Establishing Scholarships
Many individuals and businesses have found the joy and satisfaction brought through sharing education opportunities with students.
At Eastern, scholarships can easily be started and the EAC Foundation staff will be glad to help customize a scholarship that is best for you and benefits the type of student you would like to reach.
Do I donate yearly or all at once?
The answer is up to you. Some donors like to donate yearly. We term this an annually funded scholarship.
Others donate in larger increments with the direction that the interest earnings fund the scholarship in perpetuity. This is called an endowed scholarship.
However the scholarship is funded, scholarship donations are tax-deductible as permitted by law.
Memorial Scholarships
Many scholarships are named to honor relatives or friends. Such scholarships benefit others while memorializing the life of loved ones.
Recognition Events
Scholarship recognition events are held each year to honor donors for their generosity. Scholarship sponsors have the opportunity to meet face-to-face with the student recipients. Recipients are recognized for their hard work and are encouraged to continue forward in their pursuit of an excellent education.
The EAC Scholarship Banquet recognizes donors and recipients of scholarships that pay full annual tuition or more.
The EAC Awards Ceremony also spotlights donors and students receiving scholarships providing less than a full year's tuition.
Planned Giving
There are a number of ways you can make meaningful gifts. Consider the timing and funding of these gifts and consult with your tax advisor to decide what is best for you.
We will be pleased to provide more information as you consider establishing a scholarship at Eastern Arizona College. You can also visit our planned giving pages by clicking here.