Endowed scholarships are established at the $25,000 gift level. The donor determines the parameters under which the scholarship is established and named. Donors may choose to leave their scholarships "unrestricted" in order to assure that all available funds can be matched to the broadest pool of eligible students. Some donors prefer to build academic, geographic, field of study, or need restrictions into their gift agreements.
After a review of the terms and conditions of the scholarship, the Financial Aid Office selects the best-qualified student and credits the recipient’s tuition account. Depending on the financial aid packages for qualifying students and the available earnings, the scholarship may be divided between two or more individuals.