The SIUE Foundation supports SIUE's Premier Scholarship Programs through endowed scholarships that help support the students in these programs. These Premier Scholarships are the Chancellor's Scholarships and the Presidential Scholarships.
The Chancellor’s Scholars and the Presidential Scholars Programs are two of the many programs that demonstrate Southern Illinois University Edwardsville’s commitment to excellence in undergraduate education. Chosen for their academic records and their special talents and abilities, the undergraduate students in these programs exemplify the potential of SIUE’s student body.
Through Chancellor’s Scholarship Endowments and Presidential Scholarship Endowments, these programs offer opportunities for concerned individuals, organizations and corporations to support SIUE’s commitment to excellence in undergraduate education.
Participating in these Premier Scholarship Programs enrich the students, the donors, and the University by bringing together the elements that encourage and create progress, knowledge, excitement, resourcefulness, commitment and success.
What do Chancellor's and Presidential Scholars receive?
Students selected for these programs receive many benefits which including full-ride scholarships which cover in-state tuition for up to 15 credit hours per semester, mandatory fees, housing (shared room in residential hall), and a meal plan. These scholarships are awarded to entering freshmen and are renewable for up to 8 semesters as long as the recipient continues to meet the program's criteria.
How do you qualify for one of these scholarships?
The process includes submitting an application file. Then, several applicants are brought on campus for on-campus interviews and information sessions. Once the interviews are complete, the review committee will make their selections and the scholarships will be offered. An application is available on-line for these scholarships at http://www.siue.edu/financialaid/scholarships/institutional.shtml
Generally, the Chancellor's Scholarships are designed to encourage students in the top 10% of their high school graduation class to attend SIUE. High school valedictorians, salutatorians and students with high test scores and grade point averages are counted among the recipients. Presidential Scholars are awarded to Illinois residents who have completed honors and advanced placement courses in high school, have achieved at least a 29 ACT score, and have earned a 3.75 high school grade point average or higher.
What does it take to create a Chancellor’s Scholarship or Presidential Scholarship Endowment?
Endowments for these programs may be established through the SIUE Foundation either by making an outright gift in the amount needed to fully fund the endowment or by making an annual contribution to the endowment that causes the endowment to be fully funded within five years.
The purpose of the endowment is to create a gift that will carry out the donor’s wishes in perpetuity. Following the SIUE Foundation’s Investment Policies, the principal of an endowment is never expended. Instead, the principal is invested to create income that is used for the scholarship.
Each endowment bears the name of the donor unless the donor chooses to name the scholarship in honor or in memory of someone. When establishing the endowment, donors may also indicate preferences for awarding the scholarship, such as preferences for students seeking degrees in a specific field or for students who live in a specific geographic area.
Currently, Chancellor's Scholarship Endowments and the Presidential Scholarship Endowments require a minimum of $125,000.