{"id":847,"date":"2015-04-14T14:12:38","date_gmt":"2015-04-14T14:12:38","guid":{"rendered":"http:\/\/aig.alumni.virginia.edu\/aapaan\/?page_id=847"},"modified":"2023-11-27T16:04:33","modified_gmt":"2023-11-27T21:04:33","slug":"capital-campaign","status":"publish","type":"page","link":"https:\/\/aig.uvaalumni.org\/aapaan\/support-aapaan\/capital-campaign\/","title":{"rendered":"Capital Campaign"},"content":{"rendered":"

Donate Online<\/a><\/p>\n

The Need: Affordable Higher Education<\/h2>\n

In today\u2019s global economy, obtaining an undergraduate degree is more important than ever \u2013 it teaches you critical thinking and writing skills, makes you more competitive in the job market, and gives you a richer world understanding.\u00a0 An undergraduate degree is a key factor in helping to alleviate long term social inequality and wealth disparities.\u00a0 Public opinion polls support this thesis \u2013 \u201cmore than 7 in 10 Americans say it is very important to have a certificate or degree beyond high school\u201d and \u201c2\/3s of Americans say that higher education is very important [in] getting a good job and improving earning potential.\u201d<\/p>\n

Yet, one of the biggest barriers in obtaining an undergraduate degree is cost.\u00a0 Seventy-four percent of Americans believe that \u201chigher education is not affordable for everyone who needs it\u201d\u00a0 and one article has illustrated the dramatic impact \u2013 from 1985 until 2013, the cost of higher education has exploded more than 500%, compared with an increase of 285% for medical costs and a 121% increase in the consumer price index.<\/p>\n

UVA has not been immune to these changes. In 1999, the tuition for an in-state and out-of-state student was $4,130 and $16,603 respectively.\u00a0\u00a0 In 2014, it was $14,809 and $43,170, an increase of 350% and 260% respectively.\u00a0\u00a0 And, the numbers previously mentioned paint only a portion of the picture because the true price tag of obtaining an\u00a0 undergraduate degree is what\u2019s called the \u201ccost of attendance\u201d or COA.\u00a0 The COA includes tuition, fees, housing, and living expenses.\u00a0 In 2014, the total COA for an in-state and out-of-state student at UVA was $27,092 and $56,558, respectively.\u00a0 For many low-income and middle-class American families, the cost of an undergraduate education is increasingly becoming unattainable.<\/p>\n

The Need for A\/APA Students<\/h2>\n

It\u2019s well known that Asian and Asian Pacific Americans (A\/APA) are the highest-income, best-educated, and fastest-growing racial group in the United States.\u00a0\u00a0 However, it is important to understand that the A\/APA community is not homogenous and includes a diverse group of citizens from numerous countries – many of whom are in need of assistance and cannot afford higher education.<\/p>\n

In the fall of 2013, 48% of A\/APA students received financial aid.\u00a0 Upon graduation, the average amount of debt for A\/APA students was almost $17,000.\u00a0 The Asian and Asian Pacific American Alumni Network (AAPAAN) believes that students who have the academic drive and have demonstrated a strong commitment to the A\/APA community should always be able to receive a high-quality education without the worry of having to take on a second job, taking on the burden of thousands of dollars in student debt, or enduring the possibility of their parents\u2019 mortgaging their homes or dipping into their retirement savings to fund their education.<\/p>\n

The Solution: AAPAAN\u2019s Academic Scholarship<\/h2>\n

AAPAAN is the largest ethnic-based alumni group at UVA, representing more than 15,000 A\/APA alumni.<\/p>\n

AAPAAN\u2019s mission is three-fold:<\/p>\n

    \n
  1. To provide A\/APA alumni with a network that promotes personal and professional growth;<\/li>\n
  2. To give a give a greater voice to the A\/APA community at UVA and beyond; and<\/li>\n
  3. To endow a substantial and sustainable scholarship program for UVA students.<\/li>\n<\/ol>\n

    Donate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    Donate Online The Need: Affordable Higher Education In today\u2019s global economy, obtaining an undergraduate degree is more important than ever \u2013 it teaches you critical thinking and writing skills, makes you more competitive in the job market, and gives you a richer world understanding.\u00a0 An undergraduate degree is a key factor in helping to alleviate […]<\/p>\n","protected":false},"author":95,"featured_media":0,"parent":181,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-847","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nCapital Campaign - Asian and Asian Pacific American Alumni Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aig.uvaalumni.org\/aapaan\/support-aapaan\/capital-campaign\/\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/aapaan\\\/support-aapaan\\\/capital-campaign\\\/\",\"url\":\"https:\\\/\\\/aig.uvaalumni.org\\\/aapaan\\\/support-aapaan\\\/capital-campaign\\\/\",\"name\":\"Capital Campaign - 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