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Support Needed

Annual Fund
One of the most important sources of funding for the college is the support received from donors making annual gifts. This type of giving can be unrestricted and utilized for all the operational needs of college or gifts can be targeted for a specific academic area.

Endowments (Naming Opportunities)
Behind every endowed scholarship, chair or professorship is a unique individual or family with a desire to make a difference through education. Named endowments and gifts enable you to honor a loved one, advance the study of an important field and demonstrate your support for the college. Possibilities for named endowments begin at $10,000 and include a wide range of opportunities from naming scholarship and faculty endowments, classrooms, programs, centers and even the building.

 
  Endowed Center $5,000,000
Endowed Program $3,000,000
Endowment funds are crucial to helping support educational centers and programs in the college. Presently, the college has plans to secure donors to endow centers and programs focused on the following research and disciplines: Financial Investments, International Business, Healthcare Management, Entrepreneurship and Family Business, Energy Commerce program, and the MD/MBA program.

Endowed Chair $1,000,000
This is one of the most prestigious endowments at any college. The income from the endowment is spent to supplement the chair holder's salary, as well as provide additional income for special purposes that complement the particular professor's work. The endowment can also help provide funds for a professor to hire graduate students to assist in research projects. Funds could also be used to purchase special research equipment not available through the annual budget. If the chair is for research, income could be utilized for that purpose as well. The chair would last in perpetuity and always supply income to the designated college or program.

Endowed Professorship - $500,000
This endowment is a smaller version of the Endowed Chair. It is a wonderful method to reward junior faculty who are doing an outstanding job of teaching in their particular field. The income from this endowment would be utilized more frequently in the supplementation of salaries and less frequently for the other purposes available through an Endowed Chair.

Endowed Lectureship $200,000
This endowment provides funds in perpetuity to offset expenses incurred in bringing distinguished lecturers in a particular field to the college to speak to students and faculty.

Research Endowment $100,000
These funds will be named after the donor and will be used to support research in particular academic areas and on topics of research specified by the donor, agreed upon by the respective academic dean and the university provost.

Graduate Fellowships $100,000
Endowed Graduate Fellowships will provide stipends to help attract top quality graduate students to study at the Rawls College. These stipends may be awarded in addition to other assistantships and scholarships the student may have won. The college hopes to attract the brightest and most qualified for our graduate degree programs.

Presidential Endowed Scholarships $100,000
Presidential Endowed Scholarships for undergraduate study are awarded to outstanding entering freshmen on the basis of academic achievement, leadership and community activities. Academic achievement is to be measured initially by the ACT or the SAT scores (current minimums are an ACT score of at least 32 or a SAT score of at least 1400) or by qualification as a National Merit finalist, and by maintaining a B+ or higher average during the junior and senior years of high school.

Honors Endowed Scholarships $50,000
Honors Endowed Scholarships are awarded to outstanding entering freshmen that are just below the level of Presidential Scholars. The scholarships are awarded on the basis of academic achievement, leadership and community activities. Academic achievement is to be measured initially by the SAT scores (current minimum of 1280). The recipient must be a member of the Texas Tech University Honors Program. Experience shows that these students possess the work ethic and the potential to succeed in their chosen fields.

University Endowed Scholarships $25,000
University Endowed Scholarships are also awarded to outstanding entering freshmen that are just below the level of Honors Scholars. The scholarships are awarded to students with SAT scores above 1100. The scholarships, while small in dollar amount, could have a major influence in convincing a potential student to attend Texas Tech and could enable a student to remain in school instead of dropping out in order to work.

Unrestricted Endowments $10,000 or more
These endowments can be established for scholarships or to provide annual support for a program. These types of endowments are extremely valuable in meeting the needs of the college.

Please contact us with any questions or to let us know how you would like to support the Rawls College of Business.