Endowed scholarship funds may be named in recognition of the donor(s) to honor their commitment to CCSU or to pay tribute to an individual or organization important to them. Donors may restrict endowed scholarships to specific areas of study or to benefit a distinct student population. Donor-defined scholarship may focus on an individual college or school, department or major field of study. Endowed funds may also include restrictions based on ethnic heritage, geographic areas, high school attended, etc. Awards may be merit-based, need-based, or a combination of the two. Scholarship recipients must hold matriculated status at CCSU, but can be full- or part-time, first-year or continuing, undergraduate or graduate. Donors may also set restrictions on recipients’ grade point average and/or number of academic credits earned. Through this type of gift, donors can ensure the continuation of academic excellence and student recognition in areas that reflect their particular interests.
Endowed scholarship funds are invested with the assets of the Foundation. Disbursements are made according to the terms of the donation. Named endowment funds require a minimum donation of $25,000 and may be capitalized over a five-year period.