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Endowment to Repay Loans After Graduation

  • 1.  Endowment to Repay Loans After Graduation

    Posted 03-12-2019 01:15 PM
    Hello, Listers! We have a donor who is interested in creating an endowed fund that will award funds to pay down student loans after the student has graduated. I have heard from the fundraiser that this has been done at other universities. Has anyone out there dealt with this? If so, how did you justify supporting the mission of the University by awarding AFTER graduation? Is anyone able to share some of the wording you've used for agreements such this as well as any advice for how to do it well or avoid pitfalls? Thank you!! -- Mandy L. L. Smith Director of Gifts and Records Management Development & Alumni Relations Virginia Commonwealth University PO Box 842026 111 N. Fourth St. Richmond, VA 23219 (804) 828-0348 mlsmith4@vcu.edu The information contained in this message may be privileged and confidential and protected from disclosure. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to this message and deleting it from your computer.