How to Fund a Scholarship

Your alma mater needs you.

Your alma mater needs you. Alumni giving hasn’t recovered to pre-financial-crisis levels, and colleges and universities must wage even tougher battles to wrest money from fiscally strapped states. You may feel pinched yourself. But you can still make a big impact if you magnify the size of a scholarship fund by rallying others to your cause. Collective giving has become more common in recent years, universities report.

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Bob Frick
Senior Editor, Kiplinger's Personal Finance