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Educational Foundation - Establish Scholarship

scholars

How to Establish a Scholarship

One of the primary objectives of the Germanna Community College Educational Foundation is to provide and administer scholarship support. You can make a difference by joining in this ambitious effort. Your generosity will improve access to higher education throughout the communities we serve.

Scholarship Endowments

Named scholarship endowments may be created with a gift of at least $15,000, which may be paid over three to five years. The amount of the scholarship awarded from the endowment income will vary from time to time depending on the amount of the gift, the investment rate of return, and tuition costs

Non-endowed Scholarships

Non-endowed scholarships may be created with a gift of at least $500. Non-endowed named scholarships are disbursed in one or more installments and are not retained as permanent endowed funds. Scholarships are awarded in the amount and at time determined by the Foundation Board in cooperation with the Foundation office staff and the College Scholarship Committee.