By establishing a scholarship with St. Clair College, you can support one or more of our 14,000 full-time students on their post-secondary journey. Scholarships are awarded to deserving students who have satisfactory academic standing and who meet any additional eligibility criteria.
The St. Clair College Foundation Board manages the general scholarship program and is proud to award our students more than $500,000 annually through generous contributions from our donors. These awards provide students with a strengthened foundation for their studies.
There are two types of awards that a donor can establish:
An Endowment can be established where the funds are invested by the College Foundation and the earnings are used to provide scholarships to students in perpetuity. A minimum of $20,000 is required to establish a named scholarship.
An Annual award where a donor (company, organization or individual) provides funds each year to the college for a scholarship to be given in their name.
In either case, donors may request that certain criteria be established for their scholarship.
For example, criteria may include:
- Minimum Grade Point Average
- Year of Study
- Program Area
- Community/College Involvement
- Financial Aid
Applications are available for students to apply from October 1 to mid-December. Selections for all scholarships are made in January. The selection committee is made up of faculty members from each area of study, staff from the Registrar's Office and staff from the Foundation Office.
Each year we honour our students and donors at our scholarship award ceremonies, donors are invited to attend, meet, and present their scholarship(s) to the deserving students.
For more information on establishing a scholarship, fill out the form below:
*This below form is for donors interested in establishing a scholarship, any students interested in applying for a scholarship should access their Student Information System to complete an application between October 1 and mid-December each year*
FAQs About Establishing a Scholarship
Yes. The St. Clair College Foundation is a registered charitable organization. We provide our donors with tax receipts for their generous contributions.
Yes. Donors may choose to select their recipient; arrangements can be made with the Advancement Office.
An annual scholarship is year-to-year, this provides donors with the freedom to renew, pause or suspend their scholarship as required, or as funds are available.
Financial endowments are funds donated to an institution which are invested to create an enduring stream of revenue, year after year. The principal of the gift is invested, and a portion of the investment income is used annually to fund specific initiatives. The endowment principal is held on a permanent or long‐term basis. Endowments may be restricted, meaning the endowment is subject to restrictions, limitations, etc. if requested by the donor and agreed to by the Foundation.
A sizeable endowment creates sustainability and affords the Foundation the opportunity to plan strategically for the long term. It provides the stability to advance the Foundation’s place in the community. A strong endowment is a key component to assist the Foundation in attracting potential new donors.
The Foundation Board is responsible for the oversight of its endowment investments with advice and recommendations from its Investment and Audit Committee. All members of the Investment and Audit Committee bring financial expertise and experience. The committee is supported by St. Clair College administration and an investment manager.
The minimum initial principal donation to establish an endowment is $20,000.
Payouts from an endowment will not begin for at least one year from creation. This will permit the fund to generate revenue to allow a payout to be made. While the endowment is growing, donors could make regular contributions to support payouts until the time when the endowment can generate enough income to sustain the donor’s intentions.