Theme 5


Building the Financial Foundation

II. JUDICIOUS STEWARDSHIP

Act of Determination 3 -- Endowing Scholarships

Endowing scholarships is crucial in order to alleviate financial constraints on our student body and to free monies from the University operational budget for other purposes by reducing the tuition discount rate. During the next five years Arts & Sciences will aspire to raise $10 million in endowed scholarship funds that will provide approximately $500,000 in savings to the University on increased interest earnings.

Action Step:

  • The Dean will seek approval, upon successful completion of the Arts & Sciences $10 million fundraising campaign, to direct one-half of the interest earnings to Arts & Sciences for hiring new staff lines.