Iona College is fortunate to have generous donors who contribute funds to provide endowed scholarships to assist students in meeting their educational goals. Donors establish the guidelines and eligibility for each specific scholarship, as well as the amount permitted. Endowed scholarships are scholarships for which the disbursements are based on earnings from the invested donations. The "corpus" is invested and a portion of the interest earned each year funds the scholarship award. Thus, the "corpus" remains part of the College's endowment in perpetuity.

Endowed scholarship award renewal is not guaranteed and is subject to both financial market fluctuation and continued student eligibility. Please note that the receipt of an endowed scholarship may result in a decrease in Iona College institutional aid.

Students must complete the Endowed Scholarship Application available on line for each scholarship you are applying for. Additionally you must attach a copy of the scholarship criteria which can be found on line at Undergraduate Catalog. Once you have completed the application, please fax it to Student Financial Services at (914) 633-2096. We begin awarding our endowed scholarships in October of each academic year.