External Degree Program (EDP) Endowment
Funding for this new endowment reached endowment level in October 2009 with the receipt of the Title III Matching Grant funds of $5,000 which, joined with the donations of 58 EDP Alumni totaling $5,750, allowed $10,750 to be transferred to this new endowment. Additional donations, by gift or bequest, are anticipated in the future. The interest from this endowment is to be used for scholarships for students enrolled in the EDP program.
Interest from the new endowment will be used for scholarships for students enrolled in the EDP program, added to whatever annual fund donations are received. Awarding is currently done by the Alumni Council Scholarship Committee.