Creating a New Scholarship
Information for Faculty & Staff
If you would like to create a scholarship, we recommend establishing a Memorandum of Understanding (MOU) with the following components to assist you through the process:
- Purpose: The statement of purpose enables all those involved to have a common understanding of the goals for the scholarship.
- Criteria: Decide what criteria you want for your scholarship. Examples of specific criteria are: GPA, academic standing, year in school, major, undergraduate or graduate, minimum number of units.
- Funding: State where the initial funding will come from and any restrictions on how the funding is to be used. For instance, if there is $10,000 in funding, scholarships are to be in increments of $2,000. Also, decide where the funding will be housed (i.e. CSULB Foundation).
- Administration: You must decide who will administer the scholarship including promoting the scholarship, receiving the applications, preparing the selection packets for the committee, securing a selection committee, tallying the results and awarding the scholarship. Contact the Coordinator of University Scholarships if you would like the Center for Scholarship Information to assist in the administration of your scholarship.
You will also want to create an application form to accompany the MOU. Be sure to create a clear and simple form that is accessible to all CSULB students. The easiest way to accomplish this is to create one application form for all scholarships within your college or department. We also recommend including a checklist if you are requiring additional materials such as letters of recommendation and transcripts.
For further assistance in creating a scholarship program, contact the coordinator of university scholarships.
