Areas of Support - Scholarship

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.

Supporting scholarships
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:

  • Annual scholarship funds provide tuition support to a current student or students with no long-term investment of the money. You can give any amount $1,000 to $100,000 or more and that money will be awarded to students until it's gone.
  • Endowed scholarship funds are established with a gift of $50,000 or more. The fund can be built with payments over a period of three years to reach the $50,000 minimum level. Once fully vested, the fund will pay an annual distribution that will be used as the scholarship award.

With gifts of $100,000 or more, 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.

Annual Scholarship Funds
General scholarship funds, no restrictions, unnamed Any gift amount
Named scholarship  Gifts of $50,000 or more
Named scholarship with criteria  Gifts of $100,000 or more
Endowed Scholarship Funds
Endowed, named scholarship  Gifts of $50,000 or more
Endowed, named scholarship with criteria Gifts of $100,000 or more

Scholarships change everything. Invest is a student’s life and strengthen RIT’s future. 

Your Gift Will Help Me Change the World

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