SALISBURY — Rowan-Cabarrus Community College on Monday announced a series of new scholarships funded by endowment contributions.
The Rowan-Cabarrus Foundation has added 13 new scholarships starting with $375,000 in contributions. Ten of the scholarships were named through a donor event in April.
Eight of the scholarships are funded by contributions of $15,000, with the exception of the Daniel Hemric “Be the Change” Scholarship funded by a $25,000 donation and the Salisbury Woman’s Club Lillian C. Peeler Memorial Scholarship funded by a contribution of $50,000.
Endowment funds will be invested through the Foundation for the Carolinas. Sarah Devlin, RCCC’s chief governance, advancement and community relations officer, said the college expects to generate $850 to $1,000 each year for every $15,000 invested to support scholarships. .
“We make every investment count,” Devlin said. “When our donors make the decision to contribute to the Rowan-Cabarrus Foundation, this donation has a lasting impact. Each contribution changes a student’s life and, in turn, that student’s family and our community.
Devlin said these donations are exceptional for two reasons: The college was unable to hold its regular scholarship fundraising luncheon to generate donations due to the COVID-19 pandemic. and in a typical year there would normally only be two to three new endowments announced at each luncheon.
“This lunch covered the last two years, but you could still see between $45,000 and $60,000 a year,” Devlin said.
Devlin said the three scholarships that make up the remaining contributions will be announced at a later event.
Here are the 10 scholarships announced so far:
• The Ashley C. and Michael P. Fischer Scholarship: Natives of Cabarrus County, the Fischers are committed to supporting local students in their quest for educational and professional growth and created this endowment to expand access to opportunities and strengthen the local workforce. Ashley’s mother, Sue Cunningham, was an accounting trainer at RCCC for over 30 years. Michael is currently a board member of the Rowan-Cabarrus Foundation.
• Austin G. Beverly Memorial Endowed Scholarship: Beverly developed a passion for the medical field and formed strong friendships as a student in the Rowan-Cabarrus X-ray program. After his death in November 2019, his classmates created this scholarship to continue his legacy and provide hope and opportunity for future radiography students.
• The Daniel Hemric “Be the Change” Scholarship: NASCAR driver Daniel Hemric and his wife, Kenzie, created this scholarship to help one student each year pursuing a career in motorsport, welding or mechanical engineering.
• The Harold C. Earnhardt Memorial Endowed Scholarship: The Earnhardt family created this scholarship to honor his memory and ensure that deserving students can achieve their dreams through excellence in education. Earnhardt, a graduate of Duke University, served in the US Air Force and was part owner of Earnhardt Lumber and Trucking Company. He has always had a passion for education and served on the college’s foundation board.
• Salisbury Woman’s Club Lillian C. Peeler Memorial Scholarship: The Salisbury Woman’s Club, formed in 1923 by four federated book clubs, provided scholarships for girls to local institutions during its early years, in addition to sponsoring poetry lectures and music concerts. The club still exists today with the mission of uniting the women of Salisbury for the promotion of the intellectual, philanthropic, civic, cultural and social betterment of the community.
• The MR “Locke” and Cathy C. Floyd Endowed Scholarship: MR “Locke” Floyd, a retired US Airways aviator who also served in the United States Air Force, and Cathy Floyd, who held nursing faculty positions at the Medical University of South Carolina, Texas Woman’s University, the University of Memphis, and UNC Charlotte, believe that community college scholarships provide an excellent return on investment in people and the community.
• Maria Hall Emergency Assistance Endowed Scholarship: Hall was a Career Services Counselor at RCCC for many years and believed in second, third and fourth chances to help people do their best. This scholarship was created to carry on his legacy of compassion and caring.
• The Ray and Lois Paradowski Family Scholarship: Ray and Lois Paradowski moved to Salisbury in 1983 due to Ray’s job transfer to the National Starch and Chemical Company. Ray served as Chairman of the RCCC Board of Directors for many years, providing leadership in the construction and renovation of South Campus and the Cabarrus Business and Technology Center in Concord. This scholarship will provide financial support to students pursuing engineering-related fields of study.
• The Sonny Dale Haigler Memorial Scholarship: Haigler was a graduate of RCCC and received his Associate of Applied Science degree in Information Systems in 1999. Longtime employer Rodgers Builders established the scholarship in his memory .
• The Sue McCoy Cunningham Scholarship: Cunningham taught college accounting and business administration for over 30 years and told her family she would like to celebrate her retirement with a student scholarship in accounting rather than a trip or a party. She was twice named teacher of the year, served on campus committees, as an academic and club advisor, and as president of the RCCC faculty association.