Scholarship Funds are created by individuals, families, schools and other organizations to provide financial assistance to qualified students in pursuit of higher education. Scholarship funds benefit students pursuing studies in health-related fields. These funds are often established in memory or in honor of an individual to commemorate that person's life, achievements, or dedication to a particular cause. The Foundation generally works with institutions of higher education to administer scholarship grant funds. The donor may select institutions they would like to have administer the scholarship grant funds as well as selection criteria for the scholarship.
To establish a scholarship fund a minimum of $10,000 is required. However, an endowed scholarship fund requires a minimum of $25,000 for an annual scholarship award.
To obtain a sample scholarship fund agreement, please contact Jennifer Thompson at jenniferthompson@dakmed.org.