AAUW Local PRESENTATION Scholarships: Best HEADLINE Practices for Best Results Presentation Subhead Gloria Blackwell Vice President, Fellowships, Grants, and Global Programs The Importance of Educational Funding Students need support now more than ever. • Rising costs of tuition and other academic expenses. • Approximately two-thirds of all college students graduate with student loans with an average of $26,000 per borrower. • The Project on Student Debt estimates that 206,000 Americans graduated from college with more than $40,000 in student loan debt during 2011. • The unemployment rate for college graduates in 2011 was 8.8%. – Four-year college graduates are experiencing less unemployment and earning higher salaries than their counterparts with only a high school diploma. There is a process… • Establish a committee • Decide what type of scholarship(s) should be offered and their selection criteria • Funding Source • Recruitment & Application Process • Selection & Award • Alumnae Outreach & Program Assessment Establish a committee Role of the committee: • To set policies and guidelines. • To guide the criteria and process. • To define your mission and your goals so that the motivation and purpose of your program is clear and specific. Type of scholarship(s) and selection criteria • Find out what other local funding exists and where gaps exist. • What level? High school, undergraduate, graduate, technical school, etc. • Based on financial need, academic achievement, high school attended, intended major, and/or geographical location? • Will you provide assistance for tuition only, or with for expenses as well? • How long is the commitment--renewable, or single year award? • How many awards? • How much per award? • University-based? Funding Source • Need to raise funds annually? – Give out scholarship every two years? – Will this be a part of the committee’s role? • Funded via a trust, endowment? – Endowment through College/University Fundraising Best Practices • Comply with IRS rules on charitable contributions: http://www.irs.gov/publications/p526/index.html • Ensure that you are being transparent about your selection process • Consider setting up relationships with local Colleges and Universities • Remember: AAUW National is liable and responsible for the branches and their fundraising activities Recruitment & Application Process • Plan your time frame for announcing the program, distributing and accepting applications, and allocating awards. • Criteria may determine outreach strategy (i.e., continuing student-advertise at local univ, HS student-go to HS guidance office). • You want to fairly and fully publicize the applications process. • Decide on online application, receiving documents, transcripts, etc., plus verification. Selection & Awards • • • • Evaluation Committee Evaluation Criteria Notification of Awardees Documentation and payment Program Assessment & Alumnae Outreach • Staying in touch with Recipients – – – – – – Feature in newsletter Invite to events Spring break contact Send holiday cards Mentor/job advice Solicit program feedback • Networking with each other and AAUW • Use for applicant recruitment