CONTACT: SCOTT HAUSER
100 Old Public Library
Iowa City IA 52242
(319) 384-0007; fax (319) 384-0024
UI business professor donates teaching award for K-12 teacher scholarships
IOWA CITY, Iowa -- An associate professor of finance at the University
of Iowa who is being rewarded for his excellence as a teacher in the classroom
is helping boost the careers of future K-12 teachers by donating his $2,000
Collegiate Teaching Award to the UI Foundation for one-time scholarships
in the College of Education.
Thomas A. Rietz, associate professor of finance in the UI College of
Business Administration, wants to honor his four grandparents, three of
whom taught in one-room country schools near Belmond, by giving four $500
awards to students planning careers as teachers.
The scholarships, which will be called the Educational Heritage Awards,
will be given in honor of Karl and Margaret Rietz and Edna and the late
R.E. Lee Aldrich Jr. Karl and Margaret Rietz and Edna Aldrich now live in
Rietz has asked that first-generation college students be given preference
for the awards.
"I would like to help others realize the opportunities that my grandparents
either did not have or struggled hard to attain," Rietz says. "All
of my grandparents passed on a great respect for education that continues
in our family today."
Applications are currently being taken for the scholarships, which will
be presented during the College of Education's annual spring awards ceremony.
Application materials are due March 13.
Judith Hendershot, director of educational placement and external relations
for the College of Education, says the new awards will provide an incentive
to education students.
"We're delighted that Professor Rietz has chosen to set up these
awards for education students," Hendershot says. "We are particularly
pleased that someone who has been honored for his excellence in teaching
is taking the opportunity to recognize the importance of good teaching at
the K-12 level."
Rietz, a native of Cedar Falls, earned his doctorate in economics from
the UI in 1988. He joined the faculty in 1993 and was named associate professor
in 1996. He was named a recipient of a Collegiate Teaching Award during
the fall of 1997.
Rietz regularly teaches undergraduate and graduate finance courses. He's
also been active in the College of Business Administration's use of the
Iowa Communications Network (ICN) to deliver courses off-campus at different
sites in the state.
Of Rietz's grandparents, his paternal grandmother, Margaret Rietz, is
a first generation college graduate who taught elementary students throughout
her career. Her husband, Karl Rietz, did not attend college, but was supportive
of his wife's career as a teacher.
Rietz's maternal grandfather, R.E. Lee Aldrich Jr., attended college,
but had to leave early to work; his wife, Edna, did not attend college.
Both taught in a one-room school near their farm at various times during
Rietz says all of his grandparents worked hard to ensure that their children
and their grandchildren would have the opportunity to go to college.
"In some ways, we wanted to give something back in creating the
scholarships," Rietz says. "This is a nice way to honor my grandparents'
commitment to education."
Applications for the Educational Heritage Awards are available at the
UI Office of External Relations, N302 Lindquist Center, The University of
Iowa, Iowa City, Iowa 52242; phone: (319) 335-5353.