Scholarship Support
The 2011-12 year reflected the 7th year of the Imagine the Impact Campaign. Gifts, pledges and deferred commitments for the Campaign exceeded $148 million toward the $150 million goal. To date, over $58 million has been raised for student scholarships.
Included in this total were several gifts directed to the UNI Foundation endowment. The five-year rolling average for gifts and deferred commitments increased to $6.8 million.
In 2012, the scholarship commitment of the UNI Foundation to the University increased significantly due to a larger than usual transfer for intercollegiate athletics and a one-time transfer for general scholarships.
In spring of 2012 the Board of Regents, State of Iowa, in response to a request from the Iowa legislature, formed a Task Force to devise a plan to eliminate the tuition set-aside program over a five year period. This plan will be approved in the fall of 2012. It is likely that the tuition set-aside will disappear and another benchmark will be needed for this objective.
# | Indicators | 2009-10 Baseline | 2010-11Year 1 | 2011-12Year 2 | Y3 2012-13Target |
1 | Outright gifts and pledges to the UNIF endowment (expressed as 5 yr averages) | $3,826,141 | $5,845,503 +52.8% | $6,220,125 +6.4% | 5% increase over prior year |
2 | Dollars transferred from the UNIF to UNI for scholarships (may change to 5 yr averages next year) | $2,281,000 | $3,321,000 +45.6% | $3,879,470 +16.8% | 5% increase over prior year |
3 | Tuition set-aside dollars allocated to scholarships | $12,794,000 | $14,358,000 +12.2% | $14,805,817 +3.1% | See explanation in text above re: change |
President UNI Foundation, Development & Alumni Relations