JPMorgan Chase Selects USF for Grant Supporting Student Vets
Todd Bowers, JPMorgan Chase, USF President Judy Genshaft, Dan Borasch, JPMorgan Chase and Larry Braue, Director of USF Veteran Services.
Special to USF News
TAMPA, Fla. (Feb. 28, 2014) - JPMorgan Chase has selected the University of South Florida as one of just four institutions nationwide for a grant to expand educational opportunities for military veterans on campus and help student veterans graduate from college and find meaningful jobs.
With the ongoing drawdown of military
forces, about 1 million service members will transition out of uniform over the
next few years. The gift will allow USF to expand its successful academic
enhancement program to help student veterans stay on track for graduation, a
mentoring program to connect student veterans with mentors in the community,
and an employment preparation and job placement program. Totaling $235,750, the
gift is part of a $1 million investment in higher education programs from the
financial services firm—-USF is the largest grant recipient and the gift is the
largest received by the USF Office of Veteran Services.
“Education is a path to sustainable employment as well as family and financial stability for our veterans and we are committed to helping empower our next great generation,” says Dan Borasch, market president for JPMorgan Chase in the Greater Tampa Bay area. “Through this grant, we will help build on their great leadership skills and talent to create an even stronger workforce for our local economy.”
Three years ago, JPMorgan Chase launched a comprehensive military and veterans program focused on employment, housing and education – with the emphasis on supporting servicemembers’ reintegration into civilian life. This new grant program selected schools around the nation that can have the highest potential level of impact on student veterans by developing, advancing and increasing capacity of programs in our three focus areas: orientation and bridge programs, student services, and classroom experience.
“We couldn’t be more pleased with the incredible generosity of JPMorgan Chase,” said Joel Momberg, CEO of the USF Foundation. “This grant gives us the opportunity to give back in more ways to veterans who have already given so much for our country.”
Students like graduating student veteran Christian Quintero, who enrolled in a class on vet success, are a testament to the effectiveness of USF’s veterans’ programs. “The class taught me how to effectively become a student,” said Quintero. “It set a foundation and changed my way of thinking. I truly believe if I hadn’t taken that class, I wouldn’t have been as successful as I have been.”
“We are grateful to JPMorgan Chase for this gift which will allow us to do even more great things for our student veterans,” said Larry Braue, director of the USF Office of Veterans Services. “USF is committed to supporting these veterans who have done so much for our country as they transition to college and the private sector.”
To learn more about JPMorgan Chase's commitment to veterans, click here.
To learn more about USF's Office of Student Veterans, click here.
To Support USF Student Veterans, click here.