DIXIE STATE COLLEGE OF UTAH

POLICIES AND PROCEDURES MANUAL


Section: 7-Institutional Advancement

Policy No: 25

Approved: 9/26/96

Policy: STANDARDS AND PROCEDURES FOR NON-ENDOWED FELLOWSHIPS, SCHOLARSHIPS, MEMORIAL, AND LOAN FUNDS

7-25 STANDARDS AND PROCEDURES FOR NON-ENDOWED FELLOWSHIPS, SCHOLARSHIPS, MEMORIAL, AND LOAN FUNDS

25.1 PURPOSE

To outline the responsibilities and the procedures for establishing non-endowed fellowships, scholarships, memorial, and loan funds.

25.2 POLICY

25.2.1 Non-endowed fellowships, scholarships, memorial, and loan funds made possible by private support to Dixie State College will be established by the Institutional Advancement Office in accordance with college policy and in conjunction with the Office of Financial Aid and Scholarships.

25.2.1.1 Each program will have a statement of purpose that will include the fund's objectives, conditions, selection procedures, application procedures, and application dates.

25.2.2 The Institutional Advancement Office will process all gifts to non-endowed fellowship, scholarship, and loan funds.

25.2.3 The Office will send thank you letters to donors of these funds in accordance with standard gift processing and acknowledgment procedures, and will ensure that the donors receive a report, at least once each year, on the status of the fund.

25.2.3.1 The report will include the names of the fund recipients and, when possible, written "thank you's" from the recipients to the donors.