Expendable Scholarships

An expendable scholarship is one where the donor makes a gift and the entire amount of the gift is used to fund the scholarship to a student(s). Expendable scholarships are typically distributed in the same fiscal year that they are received.

Expendable scholarship funds may be named by the donor.  However, most of these gifts tend to go to general scholarship funds.  If an expendable scholarship is named, the donor and the receiving unit execute a memo of understanding to outline the terms of the agreement.

Expendable scholarships are attractive to many donors because they provide immediate financial support to students, and they don't require a large or long-term pledge commitment.

Interested in funding a scholarship? Contact our office at alumni@pointpark.edu.

Students, interested in receiving a scholarship?  Reach out to your academic advisor for more information.