Tennessee Wesleyan University is proud to help our students be more. We believe a college education should be available to all students, regardless of financial background. Since our founding in 1857, we have been committed to providing a high quality education to all of our students. This commitment continues today, with emphasis on providing students the education to succeed in the future and the financial resources to complete their education. For many students, finances become the sole factor in determining whether they will be able to attend college.
The important role of scholarships
Scholarships play an important part in our students’ decision process when selecting a university. We work to establish privately funded scholarships to ensure all students are able to attend college, regardless of their financial situation. Unlike student loans, scholarships do not have to be repaid, reducing the financial burden on students after they graduate. In the 2015-2016 year, TWU awarded more than $10 million in institutional scholarship funds to ensure attendance costs were within reach for all our students. Currently, endowed scholarship earnings and annual scholarship gifts fund less than 5% of this aid that is so important to our students. Through your partnership and the establishment of endowed and annual scholarship funds, we can ensure the dream of becoming more is accessible to all of our students.
Tennessee Wesleyan offers three types of scholarships
General scholarship: You may contribute a gift of any size on an annual basis. These funds underwrite general need-based scholarships. General scholarship contributions do not require a long-term commitment.
Named annual scholarships: Annual scholarships are established and awarded on a yearly basis. These scholarships require a minimum commitment of $1,000 per year for five years. Annual scholarships may be renewed. You will have the opportunity to name the scholarship and select the award criteria.
Named endowed scholarship: If you want to leave a lasting legacy, consider an endowed scholarship. The initial gift’s principal and any future contributions are invested and held in perpetuity. Each year, we award a portion of the earnings to a deserving student who meets your selected criteria. A minimum gift of $25,000 over a five-year period is required to endow a scholarship. Once the fund is established, a donor or any other individual or organization may contribute any amount to the fund.
Why scholarships matter