UConn receives $500,000 from Travelers to support housing stipends for UConn Hartford students
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The UConn Foundation today announced that it will receive $500,000 from Travelers spread over the next five years to help cover the cost of room and board for qualified UConn students at the new, 200-bed residence hall on Pratt Street in Hartford.
This marks a pivotal moment for the UConn Hartford campus, which will offer student housing for the first time when the apartment-style units open in fall 2026. The project involves transforming a former law office into a vibrant, residential community, part of the university’s broader strategy to elevate student education and experiences.
“Thanks to this generous gift from Travelers, more students will have access to our new residence hall, which will have a transformative impact on their education and lives,” says Mark Overmyer-Velázquez, campus dean and chief administrative officer at UConn Hartford. “The residence hall will serve as a catalyst for learning as well as connecting students to the rich historical, cultural, political, and business resources of our capital city.”
In a 2023 survey, about 70 percent of UConn Hartford undergraduates expressed interest in nearby student housing. Many students noted that affordability is crucial, given that most currently reside with parents.
The new housing initiative aligns with UConn’s vision, alongside state and local leaders, to establish Hartford as a “college town” where students play an integral role in the city’s cultural landscape.
“Our relationship with UConn spans decades, and we are proud to be a part of the university’s efforts in expanding its presence in downtown Hartford,” says Andy Bessette, executive vice president and chief administrative officer for Travelers. “UConn’s dedication to excellence in education is why it was one of our inaugural partners when we started our school-to-career pipeline program, Travelers EDGE, 17 years ago. Together, we are helping to build a brighter future for our city and state.”
Travelers EDGE, a program that aims to give students increased access to higher education and career preparation, has supported 133 UConn scholars since its inception, with 93 interning at Travelers and 35 graduates accepting full-time jobs at the company.
“We are thrilled that Travelers is making this transformational investment in UConn, our students, and the city of Hartford through this $500,000 donation,” says Nathan Fuerst, UConn’s vice president for student life and enrollment.
“This visionary gift ensures the success of UConn’s expanded footprint in Hartford and helps alleviate the financial barriers facing many students who choose to live downtown. It also brings more scholars to downtown, where many will stay and establish deep roots,” Fuerst says.
The new residence hall is one of many initiatives UConn has underway to deepen its ties with the capital city. The University recently opened its new Community Intersections & Innovation Space for research and academic use near the XL Center and is opening a café for students next fall in the Hartford Times main campus building.
The UConn Foundation also recently launched the Hartford Residential Scholars Enhancement Fund to raise additional funds to support qualifying UConn Hartford students.
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