Endowed Scholarships - provide naming opportunities for a lifetime for your business or organization. Once a scholarship is endowed, the corpus or principle can never be touched. With the scholarship being supported by interest earned each year, the scholarship is available indefinitely. The minimum commitment for an endowed scholarship is $15,000 which can be funded all at once or over a four-year period. Recipients would begin receiving scholarships in the fifth year if this option is chosen. Awards are based on yearly interest calculations.
Pass Through Scholarships - offer the most flexible option for your business. Scholarships are funded on an annual basis at a minimum of $1,000 per year. A company can fund one scholarship or multiple scholarships depending on the amount of the scholarship and the goals of the donor. If the company, organization or individual wishes to continue to fund the scholarship, they will need to fund it on an annual basis.
Funding Existing Endowed & Pass Through Scholarships - Since the CCC Foundation’s creation in 1993, donors have endowed scholarships for majors such as law enforcement and nursing, and also for CCC2NAUstudents. There are also pass through scholarships like the CCC Veterans scholarship, which is funded through CCC employee donations. New donors to this scholarship can choose to increase the award for one veteran or to create additional awards for multiple veterans. These are just a few examples of the many opportunities available for corporations or organizations to fund existing scholarships.
*All criteria for scholarships is determined by the donor with input from the College’s financial aid office and the CCC Foundation.
Greatest Needs funds are unrestricted and provide the Foundation with the flexibility to meet immediate financial challenges faced by CCC students, faculty, and staff. Members of the college community apply directly to the Foundation for help with the cost of books, fees, and other expenses. Unrestricted funds also allow the Foundation to leverage and administer larger donations and endowments that will benefit Coconino Community College for the future.