Endowment Scholarship Funds
MCPHS University endowment scholarship funds help donors forge their
legacies and directly provide vital financial assistance to students. An
endowment scholarship fund is a permanent investment in the future of
MCPHS University students since the principal amount of the gift is
never spent and forever grows from year to year.
Endowment funds are carefully invested to achieve the highest yield, and
thereby return the largest possible scholarship awards to students.
Endowment scholarship funds grow quickly through sustained support from
donors, along with additional gifts from family members, friends,
employees, and associates. Donors may also create or add to endowment
scholarship funds through estate gifts including bequests or life-income
Endowment scholarship funds must achieve a minimum balance of $25,000 to
generate an award. Typically, 80% of annual interest income is awarded,
while 20% is reinvested with the principal, although the specific terms
of each endowment scholarship fund is collaboratively crafted by the
donor and MCPHS University representatives.
about our generous donors and student recipients in the Scholar Support Newsletter.
See the full list of active endowed scholarship funds.