New Endowed Scholarship Criteria

To impact USF students' lives to an even greater degree, new guidelines have been established for creating endowed scholarships. The guidelines do not affect established scholarships. The following will apply to endowed scholarships created after July 1:

  • New minimum funding standard of $25,000
  • New time period of 60 months to reach minimum

Although new endowed scholarships have a higher minimum, donors will have a longer time period to reach that minimum. Therefore, the new guidelines benefit both donors and students: the donor's wishes are fulfilled and paid on a less aggressive timeline, while students receive more financial aid.

Contact Executive Director of Development and Alumni Relations Jay Nussel at or 260-399-8031 for more information on establishing endowed scholarships to directly benefit students.