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How is the amount necessary for a scholarship endowment calculated?

April 26, 2017calculated endowment necessary scholarship

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How is the amount necessary for a scholarship endowment calculated?

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“I Have a Dream”® Foundation provides scholarships for each Dreamer who earns a high school diploma or GED certificate. The Sponsors’ scholarship commitment is based on the value of in-state tuition at Colorado State University (CSU) which is Colorado’s land grant college. IHAD bases scholarship calculations on the tuition of the land grant university in each state. In almost all cases, tuition costs increase each year and a percentage for those increases is built in as well.