Southern Miss alumni and friends may endow a scholarship for undergraduate or graduate students. Endowed scholarships provide a continued source of financial assistance for Southern Miss students and create a lasting legacy for the donor.
Scholarship funds can be named
. After the donor(s)
. In honor/in memory of loved ones
. In tribute to a special Southern Miss faculty member or student
Groups with a common Southern Miss bond often choose to create a scholarship in honor of their connection.
. Graduating classes
. Academic units
. Regional alumni groups
. Former students who share a common Southern Miss faculty mentor
Corporations with strong ties to the University and a desire to create a quality workforce often endow scholarships in their relevant academic discipline.
Endowed gifts can be given as a single gift, a series of gifts over the donor’s lifetime or a combination of lifetime and deferred gifts. An endowment must reach $15,000 within five years to become endowed.
Scholarships will be awarded once the corpus reaches the minimum required funding level of $15,000 and after the funds have been invested for a required amount of time. Because the principal of the endowment is never spent, such a gift represents an enduring tribute to the person honored by the fund.
Possible criteria for selection
. Academic achievement
. Financial need
. Leadership capabilities or student involvement
. Field of study
Recipients are chosen by scholarship committees at Southern Miss depending on the donor’s preferred restrictions.