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Endowed Scholarships

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2011-2012

Even with relatively low tuition and other charges, the cost of a university education is often a financial burden and deterrent. Financial aid is necessary to provide students  who, without such aid, would be unable to attend. Students receive financial aid through scholarships, grants, and work-study opportunities. The purpose of an endowed scholarship is to provide a means of assisting qualified students in meeting their educational expenses. Endowed scholarships are made possible by individual donations.

You can support the education of our students through the creation of an endowed scholarship named in your honor, or in honor or memory of a friend or loved one. Endowed scholarships provide donors the opportunity to establish a timeless fund that directly supports our students with financial need. Endowed scholarships are permanent and grow in value each year. They provide a perpetual source of financial aid for students, as well as permanently honoring the person for whom the endowment is named.

An endowed scholarship is a permanently invested fund that provides an ongoing source of scholarship assistance to deserving students. The gift is invested to achieve returns that provide for both current scholarship assistance and longer term growth to protect against inflation.

Your gift of $500 will create an endowed scholarship fund. Once total gifts to that fund have exceeded $10,000, the University will activate the scholarship and begin issuing scholarship awards to students annually. Your scholarship gift can be designated for general purposes (e.g., awarded to “a deserving student”), on the basis of need, or to support a particular characteristic or specific interest such as:

  • A specific major or career field;

  • A personality trait, e.g., leadership;

  • A geographic region, e.g., students from a donor’s hometown;

  • A specific congregation, e.g., students from a donor’s home congregation; or

  • Any other specification the donor chooses to make.

Click here to begin online gift process.

For more information or to set up an Endowed Scholarship, please contact Scott Winnail, at 704-844-1966 or by email to swinnail@lcg.org.


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