Note on Endowments
Opportunities listed on the Student Awards Web Site that are identified as being "endowed" (see under the Description of each opportunity) are financed by investment income generated by gifts to the university. The university will grant up to a maximum of 4 percent of the value of these endowments, depending upon the amount of interest income generated on an annual basis. Consequently, these opportunities may or may not be available during any particular academic year due to the nature of financial markets. The values quoted for these opportunities on this web site represent the maximum amounts that may be available, not the actual amounts that will ultimately be granted.