The EAA Endowed Scholarship

Since 2013, The Engineering Alumni Association (EAA), through contributions from its members, has awarded two $1000 scholarships to engineering students annually. From the beginning, the EAA’s goal was to endow the scholarship so it would become a permanent source of funding. That occurred this year, thanks to the ongoing generosity of many EAA members. Continuing to grow the EAA scholarship endowment remains a priority. Providing scholarships for engineering students is very important to the College of Engineering because it ensures our ability to recruit and retain the best and brightest students.

What is an Endowed Scholarship?

An endowed scholarship is set up with financial gifts used for the perpetual benefit of the scholarship. The endowment is designed to keep the principal amount intact while using the investment income for the stated purpose. EAA endowment gifts are invested, not spent, so an annual distribution can support scholarships. Investment earnings above the dividend rate help the endowment value grow over time, to keep pace with inflation and maintain an endowment’s spending power.

Making a Gift to the EAA Endowed Scholarship

Gifts of cash, stock or directed funds can fund an endowment. Deferred gifts, beneficiary gifts, life insurance policies or other planned estate gifts can secure the endowment in the future. Your gift to the EAA Endowed scholarship will transform your giving into a lasting legacy.

Give To The EAA Endowed Scholarship

Donate to EAA Endowed Scholarship Online

For more information about the EAA Endowed Scholarship, and how you can get involved with the Engineering Alumni Association, please contact Andrew Swindle, Alumni Relations and Development Director, at andrew.swindle@utah.edu or 801-585-5379.