WHY SUPPORT SCHOLARSHIPS?
In 1939, Caldwell Opened Its Doors with the Mission of Educating Underserved Students. At that time, those students were Catholic women. Today, Caldwell’s mission remains the same: To provide an outstanding education in the Catholic Dominican tradition to a talented and diverse group of students, including and especially those from underrepresented backgrounds.
DID YOU KNOW?
- 55% of students in the Class of 2019 are first-generation, which means that both parents (or single parent) have no college degree. First-generation students, like these young women and men at Caldwell, are often academically motivated and skilled, yet they are far more likely than their peers to face financial barriers to higher education. According to the Center for First-Generation Student Success, first-generation students may also have difficulty navigating the “hidden curriculum” of college procedures, policies, and expectations.
- With 21 states and 33 countries represented on campus by an undergraduate student body that is far more ethnically diverse than many of the university’s peers, Caldwell is an incubator in which the next generation of leaders can learn, exchange ideas, and develop the skills needed for future success.
- 79% of all full-time undergraduates were awarded need-based aid (from the government, university and/or other sources) during the 2018-19 academic year. Much of what makes Caldwell a place that welcomes diversity can be attributed to an unwavering commitment to sustaining a strong financial aid program. Because scholarships are a priority, we must grow our capacity to support our students, anticipating a future in which their financial aid needs will increase.
- 99% of first-time-full-time freshmen received grants and/or scholarships from the university during the 2018-19 academic year. Overall, in the same year, Caldwell University students received a total of $52,500,752 in financial aid and $28,878,456 in institutional grants and scholarships. This is an increase of $5,324,216 and $5,173,209, respectively, since the last fiscal year.
- Despite its substantial investment in supporting students financially, Caldwell University’s tuition remains low. More than half of New Jersey’s private colleges have higher sticker prices of tuition and fees, ranging from $30,000 to $52,000 a year. Caldwell is in the bottom half, with tuition and fees costing $34,715 for the 2018-19 year.
TYPES OF SCHOLARSHIPS
Endowed Scholarships: Donors who wish to leave a lasting legacy in the form of supporting student scholarships at Caldwell University are encouraged to consider establishing an endowed scholarship. Endowed Scholarships can be named in memory of honor of a loved one with a minimum gift of $25,000 which may be given in installments over a period of multiple years. The initial donation used to establish an endowed scholarship remains in perpetuity while a portion of the interest earned is awarded annually in the form of student scholarships.
Annual Scholarships: Donors who wish to have an immediate impact and lessen the financial burden on our students may establish a named scholarship by making an annual gift of $2,500 or more. Annual scholarships are awarded to students during a donor’s lifetime.