INCREASING SCHOLARSHIPS, SUPPORTING STUDENTS
$6.2 MILLION
For more than a century, Golden Gate has given working adults the opportunity to complete college degrees, move from clerical to professional positions, and start professional careers. For alumni who went to school on Golden Gate Avenue in the 1930s and 1940s, an extra $100 in financial support from our school made all the difference. While the dollar amounts have gone up considerably, the heart of the matter hasn’t changed: We strive to help our students afford the education we deliver.Each year, the demand for help grows. More than 80 percent of all students apply for financial aid, which consists largely of federally guaranteed loans. Myriad factors have caused a significant increase in demand for financial assistance in the recent past. More workers are seeking the education and training they need to qualify for new positions. Tuition assistance provided by employers has declined. We strive to keep tuition affordable by increasing it at a lower rate than our regional counterparts, but we are in an increasingly competitive environment. We cannot cut corners; we must continually invest to keep pace with advances in the industries for which students are preparing and ensure we offer the high-quality education for which we are known.A significant percentage of GGU students are from low-income families. In fiscal year 2000–2001, 42 percent of the students applying for aid reported household incomes of less than $23,000, requiring significant financial assistance. To ensure we can help our highly qualified students further their educations and careers, we must do more. There are two ways to provide scholarship support to GGU students:
Endowed scholarships
A permanently endowed scholarship provides funds to award scholarships each year in perpetuity. A minimum gift of $100,000 is required to establish a permanently endowed scholarship at GGU. This is an investment in GGU's future: It will enable countless generations of students to experience the finest available professional-practice education.
Annual scholarships
Contributions to annual scholarships are paid out in financial assistance to qualified students during the year in which the contributions are made. A $25,000 gift each year for four years provides $5,000 in scholarships to five students during the course of an academic year.
As part of its capital campaign, GGU expects to raise $6.2 million for scholarships, composed of $5.2 million for 52 new $100,000 endowed scholarship funds and $1 million for 200 additional annual scholarships.
THE COMMITMENT
To continue to provide working adults with the practical skills and knowledge they need to succeed and to uphold our tradition of social and economic diversity, we at GGU must provide the financial assistance our students require. To do so, we must rely on the commitment of our alumni and friends to contribute the $6.2 million needed to increase scholarship assistance to support students.
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Prospective Students
