Create Opportunities for Students

Background of Scholarships at the University of Oklahoma Foundation

Since 1945, thousands of donors have made gifts to establish scholarship funds at the Foundation, many in honor of others. These gifts ensure that qualified, hard-working students are never turned away from OU because of financial need.

The number of scholarship funds established at the Foundation has consistently climbed. During President Boren’s tenure from 1994 to the present, scholarship funds have more than tripled.

Because students are at the heart of all OU endeavors, scholarships and fellowships are a priority for President Boren. Suggested below are creative ways to fund student scholarships and fellowships.

Establish an Endowed Scholarship Fund

  • Commemorate a milestone event, like a class reunion, birthday, wedding, anniversary or retirement.
  • Thank a special teacher or your parents. There's no better way to pay it forward than to invest in a student's education, just as someone did for you once upon a time.
  • Invest in tomorrow's leaders. As a business leader, your professional organization or company have a powerful opportunity to invest in the future of your industry by creating a scholarship for future pacesetters.
  • Learn more about scholarship opportunities for student athletes.
  • Help a student study abroad.
  • Make a planned gift. Whether you choose to create a will or living trust, helping students can be your legacy at the University of Oklahoma.

Establish or Contribute to an Expendable Scholarship Fund

  • Provide an annual scholarship award to a restricted expendable fund named in honor of you or a loved one. For donors who enjoy making a specific tax-deductible contribution each year, an annual gift to a named scholarship fund can be both practical and rewarding.
  • It doesn't take a major gift to make a big difference. Donors united by a common vision can multiply the impact of a scholarship award. Explore college-specific giving priorities for students.
  • The minimum amount to establish an endowed scholarship is $25,000. The chart below describes how meaningful levels of support, provided either by an endowment dividend or an annual gift, can help with annual costs.

    Principal Amount

    Est. Annual Dividend

    Typical Annual Costs for Students

    $25,000 $1,250 $1,200 for books & supplies
    $50,000 $2,500 $2,400 for laptop, printer & cellphone
    $100,000 $5,000 $4,500 for resident tuition only
    $150,000 $7,500 $8,800 for room and board
    $200,000 $10,000 $9,000 for resident tuition & fees
    $500,000 $25,000 $22,000 for non-resident tuition & fees
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Scholarship Funds - By the Numbers

"Oklahoma will be what we choose to make it. The great opportunity lies in the fact that we are creating a culture, and if we are wise, we shall give that culture a conscious guidance and direction."

Joseph A. Brandt

6th president of the University of Oklahoma, 1941-1943

1945

Year when the Foundation's first scholarship fund was established in honor of Samuel W. Reaves, Dean of the College of Arts and Sciences from 1925-1940

2,275

Current number of scholarship funds at OU

200

Percent of growth in the number of scholarship funds established during President Boren's tenure

95

Percent of growth in the amount of endowed scholarship gifts made during President Boren's tenure

310

Amount in millions invested by the OU Foundation to support student scholarships in perpetuity

5

Amount in millions awarded to students for scholarships in Fiscal Year 2005

24

Amount in millions awarded to students for scholarships in Fiscal Year 2016