Scholarship Initiative
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.
By removing financial burdens, scholarships have provided me time to build new connections with Converse professors and coaches – as well as make friendships that will last a lifetime.”
Class of 2024 student
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
Impact scholarships have an immediate impact on students by providing funds that can be disbursed as soon as the following academic year. Impact scholarships help qualified and deserving students pursue their dreams with fewer burdens and limitations of 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.
“Thanks to Converse scholarships, I will be the first person in my family to graduate from college. I can focus on my education and campus opportunities without worrying about financial burdens.”
Business Administration & Studio Art Double Major Krissa Gaines ’25
Giving Levels
- Unrestricted Endowed Scholarship Fund: $25,000+
- Restricted Endowed Scholarship Fund: $50,000+
- Non-Endowed/Immediate Impact Scholarship: $2,500/year with 4-year commitment
Investing in the Next Generation
Karen Mims ’22
History Major
Lettie Pate Whitehead Foundation Scholarship Recipient
“Receiving scholarship support has enabled me to pursue my dream of obtaining a Converse education. Life can take unexpected turns, and due to unforeseen circumstances, I was hit with some hefty bills as a student. Thanks to scholarships, my fees were covered, which lightened my financial burden, and allowed me to maximize my college experiences and take full advantage of opportunities, like serving as President of the Student Government Association.”
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.