Students Talking

Scholarships and Grants

Endowed student scholarships are a critical component of the Iona Forever campaign. Merit- and need-based scholarships will enable Iona to continue to offer an affordable education and provide students with an opportunity to pursue higher education regardless of their economic status. Without a significant endowment, it is a challenge to offer support for academic and extracurricular life without increasing tuition.

If you are a student or relative of a student who is looking for financial aid, please contact Student Financial Services at (914) 633-2497 or sfs@iona.edu for more information.

Endowed and Restricted Scholarships

The feature that distinguishes an endowed scholarship from other types of donations is that the gift is preserved so that it will last indefinitely. Typically, the scholarship honors a donor’s loved one or the donor him/herself. When an endowed scholarship is established, the money is invested. Iona will never withdraw any of the principal. Only the interest earned is used to fund the scholarship. This makes and endowed scholarship a permanent gift.
 

The DeFeo Family Endowed Scholarship

  • Established in 2006 by Ron '84 and his brother Philip '68
  • To date, 38 students have been recipients
  • Eligibility requirements: academic achievement & financial need
  • DeFeo Scholars are among Iona’s best and brightest students

students accepting scholarship

Restricted Scholarships

A restricted scholarship generates awards based only on the fund’s principal. Normally, the entire scholarship is awarded during an academic year. The donor must continue to replenish the scholarship every year in order for an award to be granted.

Endowed Scholarships at Iona College

  • Over 100 endowed scholarships
  • Awards range from $500 to $50,000
  • 2016-2017 academic year, over 100 recipients
  • Some scholarships have one recipient, others have multiple recipients

Establishing a Scholarship Fund at Iona

  • Minimum threshold is $50,000
  • A five-year pledge with an annual gift of $5,000 is an alternate giving option
  • Establish criteria: financial need, academic achievement, area of study or athletic involvement, or a particular region or high school
  • The Office of Student Financial Services selects recipients
  • Iona has the final authority to approve and implement terms that satisfy both the donor’s and Iona’s interests

Donors may wish to make a gift to any already established scholarships:
  • Endowed Scholarships
  • Restricted Scholarships
  • Recipient Thank You Notes
Annually, donors receive a handwritten thank you note from their scholarship recipient(s). In some instances, the donor also has the opportunity to meet the recipient who has benefited from their generosity.
scholarship thank you letter
  • Endowed Scholarship Awards and Funds

    • The Alfred and Eleanor Alasia Family Endowed Scholarship Fund

    • The Grant Archibald Endowed Scholarship Fund

    • The Louis F. Avitabile '84 Endowed Scholarship Fund

    • The Sophie Biddy Endowed Scholarship Award

    • The Michael and Lillian Bruno Endowed Scholarship Fund
    • 
The Dominick J. Carbone Endowed Scholarship Fund

    • The Chase Manhattan Foundation Endowed Scholarship Fund
    • 
The Frances and Frank Conese Endowed Scholarship Fund
    • 
The Consolidated Edison Company Endowed Scholarship Fund

    • The Arthur Crames Endowed Scholarship Fund

    • The Richard and Maureen Cummins Endowed Science Scholarship
    • The DeFeo Family Endowed Scholarship Fund
    • 
The Kenneth Dolan Endowed Scholarship Fund

    • The Brother Egan Endowed Scholarship Fund
    • 
The John F. English '52 Endowed Scholarship Fund

    • The Ronald Federico Endowed Award
    • The Beatrice and John Flaherty Endowed Scholarship Fund

    • The Patrick J. Foley '57 History Endowed Scholarship Fund
    • 
The Forster Educational Endowed Scholarship Fund

    • The Peter ’69 and Karen ’73, ’85MA Gannon Endowed Scholarship Fund

    • The John P. Gill '56 Endowed Scholarship Fund

    • The Joel A. Halpern Memorial Endowed Scholarship Fund
    • 
The Mary and Anna Hannan and John Kane Pre-Medical Endowed Scholarship Fund

    • The William Randolph Hearst Endowed Scholarship Fund
    • 
The Hennessy Endowed Scholarship Fund

    • The IBM Minority Student Endowed Scholarship Fund

    • The Iona College Alumni Association Endowed Scholarship Fund
    • 
The Owen Leonard '67 Endowed Scholarship Fund
    • 
The James B. Lloyd CSP '68 Endowed Scholarship Fund
    • 
The Lucretia Stanco-Mann and Edward T. Mann Endowed Scholarship Fund
    • 
The Patrick J. Martin ’62 Endowed Scholarship Fund

    • The Catherine H. ’71MA and Hugh J. McCabe ’49 Endowed Scholarship Fund

    • The Michael V. McCarroll ’73 Endowed Scholarship Fund
    • 
The John J. McFadden '49 Endowed Scholarship Fund
    • 
The McNally Family Endowed Scholarship Fund
    • 
The Thomas P. Murphy '57 and Helen Murphy Endowed Scholarship Fund

    • The Charles E. Netsch Endowed Scholarship Fund

    • The Eileen O’Reilly Endowed Scholarship Fund

    • The Grace and Salvatore Palestro Endowed Scholarship Fund
    • 
The George and Margaret Pappas Endowed Scholarship Award
    • 
The Robert Paschel '67 Endowed Scholarship Fund
    • 
The Msgr. Peters/Bernard Gallagher Endowed Scholarship Fund
    • 
The Stephen V. Reitano '72,'75MBA Endowed Scholarship Fund

    • The Blessed Edmund Rice Endowed Scholarship Fund

    • The Heinz Riehl '99H Endowed Scholarship Fund
    • 
The Eleanore and Lawrence Riley Endowed Scholarship Fund
    • 
The George Roche Memorial Endowed Scholarship Fund
    • 
The Robert Schoenherr Memorial Endowed Scholarship Fund

    • The James M. Slattery '65H Endowed Scholarship Fund
    • 
The Brother Patrick N. Synan Endowed Scholarship Fund
    • 
The Transamerica Foundation Endowed Scholarship Fund

    • The Theresa and Onofrio Vaccaro Endowed Scholarship Fund
    • 
The John J. Verrier Endowed Scholarship Fund

    • The Valerie Vidile Memorial Endowed Scholarship Fund
  • Restricted Scholarships

    • The Anthony DiCairano Facilities Fund
    • 
The Bernard and Dorothy Layton Foundation Scholarship Fund

    • The Maruna Internet Scholarship Fund

    • The O’Connor Family Scholarship Fund
    • 
The Edward F. O'Reilly Scholarship Fund
    • 
The Mary Jane and Peter Scanlon '52, '92H Scholarship Fund

    • The General Frank R. Schwengel Scholarship Fund

    • The Wachovia Foundation Scholarship Fund

    • The World Trade Center Alumni Victims' Restricted Scholarship Fund


For more information

Scholarships

Paul J. Sutera, senior vice president for Advancement & External Affairs, at (914) 637-2710 or psutera@iona.edu.