Donating to Scholarships

Starting students on the road to success represents an important investment in western Wisconsin. Financial access to higher education becomes increasingly difficult as public aid diminishes, tuition increases and the cost of childcare, textbooks, transportation, and living expenses make it harder for many to attend college. Creating a named scholarship through the Western Technical College Foundation is one way you can assist student and leave a legacy at Western Technical College. It is also a very meaningful way to honor family and friends.

Endowed Scholarships

Endowed scholarships are funds that have been donated:

  • In memory, of an individual(s)
  • In honor of an individual(s)
  • By an individual, organization and/or business

Endowed scholarship funds are designed to be permanent and perpetual and can be created with gifts totaling a minimum amount of $10,000, contributed in full or with an initial commitment that is added to over time until the endowment level of $10,000 is attained. The principal of the fund is invested to produce income, and disbursements from the net investment income earned in a 12-month period will be utilized for the scholarship award. The principal remains untouched, so the endowment can last into perpetuity.

Annual Scholarships

Annual Scholarships are funds that have been donated:

  • In memory of an individual(s)
  • In honor of an individual(s)
  • By an individual, organization and/or business

Annual scholarships can be established with an outright gift of $500 or more. Unlike an endowed scholarship described above, an annual scholarship is not a permanent fund and the total amount is awarded to the student. The scholarship is awarded as long as you (or others) choose to contribute to the fund.

The donor and the Foundation agree upon the criteria and the name of the scholarship. The Foundation Office staff is available to help you create the criteria for your scholarship. Once established, you will be notified annually when the scholarship recipient(s) has been selected.

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