Resources for Alumni Volunteers

Finances: University Fund Types

There are two types of university scholarship accounts:
  • Current Use
    • Funds can be used at any time provided the use aligns with the fund description (NOTE: Funds raised for scholarship may not be used for any general club/society expenses).
  • Endowment
    • Gifts to the principal are not eligible for use each year, the funds generates an annual distribution that can be used in alignment with the fund description.