Hello,
Our Marketing & Admissions team wants to offer a scholarship to a certain subset of potential students (under 150) where the criteria is: if the students come to campus for an admissions event and put a deposit down by the deadline for enrollment, they will receive a set scholarship amount for four years (renewable). If we were to use gift funds to fund these scholarships, our concern is this seems to come close to the issues around charitable class, but not as directly as some other situations. We are looking for feedback from this group on whether anyone has done this before and/or if there are issues folks see with using gift funds for this purpose.
Thank you!
Laura Martin
University of New Hampshire
laura.martin@unh.edu