Scholarships directly benefit the education of students at Armstrong like Kaitlen Fulp, a rehabilitation science graduate.
Establish a Scholarship
Scholarship support makes a critical difference to deserving students who could not otherwise fulfill their dreams of earning a college degree. The ability to offer competitive scholarships provides an investment in our students' futures as they prepare to become leaders, not only in the state, but throughout the world.
Establishing a scholarship or fellowship endowment ensures that an education at Armstrong Atlantic State University will be accessible to outstanding and deserving young people for generations. It's also a very meaningful way to honor family and friends.
Annual scholarships can be established with an outright gift. An annual commitment of $1,000 per year for four years is recommended, and the annual gift is awarded to recipients over the four-year period. Unlike an endowed scholarship described below, an annual scholarship is not a permanent fund and is awarded only as long as contributions are made to the fund.
Endowed scholarship funds are designed to be permanent and perpetual and can be created with gifts totaling a minimum amount of $10,000, contributed in full at the outset or with an initial commitment that is added to over time until the endowment level of $10,000 is attained. The principal of the fund is invested to produce income, and an annual award is made to a student. The principal remains untouched, so the endowment can last into perpetuity.
Frequently Asked Questions
What are the tax benefits of funding a scholarship?
An outright gift in the form of cash or appreciated securities will allow you to receive immediate tax benefits in the year you make the gift to Armstrong Atlantic State University.
You may also provide for your scholarship in your estate plans. Estate gifts or planned gifts are an easy way to establish a scholarship without affecting your current income or assets.
How are foundation scholarships named and how is the selection criteria established?
You can establish a scholarship in your own name or choose to name it for a friend, family member or a favorite faculty member. The foundation will draft the criteria according to your intentions of the scholarship and present it to you for your approval.
How are foundation scholarships awarded?
Foundation scholarships for current students are advertised on the Armstrong Atlantic State University website. A selection committee carefully reviews each application and selects the most deserving recipient(s).
Will I receive notification when a student is awarded the scholarship?
You will be notified annually when the scholarship recipient(s) has been selected. You will be informed of the name and hometown of the recipient, as well as the amount of the award and status of the fund.
For more information
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