We are deepening our commitment to college affordability by launching a three-year, $15 million endowed scholarship initiative. Of the more than $4.5 million provided to students each year for scholarships, $2.2 million of this total comes from Converse’s 223 endowed scholarship funds. Converse students are known for their commitment to academic excellence.
When you support scholarships, you’re investing in our next generation of leaders, visionaries and problem solvers.
Your Investment Advances the Converse Mission
Your endowment is a permanent, personal way for you to not only make a difference in the life of a student, but to also create a lasting legacy for future generations. Whether you support scholarships, faculty development, study-travel, or other aspects of the college experience, your gift is an investment in the distinct Converse education.
Funding an endowed scholarship creates enduring tuition support and opportunities for talented students with financial need. Endowed scholarships can be established with a minimum gift of $25,000, and they last in perpetuity, making them true investments in Converse and future generations of students.
Impact scholarships are an opportunity to have an immediate impact on students by providing funds which can be disbursed as soon as the following academic year. Impact scholarships help qualified and deserving students pursue their dreams with fewer of the burdens and limitations that come with debt. With a minimum commitment of $2,500 annually for four or more years, these unrestricted scholarships can be awarded in your name or a name of your choosing.
- Unrestricted Endowed Scholarship Fund: $25,000+
- Restricted Endowed Scholarship Fund: $50,000+
- Non-Endowed/Immediate Impact Scholarship: $2,500/year with 4-year commitment
Frequently Asked Questions
What is an endowment? An endowment is a gift to Converse that is invested in perpetuity and produces an annual distribution according to Converse’s endowment spending policy or as specified in the endowment agreement. The earnings are distributed each year in accordance with the donor’s defined wishes.
How long do I have to fully fund my endowment? Donors have a maximum of five years to fund their endowment.
Who will receive my scholarship? The impact and endowed scholarships are awarded to current and incoming Converse students who meet the scholarship criteria. Your scholarship has the potential to support a student throughout their college career.
When will my scholarship begin distributing from its earnings? Once paid in full, the endowment will distribute from its earnings after one full year of being invested.
Briana Bateman ’14
Art Therapy Major
Abney Scholarship Recipient
Former Student Body SGA President
U.S. Senator Tim Scott’s Regional Director
“Receiving a scholarship meant everything to me. With my father being sick and my mother the only one working it was difficult to pay for college. Through the generosity of donors, I was able to receive several scholarships, which made my dream of achieving a Converse education a reality.”
Your philanthropy is an investment in the future for Converse students, researchers, and our global impact.
Every Gift Matters!
Office of Philanthropy
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