Giving to A&M-Central Texas
Donations to A&M-Central Texas scholarships are opportunities to reward academic promise, help cover the cost of tuition and fees for a student in need, or maybe allow a little extra help toward the purchase of a book or course supplies. Even a modest gift can make a big difference to a student.
Scholarship Facts
- 1 out of 3 donors made a contribution from $100 to $1,000
- The scholarships awarded to students by the University are made possible by the A&M-Central Texas Foundation
- Scholarships can be established to honor or memorialize an individual, group, family or organization.
- Your scholarship gift goes farther at A&M-Central Texas because our tuition and fees are so much more affordable than other universities. This means that your gift has a bigger impact, covering a bigger percentage of their tuition and fees.
Endowed Scholarships
A scholarship can be established with an endowed gift. When gifts are made this way, the funds are invested and the interest earned becomes a perpetual source of funding which means that the scholarship lives forever. Donors may name their scholarship for themselves, a friend or family member, a business or an organization. Endowed scholarships made to the A&M-Central Texas Foundation require a minimum $25,000 contribution based on current interest rates and the projected value of the interest on the contribution.
Endowed Giving Procedures
An endowed gift is a wonderful way to leave a lasting legacy at A&M-Central Texas. As you prepare to make your endowed gift, here’s how it works:
- Gifts are irrevocable and deposited as endowment principal unless otherwise designated by the donor as an “expendable” gift.
- Endowment gifts are invested with The Texas A&M University System and structured to generate an estimated annual payout of five percent.
- All new fully funded endowments will award once the account reaches maturity. This timeline can vary but may be between 12-18 months.
- Donors making an endowed gift may choose to add an additional amount to facilitate an immediate award.
