Whatever the reason, the endowed scholarship secures the honoree s place in SJU history and provides crucial assistance that helps the university to attract and retain gifted students. Donors may restrict their scholarship gift to a specific department, major or other criteria. In addition to the founding donor, other donors, such as family members, may designate that their donation be added to an existing scholarship fund. The university usually expends approximately 4 to 5 percent of the value of the fund as an award each year, while the principal remains, allowing the fund to grow. All donors receive an update on their fund as well as thank-you notes from and progress reports on the students who benefit from the scholarships.
Donors meet the student scholarship recipients at a yearly luncheon.
Currently, Saint Joseph s offers approximately 160 named scholarships. They credit their Saint Joseph's education with so much of their professional success and personal fulfillment. For more information on establishing a scholarship gift, call Farrell at ext. Several thousand miles separate the dusty gullies of Montana from the sidewalk cafes of Paris, but for Saint Joseph's University biologist Dr. Eileen D. Grogan, it's simply the next leg on her scholarly journey. Dr. Grogan has spent the last 13 summers in the Bear Gulch of Montana, digging for fossils of sharks that lived hundreds of millions of years ago.