Establishing a Scholarship
Nowhere is the tradition of giving more vital than in scholarships, with one generation assisting the next.
Creating a named scholarship with the Northern State University Foundation is relatively simple. Whether you choose to establish an annual scholarship or create an endowment in your name or in honor of a loved one, you, as the donor, have the opportunity to direct the scholarship to students majoring in a particular program and/or area of interest such as business, music, athletics, etc.
An annual scholarship provides a yearly award to students who meet the criteria established by you and the university. The scholarship may be established with a one-time gift with the awards being made until the funds are diminished or the donor may contribute the amount of the award every year.
Scholarship endowments enable you to create a scholarship in perpetuity. A minimum donation of $15,000 is required to establish an endowment with the Northern State University Foundation. This donation can be made in a one-time gift or may be pledged over a five-year period. The principal is invested and a portion of the return is used each year to support the scholarship.
Other Naming Opportunities
Recognition through naming opportunities for programs, buildings, or endowments can memorialize a loved one, salute a mentor or honor one's family. The staff of the NSU Foundation
can help you develop the naming opportunity to meet your philanthropic wishes.