Providing capable students with access to ΘνΓΓΙηβs life-changing education and experience, regardless of their financial circumstances, is an essential part of our Jesuit identity.
A degree from ΘνΓΓΙη opens doors and changes lives.
Itβs also expensive. Scholarships bring all the benefits of a ΘνΓΓΙη education within reach. In a marketplace as competitive as higher education, they also help us attract the best students to our campus, elevating ΘνΓΓΙη's reputation and creating an ever strong community of graduates. Todayβs students are tomorrowβs leaders and innovators. An investment in them is an investment in our shared future.
We are committed to making ΘνΓΓΙη a possibility for as many students as we can. Supporting scholarships has an immediate and profound impact on ΘνΓΓΙη students, creating opportunities, lowering debt loads and bringing all the benefits of a degree from ΘνΓΓΙη within reach. Each year, about 90% of students at ΘνΓΓΙη receive financial aid, giving students access to life-changing education and experiences.
Itβs truly been a blessing to not really have to pay too much to go to school and to leave ΘνΓΓΙη nearly debt-free. For the type of premier institution that we are and the offerings that Iβve been blessed with, I just canβt think of any other situation where I would have been supported so greatly and left with such a great education without paying so much more.β β Aric Hamilton (A&S '23)
Creating a Named Scholarship
Named scholarships are funds supporting ΘνΓΓΙη students and honor the donor or a person of their choosing. Named scholarships primarily assist students by reducing their tuition costs. Scholarships can be created to cover additional educational expenses, including books, fees, study abroad and on-campus housing.
As long as the minimum gift commitment to create a scholarship is met, anyone can create a named scholarship, including current and past faculty or staff, parents, alumni, companies/corporate partners and organizations.
FAQ
The minimum gift commitment to establish a new named endowed scholarship at ΘνΓΓΙη supporting undergraduate students is $50,000. For graduate/professional programs, the minimum commitment is $100,000.
The minimum commitment to create a new named term scholarship at ΘνΓΓΙη supporting undergraduate students is $10,000. The commitment to support a graduate/professional program is $25,000.
Named endowed scholarships exist in perpetuity and grow through the Universityβs endowment. Each year, ΘνΓΓΙη uses the income from the endowment to support deserving students based on the criteria set by the founding donor. Endowed scholarships have the most flexibility to be customized based on the donorβs wishes. They can be restricted based on school/college, major, geographic region, academic merit, financial need or a combination of those listed.
Term scholarships are awarded based on the fund's balance and how much is contributed by the donor each year. Term scholarships have less flexibility to customize the recipient criteria and are typically limited to a school/college the donor wishes to support and financial need.
Endowed scholarships become available to be awarded during the fiscal year that follows their establishment. The gift, however, will be entered into the Universityβs records immediately, and its value will be tracked separately. Income available for spending, in accordance with the endowmentβs stated purpose, is calculated based on a spending rate approved annually by the Universityβs Board of Trustees.
Term scholarships operate on a positive balance basis and are awardable based on the available balance at the time of award within the Universityβs standard cycle of operation. Term scholarships are distributed within the Universityβs annual award cycle.
Regional Scholarships
Many ΘνΓΓΙη alumni clubs fund scholarships for undergraduate students, supporting the next generation of Billikens and fostering connections in their local communities. Regional scholarships are granted to students who best display a dedication to the mission of ΘνΓΓΙη and live in the alumni clubβs region.
Learn More
Have additional questions about supporting or establishing a scholarship at ΘνΓΓΙη? Contact us at giving@slu.edu.