There is no greater need at RIT than increased scholarship funding, and YOU can address that need through financial commitments to establish scholarships.
College is still one of the largest investments any individual makes in his or her life and scholarships are critical to enabling more RIT students to not only graduate but live productive and successful lives. Without scholarships, college can be a crushing expense impacting individuals for decades after they graduate.
Your gift can lessen the impact of college costs for students and their families, providing access to an RIT education that otherwise wouldn't have been affordable.
Keeping costs down for everyone
Your gifts to scholarships are the best way to keep college affordable for everyone. Scholarship funds make it possible for the university to keep the overall cost of tuition lower while still providing the financial aid needed by 75 percent of RIT students.
Your support of scholarship supports a student body that comes from a different cross section of the population than most private colleges and universities in the United States. Approximately 60 percent of RIT freshmen come from families making less than $100,000 per year; and 25 percent of RIT undergraduates are from families whose incomes are in the "highest financial need" category.
RIT is committed to keeping tuition costs and fees well below our peer institutions. However, costs will increase in an environment of increased technological demands, increased competition for leading faculty, and ongoing facilities maintenance.
You can support scholarships in lots of ways, depending on your interest and level of giving. The simplest is to give to RIT's general scholarship fund, or to one of the more than 600 existing scholarship funds.
If you want to establish your own scholarship fund, it's easy to do.
Scholarship funds fall into two general categories:
In addition to the type of scholarship, you can choose award criteria such as academic merit, degree program or college, demonstrated leadership, participation in student activities, financial need, or any combination of preferences.
Whether annual or endowed, there are thresholds for funds that determine your control over directing and naming the funds.
|Annual Scholarship Funds|
|General scholarship funds, no restrictions, unnamed||Any gift amount|
|Named scholarship with no restrictions||Gifts of $5,000 - $9,999 per year|
|Named scholarship with preferences for recipients specified by donor||Gifts of $10,000 or more per year|
|Endowed Scholarship Funds|
|Endowed, named scholarship with no restrictions||Funds totaling $25,000-$49,000|
|Endowed, named scholarship with preferences for recipient specified by donor||Funds totaling $50,000 or more|
Your Gift Will Help Me Change the World
I will bring light so that others can know their power.
Gopal Sapkota '15, Student
I will reach the stars - or maybe send others to them.
Scott Thompson '13, '15, Student
I will help people build new scholarship funds.
Joe Crespo '13, Student