Educational Foundation :: Scholarship
Establish a Scholarship
How much does it cost to attend Virginia Western Community College?
Tuition rates below are as of Fall 2015 and subject to change. Estimated In-State Tuition: $157.09 per credit hour. For more accurate information please visit the tuition rates and fees.
|Average Cost Per Year|
|Full-time tuition (24 credits)||$3,770.16|
|Books and Supplies||$1,200.00|
How much does it cost to establish a scholarship?
There are two types of scholarships:
You may fund a named scholarship on an annual basis that awards the entire amount during the year in which you give it. This requires a minimum contribution of $1,000 per year.
You may fund a named scholarship that will continue to help students and leave a legacy for your family or organization. An endowed scholarship, which may be funded over a maximum of five years, provides funds for tuition, books and/or other related expenses for qualifying Virginia Western students. The Educational Foundation has established the following targeted goals for scholarship endowment levels: $60,000 Endowed Scholarship Goal (fully funds tuition for a full-time student) and $30,000 Endowed Scholarship Goal (funds one-half of the tuition for a full-time student). These funds are invested and conservatively earn an average of 8 percent annually, which grows the fund and the scholarship award amounts over time.
How can I designate the type of student who receives my scholarship?
There are many ways to tailor your scholarship to reach the students you most want to help. The Foundation staff will consult with you regarding the criteria you wish to establish. The following are several examples:
- Financial need
- Academic achievement
- Full-time or part-time students
- Returning or first-time students
- Specific expenses (e.g., tuition, books, examination fees, living expenses, day care)
- Your company's employees and/or their dependents
- Students from a particular area (e.g., Franklin County, Roanoke City)
- Students who volunteer in the community
- A particular field of study (e.g., engineering, liberal arts, health care)
- Future profession (e.g., architect, teacher, nurse)
Will I meet my scholarship recipient?
Yes, the Educational Foundation will notify you of your scholarship recipient each semester the scholarship is awarded. You will have an opportunity to meet the student at the annual Scholarship Awards Ceremony held during the spring semester. We can also arrange individual meetings with donors and their recipients.
Is there a fee to administer my scholarship?
Yes, administrative fees are assessed on all restricted contributions to assist in facilitating the scholarship process. Endowed donations are annually assessed a 1.5 percent fee. Non Endowed donations are assessed a 5.0 percent fee upon the receipt of the gift.
Who do I contact to receive more information?
Coordinator of Development
3093 Colonial Ave., SW
Roanoke, VA 24015
Fishburn Hall, Room 214 C
Phone: (540) 857-6281
Fax: (540) 857-6370
Location: Fishburn Hall, F214
All users: 711
3093 Colonial Ave. SW
Roanoke, VA 24015
Mon-Fri: 8:00 AM-5:00 PM