California State University, Northridge officials and the friends and family of the late Mike Mahony, a former member of the U.S. Marine Corps and a Cal State Northridge alumnus, have created a scholarship in his memory for Marine veterans interested in pursuing careers in business.
Mahony, who served with the Marines during the Vietnam War, died last year at age 64 from complications from cancer. Upon his death, his family created a scholarship endowment at Northridge as a tribute to his belief that his time with the U.S. Marine Corps and his education contributed to his success as a business leader.
A $2,500 scholarship is awarded each semester to an active-duty veteran of the Marine Corps who, in addition to his or her service to the country, has demonstrated exceptional academic, scholarly or other relevant personal achievements or community contributions. “We are really pleased to have a scholarship such as this focused on our students who have served in the military,” said William Jennings, dean of Cal State Northridge’s College of Business and Economics.
Jennings noted that the scholarship is particularly important given the fact that the U.S. Marine Corps has cut tuition assistance for its service members by 80 percent, reducing the maximum benefit from $4,500 a year to $875 a year.