Endowed Student Scholarships
Creating an endowed scholarship at Vanguard University is a very special gift, one that will benefit our students and our College for years to come. And there is a huge need. Roughly 90% of Vanguard students receive scholarships and financial aid, thereby honoring our mission to make an educated marked by excellence and spiritual vitality available to every student who wants it, not just those who can afford it.
Your Gift Makes a Difference
Many students and their families have expressed how these privately funded scholarships have made a real difference. In many cases, a college education would have been impossible without scholarships.
In addition to financial need, scholarships are awarded based on academic merit and community service. Having these scholarships enhances Vanguard's ability to attract the most academically qualified students.
You Define the Award Criteria
As the donor, you define the award criteria for the scholarship that meets your goals. Your scholarship could be based on academic merit, financial need, academic major, career interest, Christian service, geographic area or other criteria important to you.
Some individuals have created endowed scholarships in their own names, and others have named the scholarships after family members, colleagues, or others they wish to honor. An endowed scholarship is an opportunity to create a lasting legacy for yourself or for someone who has played an important role in your life.
A scholarship becomes endowed and it is awarded when the principal reaches $25,000 or more. A gift to endow a scholarship can be made with a single gift or gifts made over time. Some people choose to make their gift by check, while for many giving appreciated stock offers the best way to make a larger gift and obtain significant tax savings as well. Others have established their scholarship, or have added to their scholarship, through their will or estate plan.
Endowed Scholarships are Prudently Invested
Contributions made by a donor for an endowed scholarship are prudently invested and managed by the College at Oneonta Foundation. Once the scholarship is endowed and can be awarded, a percent of the earnings are expended each year for the scholarship, while the principal is preserved and grows so that the scholarship will be awarded in perpetuity.
If you would like more information on creating an endowed scholarship or would like to contribute to an already existing scholarship, please contact:
Craig Young
Interim Vice President for University Advancement
cyoung@vanguard.edu
(714) 556-3610 ext. 2010
Contact Us for Information on Individual Endowed Scholarships in the Following Areas
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