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Creating a Scholarship

The Jefferson Community College Foundation’s scholarship program includes awards through both endowed and annual gifts.

Endowed, named scholarships typically serve to recognize or memorialize individuals or to represent businesses or organizations. An endowed scholarship is created with funds which are treated as principal. The principal itself is invested and remains untouched, but can grow with additional contribution to the specific endowment. The scholarship is funded with the interest earned on the principal.

The JCC Foundation seeks a minimum $10,000 gift to endow a scholarship. An endowment fund may be created and built over a period of up to five years to reach the $10,000 level.

Scholarships provided from endowed funds range from a minimum of $500 to the cost of full tuition.

The Foundation also administers a number of annual scholarships in which a yearly gift of money from a specific sponsor is awarded outright as a scholarship. A minimum gift of $250 is required to establish a new annual scholarship. The Foundation also accepts smaller gifts of money into its general scholarship fund.

Scholarships administered by the JCC Foundation are awarded through the College’s Financial Services Office. Strict attention is paid to the criteria for the award, which are established in agreement with the scholarship sponsor.

The JCC Foundation encourages those interested in creating a scholarship at Jefferson to download and complete the Scholarship Creation Checklist.  Once the form is completed, contact the Foundation office to set up a meeting to discuss the scholarship creation process.

The Foundation is pleased to work with prospective scholarship sponsors to develop scholarship proposals which address the wishes of the sponsors and meet the requirements of the Foundation and College. For more information about the JCC Foundation and its scholarships, contact the College’s Development Office, 315-786-2458.