University of Michigan’s LEAD Scholarship Program

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University of Michigan

In his role as hedge fund analyst for Newbrook Capital Advisors in New York, Ryan Hoadley works in several market sectors, including chemicals, automotive, and retail. A graduate with honors from the University of Michigan at Ann Arbor, Ryan Hoadley is an active member of the school’s alumni association.

The Association sponsors an extensive scholarship program for incoming and current students, known as LEAD: leadership, excellence, achievement, and diversity. These four-year merit awards are intended to attract students from under-represented groups, and create a learning atmosphere that includes persons from diverse backgrounds. Some 125 students from the Ann Arbor, Dearborn, and Flint campuses currently have LEAD scholarships.

The scholarships total $5,000, and is renewable for four years. Eligible incoming freshmen must have a high school GPA of at least 3.5, and SAT scores of 1220 or higher, or ACT scores of 27 or greater. However, students who do not meet these criteria may still be considered. Each applicant must add to campus diversity by virtue of gender, race, or ethnicity.

LEAD students also qualify for peer mentoring upon enrollment. Upper-class students volunteer their time to provide academic guidance and social support. Many LEAD mentees go on to become mentors themselves.