Endowed scholarships are funded by individuals, families, foundations, or other organizations through a minimum gift of $20,000. Endowed scholarships may be set up for a specific purpose, and may be named to memorialize or honor an individual, family, or organization.
Endowed scholarships are awarded from the earnings and investment income from the initial principal gift, allowing the endowment to continue in perpetuity. Additional funds may also be added to the endowed scholarship at any time. Endowment funds are invested by the university’s Investment Committee based on recommendations of the Board of Trustees and financial advisors.