Scholarships are an important lifeline for many students because, unlike loans, these funds do not have to be repaid.
Establishing a Scholarship
Scholarships are typically short-term commitments by the donor – usually for an academic year, with the full amount of the scholarship awarded each year.
The minimum funding level for establishing a named annual scholarship is $1,500 per year, with a three-year commitment.
The minimum funding level for establishing a named annual scholarship is $1,500 per year, with a three-year commitment.
An endowment is perhaps the most enduring gift a donor can make since it is a permanent fund that will exist in perpetuity. Since only the distributions from the endowment’s corpus may be expended, the endowment will be a part of UTSA forever.
Annually, endowments at UTSA generate these awards:
Annually, endowments at UTSA generate these awards:
- $ 25,000 investment generates approximately $1,125 in scholarship support
- $ 50,000 investment generates approximately $2,250 in scholarship support
- $100,000 investment generates approximately $4,500 in scholarship support
A giving strategy that may appeal to you is starting an annual scholarship today while simultaneously creating a lasting legacy through an endowed scholarship. You can fulfill your charitable goals now with an annual scholarship and make an impact in the future by naming UTSA in your estate plans. This is as easy as a beneficiary designation or bequest. You can provide for your family and support the causes that matter to you today, while leaving a lasting legacy for tomorrow. UTSA can help you plan today and provide for tomorrow.
