Endowment

Gifts to the university's endowment are carefully invested to yield a steady, reliable source of income in perpetuity. Endowment income provides financial stability and allows the university to implement long-range plans. The amount to be spent, called the payout rate, is set by the Board of Trustees to secure and increase the endowment's buying power.

Student Scholarships
Endowed scholarships permanently funded by alumni, parents and friends provide an important source of financial aid for SLU students. SLU hopes to increase significantly the number of endowed scholarships in order to recruit and retain the best students.

Faculty Support
A strong endowment enables St. Lawrence to offer competitive salaries, maintain the faculty at an optimum size, bring in visiting artists and lecturers, and support teaching and research -- all of which are essential to attracting and sustaining an energized and productive faculty and enriching the academic experience for students.

Named Endowment Funds
Often donors wish to associate their philanthropy with certain types of public recognition. The University has established minimum fund levels required to name endowed funds for a variety of purposes across the spectrum of institutional priorities. Donors may take as many as five years to reach the minimum levels for their fund.

Endowment Fund Minimums

Faculty

Professorship $2,500,000
Head Coach's Position $1,500,000
Lectureship $150,000

Student Scholarship, Enrichment, & Experiential Learning

Scholarship - Unrestricted $100,000
Scholarship - Restricted $150,000
University Fellowship – full award $150,000
Travel/Research Grants $50,000
Internship $100,000