How are the trademark licensing royalties used?
The royalties generated from the commercial use of NC State’s marks support athletic scholarships, merit scholarships, student need-based financial aid,and study abroad scholarships and help build the licensing endowment fund, less the actual administrative expenses of running the program. The administrative expenses include maintaining the legal requirements of trademark registration, addressing product infringement, supporting the Fair Labor Association efforts to provide better working conditions in factories that produce licensed products and maintaining the Trademark Licensing Office. During the past five years, more than $2.1 million has gone to scholarships and over $1.9 million has been added to the licensing endowment fund.
