Top-achieving students without financial need can choose from virtually any university; scholarships are often the factor that tips the scales toward UCF. National Merit Scholars, the top 1% in the nation by SAT score, receive scholarship support for their academic achievement — part of the reason there are 247 of them enrolled at UCF this year. That’s the second-highest total in Florida, and it places us among the top schools nationwide in National Merit Scholars enrollment.
...student loan debt may have a ripple effect on the economy by causing graduates to postpone home ownership...
At the same time, need-based scholarships help remove financial obstacles, making it possible for high-performing students who might not otherwise be able to afford a UCF education to achieve their goal of earning a degree. In 2012, 84% of UCF students received aid in the form of grants and scholarships. But even with financial aid and modest tuition costs, student loans are the go-to for the unfunded gap, which according to the Consumer Financial Protection Bureau, may soon have a ripple effect on the economy by causing graduates to postpone home ownership, divert money from retirement accounts, and impede their ability to take small-business loans.
You can help in several ways:
Give to support scholarships through the UCF Fund. Direct gifts can be made to help fund scholarships for first-generation students or scholarships within specific colleges.
Create or contribute to an endowed scholarship fund. Endowed scholarships are those that are funded annually by the earnings of a gift that is preserved and invested by the Foundation. Generally, a gift of $25,000 is required to establish an endowed scholarship, although it may be made in installments. Once an endowed scholarship fund is established, gifts of any size may be contributed to the fund.
Give to one of our new 50 for 50 Endowed Funds. These funds — one for each college — bundle together multiple donors' contributions to create a new endowment whose earnings will fund need-based, unrestricted scholarships.