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.
- 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.
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 |