At Westminster College, the word "scholarship" is another word for "opportunity" - the opportunity for deserving students to attend one of the best liberal arts colleges in the nation. A scholarship helps offset the costs of tuition, books and living expenses. We are proud to say that hundreds of individuals who believe in the mission of Westminster have established student scholarships. It would be an honor to add your name to this prestigious group.
Types of Scholarships
Endowed Scholarships: The Gift that Keeps on Giving
An Endowed fund is an account, the principal of which is preserved in perpetuity; i.e. the principal is never spent. Only the income, earned by that account is spent and, then, only for the purposes agreed upon in the Memorandum of Agreement. The College Trustees have established the minimum for an Endowed Scholarship at $25,000, which may be pledged over as many as five years.
A scholarship can be named in honor of a donor, a family member, a special purpose or any number of possibilities. When you choose to endow a scholarship, you make an investment in the power of education to transform an individual's life. You provide the opportunity for generations of students and partner with the College to help prepare Leaders of Character who are committed to the values of Integrity, Fairness, Respect and Responsibility. You give something of lasting value. And, you show your gratitude to Westminster College and your belief in its commitment to the future.
Annual Scholarships
A donor may also name annual scholarships. All annual scholarships are awarded within the academic year. The donor may also augment his endowed scholarship with an annual scholarship gift, to assist a student even more.