An endowed scholarship is placed in the Chattanooga State Foundation account and the income from the investment is used according to the criteria of the scholarship. This type of scholarship can be created in one donation or a number of donations to build the endowment. Please contact our office to find out more about establishing an endowed scholarship. Call or email Tammy Sawyers at 423-697-3359 or email@example.com .
An annual scholarship is maintained through money donated on an annual basis by the group that establishes it. Award amounts are determined by annual funds received from the donor(s).
Criteria for your scholarship is determined by the person or group establishing the scholarship. Our Development professionals will work with you to craft the criteria that will allow you to make the greatest impact within out student population.
The amount of your donation is totally dependent on what you want to accomplish with the scholarship. Some scholarships cover tuition, books and miscellaneous expenses. Others are set up to pay only a portion of the tuition for the recipient.
The minimum amount to endow a scholarship is $10,000.
Beginning July 1, 2013, the minimum amount to endow a book scholarship will be $20,000. The minimum amount to endow a tuition-based scholarship will be $50,000.
Please make your donations payable to:
The Chattanooga State Foundation
4501 Amnicola Highway
Chattanooga, TN 37406