| 1. |
ESTABLISHMENT OF DONOR-FUNDED ACADEMIC SCHOLARSHIPS
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1.1 |
All contributions for the establishment of academic
scholarships, including those accepted by colleges and departments,
will be processed through the Office of Institutional Advancement.
Full reporting and approval procedures for acceptance of private gifts
from all sources, including individuals, foundations, and corporations,
must be followed. |
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1.2. |
Those wishing to establish scholarships are directed
to the Office of the Vice President for Institutional Advancement.
The Office of the Vice President for Institutional Advancement is
responsible for establishing an agreement between the University and
the donor. A copy of this agreement will be forwarded to the Office
of Student Financial Assistance. The Office of the Comptroller assigns
an account number and advises Institutional Advancement and Student
Financial Assistance. Monies to support scholarships are received
in the Office of the Vice President for Institutional Advancement. |
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1.3 |
The responsibility for formally acknowledging all donors'
scholarship contributions and for identifying scholarship recipients
to the donors resides with the Office of the Vice President for Institutional
Advancement. The Office of Student Financial Assistance will provide
assistance in the identification process. |
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1.4 |
In addition, the Office of the Vice President for Institutional
Advancement is responsible for the creation and maintenance of a master
file on all scholarships. The file is to contain all details associated
with specific scholarships, their donors, provisions, and awarding
history. |
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1.5 |
Gifts from donors are used to fund both scholarship
endowments and annual scholarships. |
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1.5.1 |
Scholarship Endowment Endowments are established
to offer a stable source of scholarship funds. The Vice President
for Institutional Advancement will establish minimum funding levels
for endowed scholarships in consultation with the Texas A&M-Corpus
Christi Foundation. |
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1.5.2 |
Annual Scholarships - A donor may decide to give the University
an amount to be used outright for scholarships, instead of creating
an endowment. Annual scholarships are essential to increasing the
number of students receiving scholarships each year. |
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1.6 |
Questions about setting up a scholarship should be
directed to the Office of the Vice President for Institutional Advancement;
inquiries about the administration of scholarships should be directed
to the Office of Student Financial Assistance. |
| 2. |
ESTABLISHMENT OF ACADEMIC SCHOLARSHIPS FUNDED BY GRANTS
FROM EXTERNAL AGENCIES External agencies may award scholarship monies
to particular university programs to advance the goals of those agencies.
The process for establishing grant-funded academic scholarships must
comply with relevant governmental regulations, agency requirements,
and university procedures. This process will be monitored by the Office
of Graduate Studies and Research. |
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| Contact for Interpretation: Vice President for Institutional
Advancement |