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Scholarships

HOW TO GIVE THROUGH SCHOLARSHIPS



Step 1:
Determine Type of Scholarship Fund

The first step is to determine whether you would like to establish an "endowed"  scholarship or an "annual" scholarship:

Endowed Scholarships
Endowed scholarship funds are designed to be permanent and perpetual and can be created with gifts totaling a minimum
amount of $15,000, contributed in full at the outset or with an initial commitment that is added to over time until the endowment
level of $15,000 is attained. The principal of the fund is invested to produce income, and an annual award is made to a
student/s. The principal remains untouched, so the endowment can last into perpetuity.

Annual Scholarships
Annual scholarships can be established with an outright gift of $1,000. 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 above, an annual scholarship is not a permanent fund and is awarded only as long you (or others) choose to
contribute to the fund.

Type of Scholarship Fund

Step 2:

Establish Scholarship Criteria

As a scholarship donor, you choose the name of the scholarship as well as the criteria. The Office of Alumni Relations is
available to help you create the criteria for your scholarship. Endowed and annual scholarships at Texas Southern are awarded
to deserving students based upon area of interest, geographical origin, leadership potential, merit, financial need, academic
achievement and/or other criteria. The Texas Southern University Foundation must agree to any special award conditions
established by the donor.

Step 3:
Administration of Scholarship Funds

Typically, a selection committee carefully reviews the scholarship applications submitted by students and selects the most
deserving recipient(s) based on the donor-established criteria.

Major contributors of a scholarship fund are notified annually when the scholarship recipient(s) has been selected and are
informed of the name and hometown of the recipient, as well as the amount of the award. Recipients often write a thank-you
note to the donor, and in some cases, the recipient and donor are able to meet.

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 Texas Southern University. In the case of appreciated securities, you may also avoid capital gains taxes.

You can also provide for your scholarship in your estate plans. Estate gifts are an easy way to establish a scholarship without
affecting your current income or assets.
 

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