Educational accessibility

Overview

Attending a university and working towards a college degree is an invaluable pursuit. Critical thinking, written communication, research and analysis skills are vital for success in today's business world. While a college degree is not a requirement for starting a new business as an entrepreneur, it can give aspiring entrepreneurs a leg up. Patrick B. Horsman, the founder of the Patrick Horsman Foundation, understands that tuition at many colleges and universities can be out of reach for some students. He set up his annual scholarship program to help.

Tuition & finances

The average cost of tuition for public universities in the United States is $9,970 per year for students living in-state. For out-of-state residents, the average cost is over $25,000 per year. For private universities, the costs are even higher.

As costs for tuition, room, board and fees climbs each year, many students face difficult decisions on how to finance their education. Student loans, scholarships, grants, and student work programs are many of the ways students can pay for school in 2021.

By offering a scholarship grant specifically for students interested in entrepreneurship, Patrick Horsman - himself a successful entrepreneur - hopes to help deserving undergraduates.