Creating a scholarship is a wonderful way to directly impact FRCC students.
Scholarships can be established through annual contributions or an endowment.
Named Annual Scholarships:
- Are paid by the donor(s) each year
- Minimum $2,500 per year, with three-year pledge
- Specific criteria may be defined by donor
- May be named as directed by the donor in their scholarship agreement
Endowed Scholarships:
- Are established by the donor(s) with a $25,000 minimum gift
- Pay out 4% per year, based on three-year rolling average
- Specific criteria may be defined by donor
- May be named as directed by the donor in their scholarship or endowment agreement
- May be gifted through current funds or an estate gift
Endowed Scholarship Calculation Examples (based on current distribution rates)
| Annual Scholarship Distribution |
Endowment Level Needed |
| $1,000 |
Minimum $25,000
|
| $2,500 |
$62,500 |
$5,000 (Non-Nursing full tuition & fees)
|
$125,000 |
$9,000 (Nursing full tuition & fees)
|
$225,000 |
Memorial Scholarships
Want to honor a deceased loved one through an FRCC scholarship? This can be done with a named or endowed scholarship. A bio and photo of the person the scholarship is named for will be included on the FRCC Foundation website. See our Memorial Scholarships.
General Scholarships
If you want to make a gift to support student scholarships without creating an endowed or named scholarship you can do so by donating to our General Scholarship Fund. If you want your gift to support students in a specific program, many scholarships have already been established that you can contribute to. To learn more please call 303-404-5464.