Full-Time Undergrads
1
%
Received Financial Assistance
Scholarships & Grants
1
Awarded to USF
Students
Million Dollars
$
1
WHAT SHOULD I HAVE READY WHEN I APPLY?
WHAT KINDS OF SCHOLARSHIPS MIGHT I BE ELIGIBLE FOR?
SHOULD I BE AWARE OF SCHOLARSHIPS SCAMS?
Yes—if you have to pay money to get money, it’s probably a scam. Every year, several hundred thousand students and parents are defrauded by scholarship scams. The victims of these scams lose more than $100 million annually. Scam operations often imitate legitimate government agencies, grant-giving foundations, education lenders and scholarship matching services, using official-sounding names containing words like “National,” “Federal,” “Foundation,” or “Administration.” In general, be wary of scholarships with an application fee, scholarship matching services who guarantee success, advance-fee loan scams and sales pitches disguised as “financial aid seminars.”
Donor-funded scholarships are a great and lasting statement of your belief in a University of St. Francis education and our mission to prepare students for lives of leadership and service. Two types of scholarships—annual and endowed—can be established at the University of St. Francis.
Endowed Scholarships: Endowed scholarships are designed to be permanent and live in perpetuity. They can be created with gifts totaling a minimum amount of $25,000. The principal of the fund is invested to produce income, and an annual award is made to a student or students. The principal remains untouched, so the endowment can last into perpetuity.
Annual Scholarships: Annual scholarships can be established with a commitment of $5,000 over five years. Annual scholarships are not a permanent fund and is awarded only as long as funds are available.
Click here to explore other scholarships that have been established by generous USF donors.
To learn more about establishing a scholarship that would benefit USF students, please contact Clarissa Barkley ’20, Scholarship & Stewardship Manager (University Advancement), at 815-740-3596 or cbarkley@stfrancis.edu