Create a Scholarship

Create a legacy for yourself or recognize someone who influenced your life. Or honor a group, cause, company, or organization.

Choose from several options for creating your scholarship.

Endowed scholarship

Named for a person, company or organization

One or more people provide funds, which the Engineering Alliance Foundation Minnesota finance committee invests. Each year, a percentage of the funds are disbursed for scholarships. Meanwhile, the corpus of the endowment remains in Engineering Alliance Foundation Minnesota investment vehicles for a permanent fund. This option truly creates a lasting legacy for Minnesota’s engineers!

There is a $25,000 minimum.

Sometimes an endowed scholarship collects more money or a sole donor gives more than $25,000. In those cases, Engineering Alliance Foundation Minnesota could increase the size of the scholarship or award more than one.

One-time scholarship

Given by a person, persons, organization, or company

All the money is collected at one time or from one event, then disbursed at one time.

Multi-year scholarship, non-endowed

Named for the life of the pledge or for a group, company, or person

A donor begins by pledging a scholarship amount to contribute over a period of years. Then Engineering Alliance Foundation Minnesota grants and disburses a portion of the funds to scholars each year.

We can also roll a multi-year scholarship into the general scholarship fund.

Other scholarship options

Engineering Alliance Foundation Minnesota can work with you to establish an endowed or named scholarship using various financial vehicles.

Contact us for more information and to begin creating a scholarship.

If you are not ready to create a scholarship, consider other ways to support engineering education:

Thank you for your commitment to a strong future for engineering in Minnesota!