The Central Ohio Chapter Ohio University Alumni Association Endowed Scholarship was established in 1994 and provides for a $1,000 continuing award to an incoming first year student to the Athens campus who is a son or daughter of a Central Ohio alum. Currently we provide annually $4,000 each year assisting four continuing students.
Due to market conditions, especially this year, the amount of principle we are allocated to spend on scholarship each year is much less than the $4,000 we require to maintain four scholarships. Each year, the chapter has been supplementing this scholarship shortfall with an average of $2,500 out of our treasury. We will need to continue to raise this amount until our endowment reaches a level where annual returns equal or exceed $4,000.
Long term, we will need to add $60,000 to our investment principle account to ensure $4,000 will be allocated annually to our
spending account eliminating the need for the chapter to support this scholarship from our treasury.
Please consider making a gift online today.
Select Central Ohio Chapter from the drop-down menu.