| When
Zak DeOssie, a senior from a middle-class North Andover family and
Big Blue’s quarterback last season, applied to Andover, his
twin sister was attending a private Catholic school in Lawrence,
another sister was in college, and his parents’ financial situation
had been impacted by a divorce. Although DeOssie, the son of a former
NFL player-turned-local sports commentator, was anxious to be accepted
by Andover, he says, “There was no way in hell we could have
afforded the tuition.” |
| |
| Educating “youth from every quarter,” to borrow a phrase
from the school’s constitution, is not a mere slogan. For the
academy, it is a mission. Aid is awarded to families from across a
range of socioeconomic circumstances. |
But educating “youth
from every quarter,” to borrow a phrase
from
the school’s constitution, is not a mere slogan. For the academy, it is
a mission. As director of financial aid, James Ventre’s job is to support
this mission by recruiting top students from “every quarter,” determining
what families are eligible for financial aid and managing the financial aid budget.
Ventre, a 1979 graduate, points out that the financial aid scholarship program
is not just for low-income families; aid is awarded to families from across a
range of socio-economic circumstances. Thus a family earning $20,000, $40,000,
$80,000 or even
more is, under certain circumstances, able to receive assistance.
“Zak is a direct beneficiary of a strengthened endowment scholarship program;
he is someone who, through the benefit of a Phelps Scholarship, has achieved
at PA,” Ventre says. Richard J. Phelps ’46, once a scholarship recipient
himself at Andover, funded the Phelps Scholarship program long before Campaign
Andover to help scholar-athletes. Begun in 1990 and supported by an endowment
valued today at more than
$4.5 million, the Phelps program in 2001–02 supported about 23 boys and
girls.
An unexpected bonus for DeOssie was the indirect connection PA gave him with
New England Patriots head coach Bill Belichick ’71. Belichick offered Andover’s
6'4", 220-pound athlete the opportunity to practice with the 2002 Superbowl
champions at the team’s summer training camp, where DeOssie participated
in the team’s pre-season conditioning test in 2001. Last summer, Belichick
invited him back to compete against the Pats’ defensive team when their
third-string quarterback wasn’t able to practice. Along the way, Belichick
took time out to give DeOssie valuable tips that helped ready the quarterback
and team captain for last season’s three-win, four-loss, one-tie (to Exeter)
record, in which DeOssie threw for more than 1,700 yards and 14 touchdowns.
Varsity football coach Leon Modeste calls DeOssie “a model, a leader and
a positive force on campus.” Yet he is but one star in a galaxy of financial
aid beneficiaries at Andover—students who are selected for their academic
excellence, intellectual curiosity, leadership skills and wide range of talents
and interests. Kids like Harvard freshman Leanna Boychenko ’02, once the
only female on PA’s varsity wrestling team, a top student in ancient Greek
and Latin who was awarded the prestigious Catlin Prize in classics. And Barbara
Badman ’03, who, in pursuing her goal to enter the medical field, takes
the toughest molecular biology course offered at PA and worked last summer in
one of Manhattan’s largest hospitals as a cardiologist’s assistant,
administering EKGs, helping with echocardiograms and observing in the operating
room. And Harvard student Michael Jaffe ’02, who, besides maintaining a
rigorous academic schedule at PA, coached immigrants in Lawrence to become U.S.
citizens and was the principal oboe in the Academy Symphony Orchestra, co-president
of the Chamber Music Society, technology editor of The Phillipian and president
of the Academy Techmasters.
Overall, Ventre says, 38 percent of the student body receives some sort of financial
aid. In 2001–02, Andover had 59 families receiving grants of $10,000 or
less, 143 families granted between $10,000 and $23,000, and 105 families receiving
grants greater than $23,000. Ten percent—or 101 students—receive
full financial aid scholarships, some of which also include fees, expenses and
travel. In each category, Ventre says, the school expects parents to assume some
measure of financial responsibility.
Explaining the impact Campaign Andover had on the financial aid program, Ventre
says it energized alumni connections with the school, strengthened the security
of parents now receiving aid and gave confidence to prospective families as they
applied for grants. Most important, it added significantly to the financial aid
endowment. Funds that go into the endowment are invested and in turn produce
revenue that provides long-range support for the school. Endowed funds for scholarship
grants generated by the campaign totaled $32 million, which raised the endowed
portion of the financial aid budget from 40 percent to 80 percent.
The cost of endowing a fund that fully supports a scholar is $500,000. However,
partial scholarships can be named through endowment gifts of $25,000 or more.
Newly named endowed scholarships received during Campaign Andover numbered nearly
100. They included the $5 million Tang Scholars Fund, established by Charter
Trustee Oscar L. Tang ’56; the George Herbert Walker Bush Scholarship Fund,
named for former U.S. President George Bush ’42, for which $3.3 million
has been raised; and the Charles S. and Margaret S. Gage Scholarship Fund, established
by the late Margaret Gage and the late Charles Gage ’21 in the amount of
$2.5 million. Other new scholarship endowment gifts topping $1 million during
the campaign were the Clarkson Family Scholarship, established by Stephen B.
Clarkson ’55; the Mary Mallory Hadlow Scholarship, established by a bequest
of the late Mary Mallory Hadlow ’22; and the H. Hanford Smith Jr. ’45
Fund, established in Smith’s name by Elizabeth and Richard Cashin ’71.
Ventre says the “resounding collaboration” with which the alumni
and parents responded to Campaign Andover’s call for more scholarship endowment
not only provides more reliable support for PA’s ability to keep pursuing
its vital mission, but also helps the school continue to attract top talent. “We
believe,” he explains, “that the recognition, confidence in and attention
paid to the endowment scholarship program through Campaign Andover helped to
influence the strength of the financial aid matriculation yield, which has risen
from 70 percent in 1992 to 83 percent in 2002.” |
|
|