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Over 50% of Kean University's
13,000 students apply for and receive financial
aid each year. Through private support, we are
able to offer scholarship opportunities to assist
them in reaching their goals. These privately funded
scholarships enhance their recipient's education
dramatically and help to relieve the worry of the
financial burden of their education. Every dollar
makes a difference in helping us meet our goal
to provide a Kean education for all students that
are accepted to Kean regardless of their financial
status.
The Foundation currently manages and awards
many named scholarships. To see our most
recent scholarship handbook,
click
here.
Establishing
an Endowed Scholarship (minimum $25,000)
A named-gift may be used to create a named-endowed
fund, which will, in perpetuity, honor and memorialize
the name(s) placed on it.
The basic plan underlying an endowed fund is simple.
The principal of the fund is never spent. It is
invested and the earnings are used to fulfill the
purpose(s) for which the fund was created.
Kean University offers many gift options to those
who wish to associate a family name or the name
of a respected individual with a scholarship, project
or program of enduring worth.
Funds may be created for scholarships, fellowships,
lectureships, research, professorships, library
acquisitions, academic chairs, scientific and technical
equipment, capital improvements or any other education
purpose of Kean University.
Donors may use either
outright or deferred gifts to establish named-endowed
funds. The Foundation works with each donor,
on an individual basis, in preparing guidelines
for the administration of each named-endowed
fund. Guideline length and degree of specificity,
of course, depend upon the donor’s wishes
and particular circumstances.
The Kean University’s
outstanding matching gifts program serves as
a fine incentive to donors who wish to create
named-endowed funds.
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