Annual scholarships may be named for you or in honor or memory of a loved one. However, smaller amounts pledged over a period of time may also qualify for naming. Each case will be evaluated separately. The major advantage of an annually funded scholarship is that your entire gift is used immediately. The major disadvantage is that it is not perpetual.
Some annual scholarships require a letter of agreement .
Each letter of agreement is tailored to match the desires of the donor with the needs and requirements of the University and the program being funded.