FAQs About Creating or Giving to Student Scholarship Funds
Q: I would like to support students with specific interests or needs. May I do that?
A: You may determine the criteria for recipients of your gift. (Please read on.)
Q: I note that Southwestern already has many named scholarship funds,
and some of them benefit the students I am interested in supporting. May I
contribute through those?
A: Yes, you may add your gift to any of the existing endowments, or you may specify that it is to be dispensed all at one time.
Q: What is the difference?
A: When you add to the endowment, your gift continues in perpetuity, with only the interest distributed each year. If it is dispensed in its entirety, then it offers a one-time benefit.
Q: How do I endow and name a scholarship or fellowship program in my own name, or to honor another?
A: You may endow a fund at Southwestern in your name or another's with a gift of $10,000 or more that can be paid all at once or in incremental payments. However, Southwestern will not begin distributing the interest until the fund holds a minimum of $10,000.
Q: If I endow and name a scholarship or fellowship program, will I know who the beneficiary is each year?
A: Yes, you will receive information about the student recipient(s).