Creating endowment funds leaves a permanent, positive legacy that play a significant role in keeping our academic programs relevant and at the forefront of science, engineering and mathematics education.
Gifts to the endowment expand opportunities for Rose-Hulman to:
- Attract and retain high-caliber faculty and students
- Enhance student scholarships and financial aid
- Keep costs to attend the #1 School of Engineering affordable to all students
- Fund academic programs that best prepare students for careers with a hands-on, practical education
Naming Opportunities - Faculty Positions
Named Academic Department Chair - $3,750,000
A fully endowed Academic Department Chair will generate approximately $187,500 each year in earnings supporting and recognizing a teacher-scholar leading Rose-Hulman in an important administrative and faculty role, as well as programs within that academic department.
Named Endowed Faculty Chair - $2,500,000
A fully endowed Faculty Chair will generate approximately $125,000 in annual earnings, enabling Rose-Hulman to honor faculty members who have established a national reputation in their area of expertise. Endowment income will supplement the salary budget, as well as provide an annual professional spending account to support research, teaching and professional development.
Named Endowed Faculty Professorship - $1,000,000
A fully endowed Faculty Professorship will provide $50,000 annually to allow the Institute to honor its most gifted teacher-scholars. In addition to augmenting the salary budget, earnings from the endowment will provide annual stipends in support of research, teaching and professional development.
Name Endowed Faculty Fellow - $500,000
A fully endowed Faculty Fellow will provide $25,000 each year to enhance Rose-Hulman’s support of faculty research, teaching and professional development.
Naming Opportunities - Student Scholarships
Gifts to create endowed student scholarships affect the lives of many students and make it possible for Rose-Hulman to attract and enroll talented students, regardless of their financial circumstances.
Named Endowed Full-tuition Scholarship - $1,500,000
A fully endowed Full-tuition Scholarship will provide $75,000 annually to attract and retain the highest caliber of student to Rose-Hulman.
Named Endowed Partial Tuition Scholarship - $1,000,000
A fully endowed Partial Tuition Scholarship could help several students attend Rose-Hulman with $50,000 in annual earnings.
Named Endowed Scholarship - $50,000 or more
The minimum gift commitment to establish a Named Endowed Scholarship providing approximately $2,500 in financial aid to a deserving student. Scholarship aid increases as the named endowed fund increases in value. A $100,000 endowed scholarship would generate approximately $5,000 in annual earnings, a $250,000 endowed scholarship provides $12,500 each year, and a $500,000 endowed scholarship approximately $25,000 annually in financial aid to deserving students.
There are aspects to consider when defining scholarship criteria:
- Need-based scholarships help students who otherwise might not be able to afford a Rose-Hulman education;
- Merit-based scholarships attract exceptionally able and promising student scholars to Rose-Hulman;
- Geographic-based scholarships attract students from specific geographic areas; and
- Departmental scholarships provide aid to students in specified academic disciplines.
Alumni Class Scholarships - $50,000 or more
The Alumni Class Scholarship program was initiated as a way for classmates to combine their efforts and create an endowed scholarship fund. Each fund is named for the class year (for example, the Class of 1940 Scholarship) as a true and lasting legacy of the class.