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Funding a Margin of Excellence with Scholarships East Carolina University

East Carolina University Scholarship Booklet

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Page 1: East Carolina University Scholarship Booklet

Funding a Margin of Excellence with Scholarships

East Carolina University

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Chancellorfrom the

Attracting the best students—and ensuring access to an East Carolina University education—rank among our highest priorities at ECU.

For many of our students, the importance of scholarships and financial aid cannot be overstated. Today’s shifting economy poses a significant challenge, but alumni and friends of the university can turn the dream of an excellent, affordable education into reality through scholarship aid.

Whether designated merit-based or need-based, for entering freshmen or continuing students, for undergraduates or graduate students, scholarships of all kinds help us attract and retain the most able

students, greatly enriching the overall campus community and bringing about even more positive results.

Now is the time to make a life changing difference with a gift to support ECU scholarships.

Support our rising generation. Help change lives for the better. Create a better learning environment. Set an example. And make a gift that lasts.

Thank you for your generosity. Steve BallardChancellorEast Carolina University

Letter

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Chancellor

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70% of ECU graduateslive in, work in and

impact North Carolina

ECU Alumni withless student debt are more

engaged and generous

Great students whowill come to learn at

East Carolina University

$42 - 55,000

Annual Cost to attendPercentage of students who borrowAverage annual debt load debt load

Investing in Our Students is an Investmentin North Carolina

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“I give an annual scholarship because I received one of these scholarships when it was much needed during my time at ECU. East Carolina University and the College of Business allowed me to better myself and my career. I want to give back so that I can make a difference for another student who needs help. I have had a very rewarding 12 years with BB&T and the future is bright. I owe much of this success to my time at ECU and the donors who invested in my education.” — Tommy Price4

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Levels of SupportScholarships can be supported through endowments or annual gifts.

Endowed funds are never spent. Instead, they’re invested. Earnings from these investments provide support for student scholarships in perpetuity. This means that each gift designated for an endowment provides permanent financial support. When you create an endowed fund, you have the opportunity to create a legacy by naming the endowment with your name or the name of a person you wish to honor. To create an endowment, a minimum gift of $25,000 is needed to provide a scholarship for deserving students.

Annually funded scholarships are those that are funded each year. The impact of the annual scholarship is immediate, meaning the scholarship recipient is selected in the year the funds are received. Gifts made to annual scholarships are not invested, and do not earn additional income. An annual gift of at least $1,000 is needed to provide a scholarship for deserving students.

UNDERGRADUATESCHOLARSHIPS Scholarships support for undergraduate students can be specific to a certain major, class year, GPA, or level of need.

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GRADUATEANDPROFESSIONALSCHOLARSHIPS Scholarships support for graduate students can be specific to a certain major, class year, GPA, or level of need

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ECSCHOLARSAWARDS EC Scholars is our flagship merit-based scholarship program and housed in the Honors College. The EC Scholars award is the most prestigious scholarship offered to undergraduate students at ECU. EC Scholars award recipients receive $10,000 per year, and a $5,000 study abroad stipend. A minimum gift of $400,000 is needed to create an EC Scholar endowment.

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ACCESSSCHOLARSHIPS Access Scholarships support deserving undergraduate students who have the highest level of financial need and proven academic potential. Access Scholarship recipients receive $5,000 per year. A minimum gift of $125,000 is needed to create an Access Scholarship endowment.

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RECRUITMENTSCHOLARSHIPS Recruitment Scholarships support incoming freshmen or transfer students. These scholarships are used to attract the best students to ECU and can be specific to a certain major, GPA, or level of need. These scholarship recipients receive $3,000 per year. A minimum gift of $75,000 is needed to create an endowment.

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Undergraduate Scholarships

“You will never fully understand how much this scholarship means to both my family and me. The amount of pride this has instilled in my parents has been one of the greatest rewards for me as a daughter. Throughout the rest of my journey, I plan to do nothing less than allow that pride to grow.” — Ashley Montaquila

East Carolina University is seeking funding for the creation of new endowed or annually funded scholarships. Scholarships help ECU to recruit and retain academically deserving and financially disadvantaged students. Currently, there are over 21,000 undergraduate students at ECU. Only 4% of those students are receiving funding from ECU Alumni and Friends. Depending on your wishes, scholarships can be specific to a certain major, class year, GPA, or level of need.

ECUUndergraduate FinancialBurdenStudentExpenses averageperyear

Tuition & Fees $6,158

Room, Board & Other Living Expenses $14,688

Total Cost of Attendance $20,846

Average Scholarship $1,250

ToestablishascholarshipforECUundergraduatestudents: • Endowed (name, awarded, and given in perpetuity): minimum $25,000 or more • Virtual Endowment: minimum $1,000 or more annually and planned gift of $25,000 or more • Annually Funded: minimum $1,000 or more

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Graduate and Professional Scholarships

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“Words can’t describe how I felt when I found out that I had received the Phillips Family Scholarship. It truly was a miracle to me. I thank God for blessing me with such an unbelievable gift and thank the Phillips family for their amazing generosity. It is because of them and the scholarship that they have provided that my dream of returning to my hometown to serve the community I love can become a reality.” — Kyle Duncan

Currently, East Carolina University has 84 Master’s programs, 21 doctoral programs, and professional programs. There are over 5,500 graduate students at ECU including medical and dental students. Only 2% of those students are receiving funding from our Alumni and Friends. Similar to the undergraduate scholarships, depending on a donor’s wishes, the scholarship can be specific to a certain major, class year, GPA, or level of need.

ECUGraduate FinancialBurdenStudentExpenses averageperyear

Tuition & Fees $6,422

Room, Board, & Other Living Expenses $16,506

Total Cost of Attendance $22,928

Average Scholarship $1,273

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ToestablishascholarshipforECUgraduatestudents: • Endowed (name, awarded, and given in perpetuity): minimum $25,000 or more • Virtual Endowment: minimum $1,000 or more annually and planned gift of $25,000 or more • Annually Funded: minimum $1,000 or more

ECUMedicalandDental FinancialBurdenStudentExpenses averageperyear

BSOM Tuition & Fees $16,949

Dental Tuition & Fees $30,389

Total Cost of Attendance - BSOM $42,165

Total Cost of Attendance - Dental $55,805

Average Scholarship $2,000

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EC Scholars

“The EC Scholars award has provided me with outstanding opportunities and an education that is second to none. By participating in rigorous honors seminars, a research internship, and scholastic co-curricular activities, I have developed as a student and as a leader. A recent study abroad experience offered intuitive learning in another culture, an opportunity that was attainable through my EC Scholars award. Thank you for your generous support of the EC Scholars Program.” — Ryan Baucom EC Scholar, Class of 2015

Established in 1998, the EC Scholars program, housed in the Honors College, is our flagship merit-based scholarship program that attracts high-ability students to East Carolina University. The EC Scholar award is offered to the best of our entering freshman class. This is the most prestigious scholarship offered at East Carolina. EC Scholars exhibit outstanding academic performance, engagement in the community, and effective leadership skills. The amount awarded to scholarship recipients is $40,000 ($5,000 per semester for eight continuous semesters). In addition, EC Scholars are provided with a $5,000 stipend to support their required study-abroad experience. Currently, ECU offers 20 EC Scholars awards each year. The goal is to not only increase the number of awards but also to raise the dollar amount given. This will be necessary to increase our competitive position among other merit scholarship programs.

ToestablishanECScholaraward: • Endowed: (name, awarded, and given perpetuity): minimum $400,000 endows one award; group contributions can be given to create one endowment • Virtual Endowment: $12,500 or more annually and planned gift of $400,000 or more • Annually funded Year One: $15,000 Year Two: $10,000 Year Three: $10,000 Year Four: $10,000

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Access Scholarships

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“This scholarship is extremely important to me because it ensures that I will have the financial resources to continue my education and be the first in my family to graduate from college. Thank you for your support and generosity. The impact this award will have on helping me achieve my educational goals is indescribable.” — Heather Griffin

The Access Scholarship program provides a unique opportunity to assist a greatly deserving group of young people-those with both demonstrated financial need and proven academic potential. The annual award of $5,000 has proven in some cases to make the difference in whether or not a student and his or her family can afford a college education. Scholarships are awarded to undergraduate students. Recipients must complete at least 20 hours of volunteer service each year through East Carolina’s Volunteer and Service-Learning Center. Our goal is to increase the number of awards to at least 100 and to endow the program.

ToestablishanAccessScholarship: • Endowed (name, awarded, and given in perpetuity): minimum $125,000 or more • Virtual Endowment: minimum $5,000 or more annually and planned gift of $125,000 or more • Annually funded: minimum $5,000 or more

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Recruitment Scholarships

“It is difficult to juggle a full-time school schedule, work, and activities in the community. It is unbelievably rewarding to receive the recognition for my work, as well as the alleviation of some of the financial burden on my education, especially since I rely primarily on student loans. I appreciate your help and generosity more than you can imagine.” — Kevin Hale

“I thank you very much for the opportunities you have given me through this scholarship and the doors you have opened. The funds will allow me to continue to excel in school and help me focus on my future career…debt free.” — Alexandria Anneheim

Recruitment Scholarships are recurring annual awards of $3,000 designed to serve as a tool to attract the best high school seniors and transfer students to East Carolina University. As we strive to be a leader in higher education, it is crucial that we improve on becoming an enticing option for future students.

ToestablishaRecruitmentScholarship: • Endowed (name, awarded, and given in perpetuity): minimum $75,000 or more • Virtual Endowment: minimum $3,000 or more annually and planned gift of $75,000 or more • Annually Funded: minimum $3,000 or more

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ECUFoundation252-328-9550

[email protected]

TheMedical&HealthSciencesFoundation252-744-2238

[email protected]

How Can I Give?The ECU Foundation and The Medical & Health Sciences Foundation are non-profit organizations maintained exclusively to support charitable and educational activities at ECU. There are many payment options available to fund your gift.

CreditCardPledgeCheck

BankDraftMatchingGiftsStockTransferPlannedGiving

Thank you for considering a gift to East Carolina University. If you are interested in this opportunity or you have questions or comments, please contact us: