Named Scholarships
Scholarships are established by alumni, faculty, community members and other University friends. They are frequently created through combined donations to honor or memorialize a special individual. Other times, donors finance scholarships with their own funds, often by remembering the UW Oshkosh Foundation in their wills.
Types of Scholarship Funds
The principal of endowed scholarship funds is conserved perpetually, with only the earnings used to finance the awards. The Foundation Board of Directors annually sets a recommended spending level for endowed funds, based on investment performance. The current recommended spending level is 4 percent. Thus, a $10,000 fund would support a $400 annual scholarship. Endowed funds are assessed an annual administrative fee of 2 percent. The minimum contribution to endow a fund at the UW Oshkosh Foundation is $10,000.
Non-endowed scholarships are funded through annual contributions or by creating a restricted fund. The entire balance of these funds is available for scholarship awards. These funds do not require a minimum balance, do not earn interest and are not subject to an administrative fee.
