endowed scholarships

Endowed scholarships are financial awards established through a fund made up of invested donations. The principal amount is invested to generate income, which is then used annually to provide scholarships to students. This setup ensures the scholarship can be awarded consistently over many years, often in perpetuity, while the original donation remains intact. Endowments help institutions support students financially, foster educational opportunities, and sustain programs long-term. They often recognize specific donors, purposes, or fields of study, and their funding stability makes them a reliable source of support for students.