Establishing a Scholarship

Establishing a Scholarship

Thanks to the generosity of many, The New River CTC Foundation, Inc. is able to extend the opportunity to receive private scholarships to many talented and deserving students each year.

Students who receive support are chosen on the basis of criteria representing the donor’s wishes and academic guidelines of the College. Unless otherwise specified, awards may be renewed for up to four years, providing the recipients maintain eligibility standards.

Endowed scholarships may be created with a minimum of $10,000 through a one-time gift, a pledge for a period of up to five years, or through a planned gift. Income distributions fund the award after the endowment has been established for at least one year. Additional gifts may be added to increase the fund principal at any time.

With both endowed and pass thru scholarships, the donor has the opportunity to participate in establishing guidelines and in determining the name of the award. All gifts are made to The New River CTC Foundation, Inc. which accepts scholarship funds where selection is not based solely on any of the following criteria unless college policy indicates otherwise: race, gender, religion, handicap or national origin.

For more information about establishing a scholarship or other endowment, please contact Kelly Taber, Administrative Associate at 304-929-6734 or use our online contact form.