Endowed Scholarships
Athletics Department Endowed Scholarships
What is an endowed scholarship?
The gift of an endowed scholarship provides the University of North Alabama Athletics Department with a permanent asset from which students can receive support. The gift becomes a fund managed by the UNA Foundation, whose investment objective is to achieve growth that is sufficient to preserve the value of the gift so the annual award is not diminished by inflation.
The minimum principal balance required to establish an endowed scholarship is $10,000. Initial contributions may be made in lesser amounts with no awards made to students until the minimum of $10,000 is reached. Donors may continue to donate to an endowment even after the $10,000 minimum is reached.
How does it work?
Awards are made annually to deserving students according to the donor wishes and current financial aid policies of the university. While it is preferred that scholarships be unrestricted, occasionally it can be appropriate to specify that the scholarship be awarded to students from a specific sport or geographic area. The donor may not, however, actually name the individual student to receive the award. Donors are given information annually about the students who receive their award and will be included in an annual Endowed Scholarship Dinner where they will have the opportunity to meet their scholarship recipient.
Why give an endowed scholarship?
The endowed scholarship program has grown because of our donor’s interest in encouraging and empowering our student-athletes. Naming the endowed scholarship is an opportunity to perpetuate your own interest in UNA Athletics or to recognize or remember a loved one, friend, or classmate. All students who receive a named scholarship are made aware that others share a commitment to their education.
As higher education costs continue to climb, today’s student-athletes have a greater need for financial assistance. With the generosity of donors such as you, we can ease the burden on these student-athletes so that they have the opportunity to graduate as champions on their field of play, as well as in the classroom.
How do I start the process?
For more information or to establish an endowed scholarship with the Athletics Department, please contact:
Brock Beck
UNA Box 5071
Florence, AL 35632
256.765.4906
bdbeck@una.edu
Current Athletic Endowments
Harlon Hill Endowment
Jim Tanner Endowment
Ted Treece Endowment
Jack Karnes Endowment
Phillip B. Logan Football Program Endowment
Chris Burns & Alex Sloan Golf Program Endowment
Bill Jones Family Endowment
Frank Hughes Condon, JR. Memorial Endowment
William G. Cale, SR. Memorial Endowment
John T. Women’s Athletics Endowment
Grady Liles Endowment
Caroline Morgan Neisler Endowment
Coach Hal Self Student-Athlete Endowment
Harold C. & Peggy Nan Sisson Football Program Endowment
Johnny O. Long Student Athletic Trainer Endowment
