Can donors select scholarship recipients?
Recipients are chosen by selection committees that cannot award a grant or scholarship to any close relative of a donor or a member of the selection committee. In addition, the foundation itself awards some scholarships. The board of directors of the foundation cannot add names to the list of scholarship recipients.
What do most scholarships require?
There are many scholarships with academic requirements. This means that GPA and/or test scores are the main requirement to win the scholarship. While a majority of academic scholarships require students to hold a high GPA, there are a few scholarships that award students for less-than-stellar academic performance.
How do I start a private scholarship?
8 Steps to Starting A Scholarship FundEstablish a budget. Find the funding.Determine who you would like to help, and what criteria will to use to choose winners.Do the paperwork! Set the deadline.Decide how to promote your scholarship.Select the winners.Award the scholarship.