Endowed Scholarship & Fellowship Virtual Program
Endowed scholarships give hundreds of worthy students access to a Wheaton College education that would otherwise be out of their reach.
Wheaton has attracted some of the most gifted Christian students in the country for over 160 years. But today, many promising applicants face a hard decision when their choice to attend Wheaton might burden their families with thousands of dollars of debt.
Wheaton College’s endowed scholarship program is one response to this growing need. One of the most rewarding investments you can make is investing in our students as they pursue a Christ-centered and academically strong liberal arts education at Wheaton College. During the 2019-20 school year, 74 percent of Wheaton’s student body applied for need-based aid but only 10 percent of those students had their need fully met.
You can provide the means for deserving students to enter Wheaton College through an endowed scholarship fund.
- Endowed scholarships are funds established by donors to provide continual aid to students who have financial need or meet other criteria.
- Donors are kept informed of the scholarship fund’s status through an annual report and receive information about student recipients.
How can I set up an endowed scholarship?
Endowed scholarships may be established with a first installment of $5,000 and a signed application. Once approved, a memorandum of agreement outlining the terms of the endowed scholarship will be sent to the establisher for their signature. Endowed scholarships are frequently funded by gifts of cash, but they may also be funded by transfers of stocks, bonds, mutual funds, real estate, and other types of property. Gifts toward endowed scholarships may also be made by bequest.
Minimum funding levels are $25,000 for an unrestricted scholarship and $50,000 for a scholarship with preferences and scholarships must reach minimum funding within 5 years of the first installment.
Please contact the Office of Development for additional information or assistance.