FundSvcs Community

Hi, Once a scholarship is fully endowed, how long should it accrue earnings for before being awarded? Is there a standard time frame that most schools use?

I have seen everything from the very next semester to one full fiscal year later (meaning it could be 23 months later). When I was at NC State we followed this second protocol. John John Taylor 919.816.5903 johntaylorconsulting@gmail.com Big ideas; small keyboard > On Feb 22, 2019, at 10:26 AM, Kelly Ball <kball@warren-wilson.edu> wrote: > > Hi, > > Once a scholarship is fully endowed, how long should it accrue earnings for before being awarded? Is there a standard time frame that most schools use?

We award the next academic year unless it was received over the summer and then we wait for the next year. It makes the donor feel good if we award as soon as we can even if the first year's award is a bit less than the following years. Karen L. Wilmoth ‘83 Director of Development Halliehurst, 2nd Floor 100 Campus Drive Elkins, WV 26241 (304) 637-1374 www.dewv.edu   Our mission: To prepare and inspire students for success and for thoughtful engagement in the world.    
Original Message----- From: Advancement Services Discussion List <FUNDSVCS@LISTSERV.FUNDSVCS.ORG> On Behalf Of Kelly Ball Sent: Friday, February 22, 2019 10:27 AM To: FUNDSVCS@LISTSERV.FUNDSVCS.ORG Subject: [FUNDSVCS] Earning accrual time before scholarships awarded Hi, Once a scholarship is fully endowed, how long should it accrue earnings for before being awarded? Is there a standard time frame that most schools use?