Giving the Gift of a Lifetime...
Endowed Scholarships may be named after a family, an individual, a business, or an academic program. Although often used to memorialize an individual, scholarships can be established to celebrate the life or achievements of an individual or to foster the ideas of an organization.
An endowed scholarship is an established fund that, when invested, generates an annual scholarship award from the interest income. This is a permanent scholarship and the donor may name the scholarship as well as set limited criteria for eligibility. Following are examples of endowment amounts and the annual award which would be generated from the fund.
Students cost for tuition, fees, and books for one year is approximately $1,700.00.
Howard College Endowed Scholarships