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TRUMAN STATE UNIVERSITY (printable header) TRUMAN STATE UNIVERSITY
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ALUMNI & FRIENDS
 

View samples of criteria for existing scholarships
Contribute to existing scholarship
Scholarship Applications for Students
FAQs About
Establishing Scholarships
 

Give to an Existing Scholarship
You may find that a scholarship has already been established for your favorite professor, friend, or family member or one that matches your interests. To view a list of the existing scholarships, CLICK HERE

 

Guidelines for Establishing a Scholarship

 

Creating a named scholarship through the Truman State University Foundation is one way you can assist students and leave a legacy to Truman State University. It's also a very meaningful way to honor family and friends.
 

 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.

 Step 2:

Establish Scholarship Criteria

 

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

¢ Samples of Scholarship Criteria
To
view a list of our existing scholarships where you can click on an individual scholarship to see its criteria, CLICK HERE

 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 Truman State 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 or planned gifts are an easy way to establish a scholarship without affecting your current income or assets.
Read more about gift planning


Frequently Asked Questions

  • How are Truman State University Foundation scholarships named?

    The major benefactor of a scholarship establishes the scholarship name. You can establish a scholarship in your own name or choose to name it for a friend, family member, organization or a favorite faculty member.

  • How is the selection criteria established for the scholarship I am establishing?

    You can aid in establishing the scholarship criteria by expressing your intentions for the award. The Truman State University Foundation will draft the scholarship criteria according to your specifications and present it to you for your approval.
     

  • How are Truman State University Foundation scholarships awarded?

    Foundation scholarships for current students are advertised on the Truman website and applications are collected online. Typically, a selection committee carefully reviews each application and selects the most deserving recipient(s) based on the established criteria.

    Foundation scholarships available to incoming freshmen are awarded by the Admission Office. For more information on these scholarships visit the Admission web site.
     

  • 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 contact:
Becky Pike, Manager of Foundation Scholarships, Office of Advancement, McClain Hall 205, 100 E. Normal Ave., Kirksville, Mo. 63501-4221; Telephone: (800) 452-6678 or (660) 785-4133; Fax (660) 785-7519; bpike@truman.edu.