The 2011 Legacy Banquet

Scholarship Funding Options Establishing a scholarship is such a personal way to make a difference in students’ lives. So often God uses the generosity of donors to demonstrate His faithful provision for students and their families. Every scholarship recipient has a story to share about receiving needed assistance at just the right time. While students benefit from support at all levels, we recommend establishing awards that provide a minimum of $2,500, or 10 percent of a student’s expenses for tuition, room, board, and fees. Below are the three most common funding options: Annually Funded Scholarships With an annual investment of $2,500 or more the University awards a scholarship to students according to criteria established by the donor. Endowed Scholarships Cedarville invests your gift and uses investment earnings to fund scholarships. An investment of $25,000 or more generates enough interest to award a significant scholarship without invading the principal. The endowment creates a perpetual income stream, making the scholarship permanent. General Scholarship Fund Gifts under $2,500 can benefit scholarships through The Cedarville Fund. The general scholarship fund provides assistance to recruit and retain academically talented students with exceptional need.