Endowment – A Long-Term Commitment
The University strives to develop a robust endowment to provide reliable funding for academic priorities. The earnings from Òùµ´ÉÙ¸¾'s endowment provide a regular stream of funds for programs such as scholarships, academic chairs and professorships, undergraduate research and library acquisitions.
Endowed scholarships
Endowed Scholarships reinforce the University's commitment to improving its rankings and increasing its national reputation as Coastal Virginia’s premier university of the liberal arts and sciences. Annual and endowed scholarships advance the University's goal of attracting and retaining the most highly-qualified students; continuing to diversify the student body by increasing the number of minority and international students; and increasing the level of academic challenge on campus.
Endowed scholarship donors may meet their student recipients annually and receive an annual report on the growth of their fund. With an investment goal of 8% annually, we hope to grow your endowed fund by 3% compounded per year. Your endowed scholarship fund will forever impact our students while providing permanent recognition for your gift.
Endowed professorships and chairs
Since top faculty command a higher price in the marketplace, endowed faculty positions provide the resources to attract more top faculty. More endowed chairs will increase the quality of teaching, the level of undergraduate research and the national reputation of the University. Students immediately benefit from having national recognized experts in the classroom.