Endowed scholarships like the Therefore Scholarship make it possible for many students to attend Cedarville University. Photo credit: Scott L. Huck/Cedarville University
by Andrea Speros, Public Relations Writer
October 8, 2012
Cedarville University recently received an $800,000 gift from an anonymous donor for the purpose of providing an endowed scholarship. The contribution is one of the largest endowed gifts made to the University.
“The fact that it is an endowed scholarship is really exciting,” said Amanda Gillespie, advancement officer at Cedarville University. “What this means is that the funds are going to be invested and their influence will extend for many years-- lending a sense of stability to this award.”
Cedarville University distributed 330 endowed scholarships totaling over $545,000 in the 2011-2012 school year. “A donor-funded scholarship is generally a surprise to students, but they are well received because it makes such an impact in the lives of each student, said Gillespie.”
Located in southwest Ohio, Cedarville University attracts 3,400 undergraduate, graduate and online students to more than 100 areas of study. Celebrating 125 years of inspiring greatness, Cedarville is a Christ-centered learning community recognized nationally for rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings and leading student satisfaction ratings. Visit the University online at www.cedarville.edu.
For more information on giving to the University, visit the Advancement website.