Setting Up a Scholarship

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.

Possible Selection Criteria:

  • Financial Need
  • Residency
  • Attend or attended a certain High School
  • Plan to attend a certain College or University
  • Length of Support
  • Academic Record
  • Moral Character
  • High School Activities
  • Community Service
  • Age or Marital Status
  • Course of Study

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.

 

Site Map    East Texas Communities Foundation • 315 N. Broadway, Suite 210 • Tyler, Texas • 903-533-0208 • 1-866-533-ETCF    Group M7 Design