Matching Programs and Giving Opportunities
A Greater Penn State represents an unprecedented opportunity for alumni and friends to fuel the vision laid out by University leadership for our institution’s future. Through several new matching opportunities, our supporters can multiply the impact of their philanthropy and see both immediate and long-term results from investing in the University and our students.
Scholarship Matching Programs
The Open Doors Scholarship Matching Program — available for one year only!
The Open Doors Scholarship Matching Programs triples the impact of endowed scholarships benefitting students enrolled in one of the five pilot programs designed to help students earn their degrees, reduce debt, and excel at Penn State by matching the donor’s gift with a 2:1 permanent match.
Minimum gift: $30,000, which becomes an endowment of $90,000 with Penn State’s match.
Program timeline: July 1, 2017, through June 30, 2018 or until available matching funds are expended.
The First-Time Endowed Scholarship Matching Program
The First-Time Endowed Scholarship provides a 1:1 permanent match for gifts from donors creating their first undergraduate scholarship endowment at Penn State to benefit students with need.
Minimum gift: $30,000 for a Renaissance Scholarship, which becomes an endowment of $60,000 with Penn State’s match. Other kinds of undergraduate need-based scholarships with higher minimum endowments are also eligible, including awards for honors scholars and student-athletes.
Program timeline: July 1, 2017, through June 30, 2021 or until available matching funds are expended.
The Graduate Scholarship Matching program — available for one year only!
The Graduate Scholarship Matching Programs allows donors to create a graduate scholarship or fellowship at half of the required minimum by providing a permanent 1:1 match to the donor’s gift to reach the full endowment level.
Minimum gift: $125,000 for a graduate scholarship, which becomes $250,000 with Penn State’s match; or $200,000 for a graduate fellowship, which becomes $400,000 with Penn State’s match.
Program timeline: July 1, 2017, through June 30, 2018.