Students majoring in business and economics at the University of Hawaiʻi at Hilo can now pursue a new scholarship at the university thanks to an endowment bestowed to the university by a family of local business leaders. The Robert M. and Alice K. Fujimoto Foundation established the $35,000 endowment fund last fall to support students pursuing a degree at the UH Hilo College of Business and Economics. An additional gift of $5,000 was given to make awards immediately available to students this year.
“On behalf of UH Hilo, we are deeply honored and proud to be the recipient of Bobby Fujimoto’s generous contribution to establish this scholarship fund,” says UH Hilo Chancellor Don Straney. “His gift will inspire and motivate students to reach their highest level of achievement while applying their learning to the real world of business before they graduate with their degree.”
Each semester, the endowment will fund a scholarship of $500 to several students enrolled in one of the college’s degree programs who have been accepted into an internship program. The funds can be used for costs associated with attendance such as tuition, books and fees.
HPM Building Supply, a longtime local business run by generations of the Fujimoto family, has been a strong supporter of internship programs for many years. “The company’s management believes applied learning is an important part of a student’s education,” explains Martin. “Support from the Fujimoto family demonstrates how the community can support our efforts to provide a quality business education.”
Three Fujimoto Scholars—William Lewis, Rissa Domingo and Julia Jaitt—were honored at a recent scholarship inauguration ceremony held at the college.
“The Fujimoto Family Scholarship is a game-changer for our students,” says Drew Martin, dean of the college. He notes a student he met recently who is taking the term off from school because he is $300 short for expenses. “Our students walk a fine line between working enough to pay for their educations and finding enough time to study.”
For additional information on the benefactors and the scholarship inauguration ceremony read the full article on the UH Hilo Stories website.