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The Scholarship Process
Establishing or donating to a scholarship is simple. We are pleased to assist:
Decide whether to create a new scholarship, give to an existing scholarship or establish an endowment
Identify the amount required to support the award
Set up the scholarship account
We then report to you on the scholarship’s annual activity
The scholarship awards cycle typically begins in the spring semester, with students applying for scholarships for the following academic year. Ideally, terms and funding for a scholarship should be in place no later than Dec. 31.
Scholarships may be designated to a particular major, field of study, or specific program. Or they may be unrestricted. Eligibility may also be based on class year, GPA and/or whether the student has financial need. It is best to keep eligibility as broad and flexible as possible to ensure that the scholarship will be awarded.
Under IRS regulations, donors may not select scholarship recipients. In some instances, donors may serve on scholarship selection committees so long as there are at least two other University representatives.
California law stipulates that San Diego State University may not accept terms that give preferential consideration based on race, color, ethnicity, gender, sexual preference, religion, creed or national origin.
Types of Scholarships
Scholarships can be established by an individual, a group
or an organization through tax-deductible gifts to The Campanile Foundation at San Diego State University, a non-profit 501(c)(3) organization that serves as SDSU-IV’s philanthropic auxiliary.
Keep in mind that all gifts designated for the Imperial Valley Campus of SDSU or for the exclusive benefit of students attending SDSU-IV will be used to benefit SDSU-IV.
A scholarship can be given on a “one-time only” basis or on an ongoing basis through an annual donation. Book scholarships, to help students cover expenses for textbooks and school supplies, may be established at a minimum level of $500 or a pledge – i.e., a gift amount over 5 years. The recommended minimum for a scholarship that pays for fees is $1,000.
Donors may establish a new endowed scholarship with a gift of $50,000 or more. An endowed fund provides SDSU-IV with an annual income stream to be spent for the fund’s designated purpose, while the principal of the fund remains intact. A portion of the fund’s income is reinvested to preserve the value of the fund over time.
Families may choose to suggest in an obituary that donations be sent to The Campanile Foundation at San Diego State for a scholarship in memory of a loved one. The Development Office will work with the family to write a formal gift memorandum—the document that legally establishes the fund—and establish a pending memorial gift account in the name of the deceased. Upon receipt of the memorial gifts, the Development Office will report the names and addresses of all donors to a designated family member or friend. When the stream of gifts has slowed, the Development Office will help the family choose the fund’s designation based on the amount in the fund. Memorial scholarships also can be endowed if the minimum of $50,000 has been achieved.