Establish a Scholarship
Establishing a scholarship at Worcester State University is a powerful way to honor a family member, friend, or colleague and to support programs and causes that are dear to your heart. Scholarships can be tailored to benefit students who are majoring or minoring your field of study, who plan to enter your profession, who participate in student organizations and activities you believe in, or who have backgrounds, goals, or interests similar to your own.
Since the Worcester State Foundation began awarding undergraduate scholarships, the number of scholarships awarded annually has grown from 15 in 1998 to 256 in 2013—thanks to our generous donors.
At the same time, student applications have grown dramatically. In 2013, more than 700 students applied for scholarships, submitting 6,000 unique applications, an average of more than 9 applications per student.
If you are interested in responding to this growing need, there are 2 ways you can establish a scholarship:
- Scholarships can be provided on an annual basis with an outright gift of cash or stocks.
- Endowed scholarships require a gift or pledge payable over time.
- A gift or pledge of $25,000, payable over 5 years, establishes an endowed tuition scholarship.
- A gift or pledge of $100,000, also payable over 5 years, creates an endowed tuition-and-fees scholarship.
We’re here to help you every step of the way as you create a lasting legacy at Worcester State.
Scholarship Program Facts
The following facts offer an introduction to our scholarship program and students:
- Many of our students work their way to a degree by holding down multiple jobs and juggling the competing demands of academic studies, work, and family.
- Scholarship aid helps more of our students to realize their dreams of attaining a high-quality college education.
- Thousands of applications are reviewed each year by dedicated members of the Scholarship Committee.
- More than 70% of the Worcester State Foundation’s endowment, a permanently invested portfolio that generates annual income for a variety of needs, is restricted for scholarships, and such funds usually award 5% of the market value.