Endowing Scholarships
Last year, the Alumni Association provided more scholarships than they have in the history of the medical school. Thanks to careful management of our endowment which has grown to over $15 million dollars, we award almost $400,000 in
scholarships alone. The scholarships are specifically to assist with tuition. The majority of the scholarships are for students with identified financial need. There are a few scholarships that are also for people of diverse heritages or ethnicities. The financial aid office has requested that we focus all of our energy on scholarships for the school. The identified financial need for scholarships exceeds $5 million. We are inching closer every day to funding more scholarships. Donors can choose to donate to our million dollar scholarship fund to be part of giving our scholarships.
The Alumni Association will create an endowed scholarship in your name or the name of a loved one with a minimum gift of $10,000 payable over five years. A $10,000 endowed scholarship provides a $500 scholarship for a student with identified financial need or one that fits the specific restrictions of your scholarship.
If you want to discuss your own endowed scholarship in your name or the name of a loved one, please contact Eric Shoen-Ukre in the Alumni office at 718-270-2675 or via email at eric.shoen@downstate.edu.
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