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Endowment Opportunities

Scholarship

Endowed Scholarships

To establish an endowed scholarship administered by the HPU Scholarship Committee requires a minimum of $25,000 from individuals or groups. The minimum requirement may be given as a one-time donation or over a five year period. The donor(s) may designate a named award with specific selection criteria.

An endowed scholarship may be established by an outright gift of cash, a gift of securities, a bequest, a planned gift such as a charitable gift annuity, or a combination of giving methods. Corporate matching gifts are welcomed. Contributions may be added at anytime. HPU will work with you to create a scholarship fund which will not only benefit students according to your specific selection criteria, but will also work best for you.

These funds are placed in the University's endowment and invested under the direction of HPU's Board of Trustees - Investment Committee. The Investment Committee meets quarterly to review investment policy, guidelines and performance and retains professional money managers who invest the funds according to those guidelines. Each fund is accounted for separately, but is pooled for investment purposes. The distribution of earnings will be made on a unit basis to reflect each fund's portion of the total.

The principal of each fund will remain intact and reflect market gains or losses or investments or additional principal contributions. Disbursements will be made only within written guidelines provided by you and agreed to by Hawai`i Pacific University. A full year's earnings must have accrued before it can be dispersed to a scholarship recipient. An endowed scholarship will last forever at HPU, benefiting students for generations to come.

HPU endowed scholarships criteria

For Prospective Scholarship Donors

Establishing a scholarship fund is one of the most enduring and meaningful ways an individual or an organization can make a difference in the lives of HPU students. The students of today are the leaders of tomorrow, and your investment in them through scholarships will pay the highest of dividends. Approximately 70 percent of HPU students require some form of financial aid to attend the University. You can help our talented students achieve the education they deserve by sponsoring a scholarship at HPU.

Naming a Scholarship

A scholarship fund can be named after the donor(s), in memory of a dear friend or family member, in honor of an individual or an organization, or in any other way the donor wishes.

Selecting Scholarship Recipients

As the founder of a scholarship fund, you determine the general criteria, with the guidance of the HPU Alumni and University Relations office, by which recipients are selected. These criteria may include college/ department/ program of study, year in school, academic merit, financial need or other characteristics you wish your scholarship recipient(s) to possess.

 Working with donors to establish such criteria, HPU's Alumni and University Relations office will draft a formal "Scholarship Memorandum of Understanding" for the donor's and the University President's approval and signature. This agreement will allow the University to best administer the fund according to the donor's intent. Scholarship funds are administered through the HPU Scholarship Office.

Endowed Chair

An endowed Chair is among the most important gifts to a university, a necessary tool to ensure faculty excellence. An endowed chair provides financial support for use in teaching and research.

Hawai’i Pacific University Unrestricted

Unrestricted endowments are typically added to the University's general endowment but may be designated for a purpose consistent with the University's mission.

For more information please contact Margi Ulveling, Associate Vice President, Alumni and University Relations, (808) 356–5224.