Establish a Scholarship

The Athens State University Foundation provides financial support for our students through scholarship opportunities made possible by the generosity of our alumni and friends of the University. Scholarships may be designated as either Endowed or Annual with each having guidelines specific to the interests of the donor.

Below is the basic information for establishing a scholarship along with links to Letters of Agreement for your review. We will be happy to meet with you and answer any questions you might have pertaining to naming, criteria, or funding options. We sincerely appreciate your consideration and look forward to working with you.

Dr. Keith D. Ferguson
Vice President for University Advancement
Phone: (256)233-8215

Endowed Scholarship

An endowed scholarship is a permanent fund in which the principal remains intact and invested in accordance with Athens State University Foundation Investment Policy. Scholarships are awarded annually from the allocated income earned on the principal investment. Each year, the Foundation Investment Committee meets to determine allocations based on investment returns. The target return rate for investments is 5%. The Foundation offers two levels of named scholarship endowments beginning with a minimum investment of $25,000 as illustrated below:

Presidential Scholarship              $50,000+

Distinguished Scholarship           $25,000+

Annual Scholarship

Annual scholarships consist of those that are established based on an agreement that the donor contributes a minimum amount ($500) annually for a period of three years or an aggregate amount of $1,500. The entire gift is awarded in the form of a scholarship annually to a student(s) who meets the criteria specified by the individual donor. Annual awards may vary and are made each year based on the terms of the agreement and the amount contributed by the donor.