an (Score:2)
SoFlaWolverine
SoFlaWolverine's picture
Joined: 07/08/2011
MGoPoints: 373

I'm tryna get an MGOinternship! They are not easy to come by these days

Denard is my homeboy.

University of Michigan Class of 2014

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March 25th, 2012 at 1:45 AM | I'd be eager to support (Score:2)
Wenham Wolverine
Joined: 08/10/2010
MGoPoints: 1233

I'd be eager to support either an MGoScholarship or MGoIntern program.

The primary reason I didn't go to Michigan was money, and I'd love for things to be different for other kids down the road.

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March 25th, 2012 at 1:52 AM | I would donate significantly (Score:4 Normal)
eschaton811ydau
eschaton811ydau's picture
Joined: 11/03/2011
MGoPoints: 47

I would donate significantly more money to a scholarship than a magazine venture. I bet a lot of others would as well. This idea is not unpossible.



It would also raise the profile of this website with officials at the university. Where do I sign up?

Thorium reactors. Goddamnit humans.

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March 25th, 2012 at 1:57 AM | Ich auch (Score:1)
Humen
Humen's picture
Joined: 10/04/2010
MGoPoints: 1405

I also would be willing to support an Mgoscholarship, even though I'm too poor to donate to the magazine. 

 

Thanks Thorin/Mgovideo for avatar

 

 
 
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March 25th, 2012 at 9:00 AM | Great idea (Score:1)
cozy200
cozy200's picture
Joined: 01/02/2011
MGoPoints: 916

Great idea. With the kickstarter response im sure this would be achievable. Remember to set your goals s.m.a.r.t. Cheesy business term but its true. These donations are tax deductible yes? Im sure a lawyer on the board would be willing to setup some type of legal jargon 501c or the like to ensure its deductible for donors. Love the idea and they must be mgoblog members without a doubt. Also a vote by the community should have some influence on the student choice. Im all for it!

Its called a royale with cheese

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March 25th, 2012 at 2:31 PM | Hell I would even support (Score:0)
phork
phork's picture
Joined: 11/01/2009
MGoPoints: 1162

Hell I would even support this.  I think its a fantastic idea to help a kid out.  I love this kind of community support.  If we could make even just one kid less poor coming out of school I would be tickled.

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March 26th, 2012 at 1:19 AM | I like the scholarship idea; (Score:2)
Feat of Clay
Feat of Clay's picture
Joined: 08/10/2009
MGoPoints: 2886

I like the scholarship idea; it's gratifying to see people be so supportive.   I like the internship idea too.  But I don't think they should be tied together.

If we go through U-M (which sounds desirable for a bunch of reasons) then the University would be choosing the candidate, whereas I think you'd want an MGoIntern to be selected by MGoblog staff.

Also, there's the issue of privacy.  Many people here seem comfortable admitting their real (or potential) status as being in financial need to pay for Michigan, but that's not universal.  We'd be putting someone into an internship that is publicly acknowledged as being for need-based students, discussed here on a widely-read board that is open to all comers.  Not really fair to the student, who might want their aid status to be less of an open book. 

These are two good ideas that in my mind should stay two ideas, not be melded together.

 

Candace: No... That why they make smart word box for tell monkey hard brain-hurty things.
Phineas: Removing prepositions makes it more condescending.
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