TSTC Foundation Annual Report 2020 - 2021
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NORTH TEXAS<br />
Year in Review<br />
<strong>TSTC</strong> in North Texas<br />
The Red Oak<br />
Industrial<br />
The past year ushered in student need at a level unseen in <strong>TSTC</strong>’s<br />
recent history. Job loss, combined with the current health crisis,<br />
created a dire need for additional financial assistance at our Red<br />
Oak campus. Local organizations and industry allies worked with<br />
The <strong>TSTC</strong> <strong>Foundation</strong> to solve these urgent hardships.<br />
“I have no doubt that without the financial support of our partners,<br />
many students would have been unable to stay the course and<br />
remain in their programs of study,” said Marcus Balch, provost of<br />
<strong>TSTC</strong> in North Texas.<br />
The generosity of <strong>TSTC</strong> in North Texas’ community and industry<br />
partners was even more meaningful this past year. Relationships<br />
were built and expanded to provide opportunities for students to<br />
pay tuition, rent and utilities, and to buy laptops to work remotely.<br />
This helps enable students to become graduates and contribute to<br />
the regional economy.<br />
“It’s been very rewarding to see how these financial gifts impacted<br />
our students,” said Rusty Hicks, The <strong>TSTC</strong> <strong>Foundation</strong>’s corporate<br />
development officer. “Many students came back to campus in<br />
some type of financial stress, so being able to get scholarships<br />
most certainly helps get them over the hump. It was also<br />
incredibly rewarding to let our donors know how their money is<br />
being used to keep these young students in school and on a path<br />
to an exciting future.”<br />
This year, electric utility giant Oncor, which has hired many <strong>TSTC</strong><br />
graduates in the past, donated $15,000 for use at <strong>TSTC</strong>’s North<br />
Texas campus. Part of that gift is being used for scholarships<br />
for Industrial Systems students who are experiencing tough<br />
times due to the pandemic. The money is also being used for<br />
instructional equipment for the Industrial Systems program.<br />
The Red Oak Industrial Development Corp. made a commitment<br />
to give up to $36,000 in three years that will be used for<br />
scholarships for students living in the Red Oak city limits and<br />
attending the North Texas campus. The scholarship enables<br />
students of all ages to become vital members of Red Oak’s<br />
workforce upon graduation.<br />
AAON Inc. in Longview contributed $10,000 to be used for<br />
Heating, Ventilation and Air Conditioning Technology students at<br />
the North Texas campus. This gift was made possible by way of the<br />
Texas Air Conditioning Contractors Association.<br />
Development<br />
Corp. Scholarship<br />
available<br />
at <strong>TSTC</strong> will<br />
provide financial<br />
assistance to<br />
our students<br />
for attaining<br />
upward mobility<br />
and improve the<br />
quality of life for<br />
our students and<br />
403<br />
94<br />
99 $66,760<br />
their families.<br />
20 <strong>TSTC</strong>FOUNDATION.COM<br />
TOTAL NUMBER OF<br />
STUDENTS ENROLLED<br />
TOTAL NUMBER OF<br />
SCHOLARSHIPS AWARDED<br />
TOTAL NUMBER<br />
OF GRADUATES<br />
TOTAL AMOUNT OF<br />
SCHOLARSHIPS<br />
AWARDED<br />
Certified enrollment data displayed. Operational data displayed for number of graduates.<br />
LEE McCLEARY,<br />
ECONOMIC DEVELOPMENT DIRECTOR<br />
City of Red Oak