Thank you for considering a gift to FAU to establish a scholarship. The FAU Foundation will work with you to prepare the criteria and guidelines regarding the administration of your gift.
Of the many opportunities available for supporting FAU, none more directly affect the quality and future of our students than scholarships. Both expendable and endowed scholarships are awarded to students meeting the criteria outlined in the gift agreement you create with a member of the FAU Foundation.
Expendable Scholarships vs. Endowed Scholarships
An expendable scholarship does not accrue interest and will be awarded based upon the available balance. (For example, an expendable scholarship with a balance of $5,000 could provide up to $5,000 in assistance.)
An endowed scholarship provides perpetual awards based on the earnings of the endowed fund. Endowed accounts are a wonderful way to leave a legacy for yourself, a loved one or even a friend.