A named endowed scholarship is a permanent legacy of support for future generations of CBA students. An endowment may be established with a single outright gift, a gift fulfilled in installments over five years, or a deferred (estate) gift. Once the endowment is fully funded, a portion of its earnings each year provides for scholarship support, while the principal is retained in perpetuity for future growth.
MINIMUM ENDOWMENT $25,000
An endowment of $25,000 will provide an ongoing annual scholarship funded by the interest earned by the endowment. By electing to establish an endowment with unrestricted eligibility, a donor grants CBA the flexibility to award scholarship funding to deserving, qualified students as needed.
MINIMUM ENDOWMENT $50,000
With a scholarship funded at this level, donors who wish to do so may work with, the advancement office to structure the scholarship in accordance with their own philanthropic interests. Donors may choose, for example, whether to support a different student each year, or to support individual students through their four years at CBA. Eligibility criteria may include academic achievement, financial need, community service, or demographic characteristics.
MINIMUM ENDOWMENT $350,000
Donors who would like to name an endowed scholarship that covers the full tuition, books, and fees of an individual student may select this option. Donors who wish to do so may work with the advancement office to structure the scholarship in accordance with their own philanthropic interests. Donors may choose, for example, whether to support a different student each year, or to support individual students through their four years at CBA. Eligibility criteria may include academic achievement, financial need, community service, or demographic characteristics.
