Endowed Scholarships
An Opportunity for Impact
For students excited about the potential of technology, there’s no better place to learn and explore than the University of Michigan College of Engineering. Michigan Engineering offers a rare combination of high-quality engineering scholarship, wide-ranging opportunities and the potential to make a difference globally.
Every year, the College of Engineering attracts some of the brightest applicants from around the world. From this gifted pool, the College admits students that show promise to the University of Michigan community and the world at large: a combination of proven intellect, outstanding leadership potential and well-rounded ability. Once these remarkable individuals are identified, the College makes every effort to insure that the University of Michigan is a superior and affordable choice for their future.
For many students, scholarship support from the College of Engineering makes a critical difference in their decision to attend the University of Michigan. Sometimes scholarships encourage promising students from other geographical regions to apply and study in Ann Arbor. Other times, scholarships play an important role in making the pursuit of a Michigan Engineering degree financially possible. Inevitably, however, scholarships provide a ringing endorsement of the College's confidence in an applicant.
Scholarship Support is Important
Scholarships help students make the most of their time at Michigan and the College of Engineering. Not only do scholarships reward serious study and academic achievement, they also encourage students to take on new challenges and push past old limits. Students often develop a sense of pride earned through accomplishment and establish an early commitment to civic service.
Potential scholars come to Michigan for its outstanding academic reputation, legacy of impact and enormous breadth of learning opportunities. By helping them with their educational expenses, scholarships allow students to take advantage of these benefits without accumulating large debt burdens. Freed from financial distractions, students are able to focus on their education with all the energy and attention this life-shaping endeavor deserves.
At the same time, scholarships play an important role in emphasizing a sense of public duty that is integral to the field of engineering. In conversations with Michigan alumni, scholarship recipients overwhelmingly cite the impact of having an early benefactor in their education and career as a reason for later wanting to multiply the benefit. Scholarships are meaningful gifts that make an immediate impact on the recipient's education, but also establish a lasting relationship between the student and society.
Endowing a Legacy
A named scholarship can be established with a minimum gift of $200,000, payable over one to five years. This gift generates distributions of approximately five percent annually that provide expendable funds for scholarship awards.
The scholarship may be named as the donor appropriately desires, and recipients will carry that name for the duration of their award.
To establish a named scholarship, the donor, the College of Engineering and the University sign an agreement specifying the donor's intent, the gift payment schedule and acceptable criteria for selecting scholarship recipients. While unrestricted scholarships are preferred and offer the greatest flexibility to the College, a donor may specify certain preferences for award criteria.
Profile of College of Engineering Undergraduates (Fall 2008)
- Women: 23%
- Underrepresented minorities: 9%
- Median High School GPA: 3.90
- Median ACT score: 31
- Median SAT score: 1,400
The Need
- Engineering undergrad annual tuition and fees range from $11,807 (in state/lower division) to $37,333 (out of state/upper division)
- 13% of engineering undergrad students receive scholarship support from endowments
- CoE distributed $5,276,747 in scholarships from endowed funds in FY'08
For further information, call the Office of Advancement at (734) 647-7032.
