At NICC 87% of the students receive some form of financial aid. Scholarships are vital for students to bridge the gap between the resources and their needs in order for them to see things once invisible and to do things once impossible through education.
Scholarships have been established by philanthropic individuals, companies and service organizations to benefit NICC students. These scholarships can take on many different forms and can be designated to one of the many programs at NICC.
An Endowed Scholarship - established to honor or celebrate the life of an individual or a corporation desiring to form a partnership with the college to provide a permanent funding base from which scholarships can be awarded. Once the account principal has reached an agreed upon level, annual awards are made from the interest earned.
An Annual Award Scholarship - established by donors who wish to contribute a yearly amount and that amount is awarded in full during the same year as donated.
Combined Annual/Endowed Scholarship - established so that scholarships can be awarded immediately while an endowed account is created over a pledge/payment period of several years.
A Memorial Scholarship - established in memory of or in honor of a particular person. If the fund is set up as an endowment fun, monies are available in perpetuity for generations of deserving students or the gift may be set up as a scholarship fund, the principal will be distributed as outlined in the guidelines you establish.
Community Scholarships - established for community donors to be recognized at all levels of giving for their support in establishing scholarships supporting education and NICC student.
For more information on establishing a scholarship contact: Barbara O'Hea, Assistant to the President for Resource Development Northeast Iowa Community College 10250 Sundown Road Peosta, IA 52068