Your scholarship contribution provides a gift of knowledge to a deserving Napa Valley College student. Scholarships reward student achievement, encourage student leadership and accomplishment, and provide needed financial assistance. We have two types of scholarships: annual awards that are not endowed and endowed awards.
The cost to an NVC student, for two semesters in Academic Year 2009-10 using the estimated 9-month standard budget amount for a full-time NVC student single/independent or dependent away from home now totals over $17,000*.
Books & Supplies $1,638
Room and Board $10,872
Transportation $1,170
Miscellaneous $2,826
Average full-time enrollment fees $624
* budget figures based on federal, state & local guidelines
Click here for the Scholarship Donation form, print it and mail it to the Foundation office.
Annual Scholarships (non-endowed)
As of July 1, 2006, minimum scholarship award amounts are $300. A donor may name a general scholarship (no criteria) with a minimum $500 contribution; donations of $1,000 or more enable a donor to set broad criteria; and $2,500+ donations may be named with full criteria.
Lily Pineda and Nasrin Aboudamous
- Annual scholarships are generally awarded in the year the money is received by the Foundation.
- These are expendable funds and do not share in the distribution of earnings.
- The donor may establish the criteria for selection of the scholarship recipient(s) or give the NVC Scholarship Committee the opportunity to award the scholarship to a deserving student who would otherwise not be selected.
Endowed Scholarships
The minimum amount needed to establish an endowed scholarship is $10,000. Donors may begin a fund with a contribution of $1,000, provided that additional contributions are made to reach the amount of $10,000 within a five-year period. Once a scholarship fund reaches permanent status, one year is needed to accumulate income sufficient to fund the scholarship award. Prior to activation of the scholarship, all annual interest and earnings from the investment of the fund will be returned to the principle to help achieve the minimum specified amount. A scholarship may be awarded in the academic year a fund is established, only if the donor(s) augments the account by an additional amount that is specified for the scholarship award. If minimum funding ($10,000 or more) is not accomplished within five years after the initial contribution, all accumulated contributions will be placed in a pooled NVCF scholarship endowment fund (a fund which provides awards to high school, continuing and transfer students).
- These funds are restricted for scholarships, which are generally awarded to students on an annual basis each May.
- The donor may establish the criteria for selection of the scholarship recipient(s) or give the NVC Scholarship Committee the opportunity to award the scholarship to a deserving student who would otherwise not be selected.
- Endowed scholarships share in the annual distribution of earnings generated by NVC Foundation investments.
The amount of the scholarship to be awarded depends on the amount of the endowment.
For example: A $10,000 endowment will generate approximately $400-$500 each year.
Investment of the principal of each endowment shall be handled in accordance with Foundation investment policies, with the goal of achieving maximum earnings for each fund. Written records of the performance of each endowment are kept in the NVC Foundation office.
Endowed funds:
List of endowed scholarships
List of annual scholarships
List of non-scholarship endowments
California Community College Scholarship Endowment
Join us in an historic fundraising campaign that is changing the way community colleges raise funds to support students. The Bernard Osher Foundation is helping launch the first statewide fundraising campaign for the California Community Colleges by providing a 1 to 2 match for scholarship contributions until June 2011. The goal of NVC equals $258,000 for a match of $129,000. Click here for more information.
Your support of this endowment will touch many lives in perpetuity. Contributions of $14,000 or more will result in a named fund. Click here for the CCC Scholarship Endowment form. For more information on this opportunity contact Sonia Wright, NVC Foundation Executive Director, (707) 253-3378 or swright@napavalley.edu