Scholarship Endowments
The Mountaineer Athletic Club’s Athletic Endowment Fund (AEF)
represents a long-term resource that can help offset the fi nancial strains of providing scholarships to WVU student- athletes. There is no better way to have your name, or that of a loved one, permanently associated with Mountaineer Athletics. Endowments come from the heart and they all share a common goal - insuring the future of WVU athletics for generations to come.
Endowed gifts are held in perpetuity. The West Virginia University Foundation invests the initial gift, which must be a minimum of $50,000, payable over a maximum five year period. The Department of Intercollegiate Athletics may then only spend a portion of the annual investment return to offset the rising costs of scholarships. The remaining annual investment return is added back to the principal as protection against inflation. Those who support the AEF can take pride in the fact their gift truly makes a difference. It supports our student-athletes in the classroom and in competition for generations to come.
Over 140 individuals and corporations have supported the Athletic
Endowment Fund since 1990. Endowment totals for athletic scholarship fund reached $28 million in 2005-06. The overall goal for the AEF will be to perpetually endow more than 350 athletic scholarships offered by WVU.
Endowment Breakdown
Scholarship Total Cost (per/yr)
Full Scholarship (out of state).....$19,600.00
Endowment: $492,000.00
Tuition and Fees (out of state).....$12,875.00
Endowment: $321,875.00
Full Scholarship (in state).....$11,300.00
Endowment: $282,500.00
Tuition and Fees (in state).....$4,164.00
Endowment: $104,000.00
Full Scholarship - represents room/board, tuition and fees.
Tuition and fees - represent just the tuition and fees for a full time student
(12+ credits).
On campus recognition is offered to all endowment donors in the Puskar Center and the Coliseum. AEF donors also qualify for recognition in the MAC All-American Society.
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