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The need for scholarships at Dakota Wesleyan University continues to grow.
As our student body grows, so does our need for scholarships. Currently
96.2 percent of DWU students receive some type of financial aid. Since
many of our students are first-generation college students, their families
often have greater need. The more donors who give named scholarships, the
less money the university has to pull from its unrestricted funds like the
Wesleyan Fund. That allows us to use Wesleyan Fund gifts for other
university needs.
Why people create or contribute to
scholarships:
- To thank the university for their education
- To honor a faculty member, parent or other person who helped them while
students
- To honor their class at their 25th class reunion, for example
Types of Scholarships
Dakota Wesleyan University offers two types of scholarships:
Endowed Scholarships
You can establish a named scholarship through an outright gift of $20,000
or more over a maximum five-year period or through a planned gift. The
original gift is permanently invested and only the interest income is used
for scholarships each year. Before reaching the $20,000 level, interest
earnings are added to the corpus of the fund to help it grow.
Annual Scholarships
With an annual gift of $1,000 or more you can establish a named annual
scholarship. These scholarships are awarded on the basis of contributions
received annually.
If you're interested in setting up a
scholarship, contact institutional advancement at 605-995-2603 or e-mail alumni@dwu.edu. Gifts for Annual Scholarships are due Aug. 31 of the
school year in which distribution will begin.
Scholarship Luncheon
Each spring, the institutional advancement office and the Randall scholars
host a Scholarship Luncheon. At the luncheon, scholarship donors and
recipients can meet, visit and get to know each other.
Scholarship Totals
Active (fully funded) annual and/or endowed: 295
Endowed in progress (started but not yet fully funded): 16
Endowed to be funded at a future time (i.e., through estate gift or
annuity): 16
Frequently Asked Questions
Can I use matching gifts for a scholarship?
Yes.
Can I give a scholarship for a particular
student?
No, when you set up a scholarship you can designate the criteria, but not
select the student.
Click
HERE for more information.
Dakota Wesleyan University
1200 W. University Ave
Mitchell, SD 57301
800-333-8506 |
