Refel Rushing, an Italian resident and Texas State University alumnus, recently established a matching entrepreneurship scholarship fund with TSU’s McCoy College of Business Foundation. The Refel Rushing Entrepreneurship Scholarship, with funds totaling $ 100,000, will provide scholarships to South Texas students attending Texas State University.
âThe McCoy College of Business Foundation at Texas State University is proud to partner with alumnus Refel Rushing to create the Refel Rushing Entrepreneurship Fellowship. This scholarship will benefit prospective business students who are interested in entrepreneurship and honors Mr. Rushing’s long-standing commitment to his own entrepreneurial endeavors, âsaid Kent Hamilton, Executive Director of the McCoy College of Business Foundation. âFor generations to come, students at McCoy College will benefit from Mr. Rushing’s sincere generosity and feel the impact this scholarship will have on their academic careers.
Rushing, who grew up in South Texas, has been a proud member of the Texas State Alumni Association since receiving his MBA from San Marcos University in 1972. He has long advocated the award of financial assistance in the form of student loans and scholarships. to all students who need financial assistance, either to access post-secondary studies or to continue their studies in order to complete their studies.
A financial innovator, Rushing has distinguished himself for his contribution to the financing of student loans in Texas and the United States. He was President and CEO of LoanSTAR Funding Group, Inc., based in Bryan, Texas, for over 30 years. Rushing also played a pivotal role in the formation of the Greater Texas Foundation, a public charity dedicated to improving access to post-secondary education for all Texas students and which has awarded more than $ 104 million dollars in grants since its inception. Rushing served as the organization’s director for several years after its inception and continues to chair the foundation board.
Both at GTF and in Rushing’s personal philanthropic work within academia, he has focused on helping students from underserved and socio-economically disadvantaged communities.
âThese students represent the largest segment of the population of Texas and will be the future business leaders and educators of tomorrow,â said Rushing. âTo take on these important roles, they need to be prepared with training and education. In today’s world, it is and will be so important for a student to have credentials from a trades and vocational institution, an associate’s degree from a community college, or a degree from a community college. ‘college or university.
Rushing’s keen awareness of the importance of relevant credentials and degrees partly led to his funding of the Refel Rushing Entrepreneurship Fellowship. “I hope that these scholarship funds will help deserving students to obtain degrees and diplomas which, in turn, will help to better secure entrepreneurial choices, employment and career opportunities and educational aspirations. – which will hopefully ultimately lead to a richer and higher world. quality of life.”
Rushing is a recipient of the Distinguished Alumni Award from Texas State University and is an advisor to TSU McCoy College of Business. Rushing lives on his ranch in north central Texas, where he raises cattle and pursues many interests, including songwriting. For more information on Rushing, visit sites.google.com/view/shadowrranch.