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 There
are two types of donor-funded scholarships at Dakota Wesleyan University,
annual scholarships and endowed scholarships.
Annual scholarships are established
and named with gifts of $1,000 or more annually for at least 5 years. Annual scholarship gifts
are due by August 31 of each year.
Endowed scholarships are established
and named through an outright gift of $20,000 or more over a maximum five-year
period. The original gift is permanently invested, and 5 percent interest
is awarded as a scholarship annually. While approaching the $20,000 level,
interest earnings are added to the fund. Endowed scholarships can also
be established or added to through an estate gift. The scholarship is awarded one year after the scholarship is fully funded.
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Reasons
to establish a scholarship
- Memorialize
a loved one
Preserve your loved one’s name and memory through a scholarship.
- Leave a legacy where you have a passion
You can designate the scholarship for a specific major or cocurricular
activity based on your interests.
- Honor someone who invested in someone else
Perhaps you had a favorite faculty member you’d like to honor
or another person who had an impact on your life.
- Connect with a student
See first hand how your dollars affect other lives.
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How
to establish a scholarship
- Start
by calling Institutional Advancement at 605-995-2603 or e-mail scholarships@dwu.edu for more information.
- The staff will discuss the various options with you and how your goals
and objectives best fit within the scholarship program.
- We will send you a form to complete and sign indicating the name and
criteria of the scholarship.
- You make the scholarship gift.
- The scholarship is awarded.
- For endowed scholarships, an annual report is sent to you indicating
the earnings and award amount of the scholarship.
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Why
donor-funded scholarships are necessary
- DWU student population: Approximately 40 percent are first generation
- The highest percentage of Pell-eligible students (those least able
to afford college)
among South Dakota colleges
- 20 percent have zero family contribution
- 16 percent are underrepresented groups (minorities)
- Average debt upon graduation: $30,000-$40,000
| Awarded in scholarships annually |
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$3,000,000 |
| Donor-funded scholarships |
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- $573,443 |
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| Needed to fill the
gap |
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$2,426,557 |
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Where
scholarships are needed
Athletics |
17 funded scholarships
for 318 student-athletes |
Nursing |
28 funded scholarships
for 149 students |
Business Administration |
31 funded scholarships
for 118 students |
Criminal Justice/Human
Services |
3 funded scholarships
for 62 students |
Biology/Chemistry |
7 funded scholarships
for 40 students |
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Testimonials
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Laura Guericke
YEAR: Class of 2009
MAJOR: Pre-physical Therapy
HOMETOWN: White Lake, S.D.
“I considered two other schools, but DWU felt like home.
I’m so grateful for my scholarships. With that support I don’t
have to worry about working all the time to pay the bills, and it
allows me time to get involved on campus. I can’t think of
a better investment that will give long-term returns than someone’s
education.” |
Ralph Roth Merit Scholarship for Business
Annual scholarship established by Marc ’90 and Lisa
Pekas ’90 Rentschler
“With Ralph’s sense of humor and ‘I care about
you’ attitude, he has taught and encouraged students to believe
in themselves and their abilities. Ralph is not only an educator;
he is a friend, mentor, giver and an inspiration. I will never forget
the man who took me under his wing and changed my life forever.
It is only right to honor him in this way.” |
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