Rockport Mortgage Awards $50,000 in Scholarships to Support College Aspirations of Greater Boston Students

7/13/20

In partnership with GBREB and uAspire, 40 high school graduates named Rockport Mortgage Scholars

A $50,000 donation by Rockport Mortgage Corporation will fund scholarships for approximately 40 Boston area students attending college this fall.

On Thursday, June 4th, Rockport Mortgage’s Managing Partner and President Dan Lyons was set to be recognized by the Greater Boston Real Estate Board (GBREB) and uAspire, a leading national provider of financial aid advising, as the recipient of the 2020 GBREB Humanitarian Award. The event would also honor Lieutenant Governor of Massachusetts Karyn Polito as the recipient of uAspire’s First One Award.

Although the event, GBREB Foundation’s largest fundraiser of the year, was postponed due to the pandemic, Rockport Mortgage donated $50,000 to provide Boston area students with needed additional financial support to attend college. “The pandemic may have cancelled our celebration, but not our purpose,” Lyons said.

In 2015, GBREB and uAspire partnered to raise one million dollars for Boston students by 2018. After more than doubling that goal, Mayor Martin Walsh challenged them to raise another million in only three years, a goal which is currently underway.

Lyons and Rockport Mortgage are widely recognized for philanthropy in the real estate world and beyond, particularly when it comes to supporting youth and family organizations. “There has been no other personal donor since the inception of this scholarship that has put as much compassion and care into the lives of young people as Dan Lyons,” said Greg Vasil, President and CEO of GBREB. “We are truly grateful to have such a dedicated partner.”

This year, the GBREB Scholarship program will give approximately 40 students “last dollar scholarships” which provide up to $5,000 per student and are designed to supplement their financial aid packages without affecting them. uAspire Manager of Individual Giving and Events Erika Del Rosario says recipients were notified of their awards at the end of June.

The Class of 2020 scholarship recipients will be known as Rockport Mortgage Scholars in honor of the company’s donation.

About Rockport Mortgage Corporation

Consistently ranked as one of the top FHA multi-family lenders in the country, Rockport Mortgage is a privately held commercial banking firm located on the North Shore of Boston. Founded in 1992, Rockport Mortgage specializes in providing FHA-insured loans to market-rate, affordable and senior multi-family properties as well as assisted living and healthcare facilities. The Rockport Mortgage team works collectively to navigate the complexities of FHA/HUD-insured financing programs, developing strategic solutions to meet the diverse needs of its clients. For more information, visit www.rockportmortgage.com.