Establish a Scholarship
Through the generosity of individuals, businesses, and organizations, the PCC Foundation awards hundreds of scholarships each year. PCC Foundation scholarships help students pay tuition and fees, and in some cases purchase textbooks or tools required for their course. When you establish a PCC Foundation scholarship, you can be confident you are investing in the community's future, as 80 percent of PCC students stay in the region to live, work and contribute to the local economy.
Everything is in place to make creating a scholarship an easy and rewarding experience. Scholarships can be established at any time during the year. Scholarship donors can serve on selection committees, receive recipients' thank you letters, and meet with recipients at the annual Scholarship Banquet.
Establishing a PCC Foundation scholarship is easier than you might think.
-
Decide the type of support you wish to provide.
-
A scholarship endowment, which will provide scholarships in perpetuity, can be established for $25,000. The initial gift is invested, and scholarship awards are determined each year by the Foundation Board of Directors. A donor may take up to five year to build the endowment to $25,000.
-
An annual scholarship can be established for $5,000. Annual scholarships are funded on a year-by-year basis by the donor. Often, donors wish to build an endowment, but also want to help students right away. Many endowed scholarship sponsors choose to make two gifts each year until the endowment is self-sustaining – one to help grow the endowment, and the other to be awarded immediately as a scholarship. This solution is a satisfying way to immediately enjoy the benefits of being a scholarship sponsor while building an endowed fund that will support scholarships for generations.
-
A one-time general scholarship can be named to honor the donor for a gift of $2,500.
-
- Decide the focus of your scholarship.
-
The Foundation will assist you in developing the criteria.
-
The scholarship can be named in honor or memory of an individual or family.
-
- Sign an agreement with the PCC Foundation.
- Make your gift!
Scholarship Criteria
PCC Foundation staff will work with you to determine the criteria for your scholarship. Scholarship criteria should be kept as broad as possible to attract a solid pool of applicants.