When an endowed scholarship is established at Augustana University, the total amount of the gift is invested. Each year, a percentage of the endowed fund's earnings (typically 5%) are available for awarding to one or more students. The principal remains intact with the opportunity for growth through investment gains and/or additional contributions. An endowed scholarship fund supports Augustana and its student in perpetuity.
Investment Over Time That Sustains AU's Financial Stability
- Investment over time that provides lasting support
- Established through gift, pledge, bequest or other planned gift of $25,000 or more
- Invested to ensure growth and perpetual impact on AU students
- Endowed funds used as a measure of AU's long-term strength
- Secures AU's position as a leading university in the state and region
