The purpose of each scholarship fund
at East Texas Communities Foundation is determined
when it is created. There are two types of criteria that must be
defined when establishing a scholarship fund,
eligibility criteria and selection criteria. The first
defines who may apply for the scholarship, while the
second helps the scholarship committee determine
who among the applicants should receive the scholarship.
While it is not beneficial to define eligibility in
too restrictive a fashion (the pool of applicants may
be too small), it is helpful to clarify eligibility
enough to fulfill the donor’s intent and to avoid
inappropriate applications being submitted.
Establishing selection criteria is extremely important.
When creating a scholarship fund, the donor must make
a number of decisions in regard to the qualifications
for recipients of their awards. Some of the possible
considerations are listed below. There are many other options from
which to choose.
The Foundation’s staff is available to meet
with interested donors to help them think through the
criteria for their scholarship and to help draft criteria.