HOW TO ESTABLISH SCHOLARSHIP FOUNDATION

HOW TO ESTABLISH SCHOLARSHIP FOUNDATION

Following is the 7-point strategy you will need to carry out in order to implement scholarship foundation or one time fund raising.

1- Set your objectives, either to support:
A- School going Girl(s)/Boys for 10 years. (Funding needed: 12K per year)
B- College going Girls/Boys for 2 years. (Funding needed: 20K per year)
C- University going Girls/Boys for 4 years. (Funding needed: 50K per yr)
D- One time fund raising for donating Computer, Books, Furniture, Infrastructure (toilets, fans, laboratory equipment etc)

2- Approach your friends/relatives/colleagues and convince them to be part of this program. If you want to support one school going girl and you are employed then I reckon you won’t need any one. You can do it all alone.

3- If needed establish bank account and deposit funding.

4- Outline selection criteria, eligibility, application forms, and terms and conditions for the scholarship. You can use ours or get help from any scholarship foundation.

5- Design the brochures outlining, how to apply, who can apply, where to apply etc. (400 Rs. for 1000 copies that quite enough!)

6- Locate the school/college or university you want to support.

7- Approach the faculty of schools, colleges or universities to cooperate with you in taking applications and interviews for the final selection of the recipient. Or, you can also invite the application at your home and your friends can form interview panel to short list and select the candidate.

I hope this help. If you need any further clarification, you are most welcome to approach me.

Good luck and my best wishes for you with your future project!

Thanks

ps: funding amounts are estimated and consider maximum amount required for tuition fees, books, uniforms and stipend. Would appreciated if someone can provide the accurate information.