Endowed Funds and Scholarships
The Endowment at SCUBuilding the Santa Clara endowment has long been one of the highest priorities of University leadership, allowing SCU to develop programs of lasting quality for students. Endowed gifts are meant to exist in perpetuity and are invested for long-term growth. Each year, approximately 4.5% of the endowment fund’s earnings is made available in the form of a payout supporting student scholarships, endowed professorships and University resources. The Board of Trustees, in consultation with the University, may vary the spending rate to meet the needs of the endowment, adjust to market conditions, and ensure preservation of capital. Return on the endowment exceeding the normal spending allocation is typically added to the principal of the endowment. ScholarshipsSince its founding in 1851, Santa Clara has educated students regardless of financial circumstances. Generous gifts to scholarships make it possible for SCU to continue building an extraordinary community of scholars, with funds assigned according to need and merit. In addition to meeting pressing financial needs, students connect with the donors who have supported them through annual letters or campus visits, creating a relationship with the generous partners who have supported their educational aspirations. Following are just a few of the scholarship funds donors may consider when deciding how to make the greatest impact on today’s students. The Santa Clara FundOne hundred percent of the gifts made to this fund serve SCU students. The Santa Clara Fund supports four areas of campus that are distinguishing factors of a Jesuit education: 60% is awarded as scholarships; 20% supports academic programs;15% is awarded to help students travel abroad and participate in immersion trips; and 5% is available for student clubs and initiatives. Learn more >>>>
Bronco Bench FoundationDedicated to supporting student-athletes at Santa Clara, the Bronco Bench Foundation awards 31 athletic scholarships each year. In addition to Bronco Bench scholarships, alumni can make gifts toward the recruiting and operating budgets of any of the University’s 19 sports. Learn more >>>>
Alumni Family Endowed Scholarship FundFunded through the generosity of alumni, the purpose of the Alumni Family Scholarship is to help families of undergraduate alumni meet the cost of tuition at Santa Clara and continue the tradition of an SCU education. Awarded annually to children or grandchildren of undergraduate alumni, recipients of this scholarship are selected on the basis of financial need, academic achievement, and extracurricular activities. Learn more >>>>
Fr. Coz Scholarship FundIn 2007, several Santa Clara alumni established an endowed scholarship to honor Fr. Richard Coz, a Jesuit priest and Santa Clara professor from 1963 to 1995. The Fr. Coz Scholarship is awarded annually to undergraduate juniors and seniors who have a legacy connection, participate in club sports, or are involved with study abroad and immersion trips. Volunteer and spirit leaders in athletic competition are also considered. Learn more >>>>
Paul Locatelli, S.J., Memorial Fund for Student ScholarshipsFr. Locatelli graduated from SCU in 1960 and returned as an accounting professor in 1974, the same year he became an ordained priest and earned his master of divinity from the Jesuit School of Theology at Berkeley. He was appointed academic vice president, voted outstanding teacher of the year, and made associate dean of the Leavey School of Business. In 1988, he was selected as the University’s 27th president, serving 20 years before stepping down in 2008. Gifts made to this fund provide financial assistance to deserving undergraduate students in honor of Fr. Locatelli. Learn more >>>>
You can support just about any school or program that has impacted your time on campus. For information about additional funds, please contact the SCU Development Office at 408-554-4400 or giving@scu.edu |
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