Tom DePasquale heard some students at the University of Virginia’s College at Wise were dropping out of school, not because of academic struggles or tuition costs, but for common financial stressors: car repairs, medical expenses, rising rent.
So, he established the Chancellor’s Fund for Success that students could tap to cover unexpected expenses and keep them in school.
“It’s a way to facilitate these emergency decisions that are so important, but generally need small dollars,” DePasquale, a UVA Board of Visitors member who serves on the board’s Committee on the University of Virginia’s College at Wise, said. “If you can get the issue out of the way and you can keep a student here at college, what a great deal. It is a wonderful investment.”
UVA Wise officials said the fund represents DePasquale’s “greatest impact” on the college, tucked into Virginia’s Southwest corner and home to fewer than 2,000 students. The campus, in the town of Wise, is about a five-hour drive from UVA’s Grounds in Charlottesville.

