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?
- More than 40% of students in the Class of 2017 are the first in their family to attend college. First-generation students, like these young women and men at Caldwell, are highly academically motivated, yet they are far more likely than their peers to face financial barriers to higher education.
- With 19 states and 29 countries represented on campus by a 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 skills needed for future success.
- The need for financial aid will increase. 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.
- 98 % of Caldwell students depend on financial support, whether provided by the university, the government, and/or other sources. 95 % of our students receive scholarship support from the university.
- In 2016, Caldwell awarded $19,538,273 in institutional support based upon need and merit. This represents a 51% increase in awards made to students over those awarded just four years ago.
- Despite its substantial investment in supporting students financially, Caldwell’s tuition remains the second lowest among private universities in the State of New Jersey.
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.