RMI Matching Fund

The Maguire Foundation made a generous gift to Gallaudet University to establish the Maguire RMI Scholars Program, a scholarship endowment fund. We are seeking $625,000 in matching gifts and pledges over the next five years to expand the fund to $1.25 million. 

 

The Maguire Academy of Risk Management and Insurance Program at Gallaudet, established in 2015, is one of the leading programs of its kind in the world. It is the only program that offers a rigorous curriculum that prepares Deaf and hard-of-hearing students for careers in risk management, insurance, and related fields. Since the inception of the program, over 200 students have enrolled, and about 46 students have graduated. RMI students are encouraged to participate in community organizations, attend Lunch and Learn sessions with various insurance professionals, and attend local networking events. 

Research has shown that over the past decade, more Deaf people are completing college degrees and getting jobs, but not at the same rate as hearing people. There is still a high demand for jobs in the RMI sector and a growing focus on analytics and data mining. It is Gallaudet and the Maguire Foundation’s vision to ensure young Deaf and hard-of-hearing students are exposed first-hand to the insurance business and become poised to be the best candidates to seize those new job opportunities. 
 
The cost of attending college continues to rise, making it difficult for many students to afford a degree. This is especially true for Deaf and hard-of-hearing students interested in pursuing a career in risk management and insurance. Currently, 90% of our undergraduate students receive some type of financial aid, and about 70% of our students come from families with incomes of less than $50,000 a year. 

The Maguire RMI Scholars Program will provide financial assistance to juniors and senior students pursuing a risk management and insurance degree. Scholarships are awarded to students who demonstrate academic excellence, financial need, and a commitment to a risk management and insurance career. Benefits include:

• Financial assistance to help cover the cost of tuition, fees, and other expenses 
• Recognition for academic excellence and a commitment to a career in risk management 
and insurance
• Networking opportunities with alumni and other professionals in the field 
• A competitive edge in the job market