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  • Home
    • Welcome Message
    • ZNEF History
    • About Z-NEF
    • Board of Managers
  • Zeta Phi Beta Sorority, Inc.
  • ZNEF Programs
    • Community Service Programs
  • Scholarship
    • Centennial Scholarship Recipient
    • Scholarship Updates
    • Online Application Requirements & Procedures
    • Scholarship Timeline
    • Scholarships & Descriptions
    • Scholarship List
    • Past Recipients
      • 2019 Recipients
      • 2018 Recipients
      • 2017 Recipients
  • Support
    • Revenue Sources
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ENDOWED SCHOLARSHIP

  • Local chapters, Sorors, Amicae or individuals, with approval of the Board of Managers, may set up a separate Scholarships endowment fund through the National Educational Foundation (NEF) with a minimum of $40,000.
  • If the investment is less than $40,000, all funds for the endowment will be deposited in the Foundation’s Endowment Account.
  • The local chapter, Soror, Amicae or individual may continue to contribute to the scholarship endowment account, and once the contribution reaches $40,000, the local chapter, soror, or individual may request that a separate endowment account be established.
  • ​Only the interest on the separate endowment account will be available for the local chapter, soror, or individual to designate a scholarship award, after the account reaches $40,000.
  • The local chapter, Soror, Amicae or individual shall mail the completed Endowment Scholarship Award Request to the Treasurer of the Foundation, when requesting the award of a scholarship.
  • The requesting entity must assure that the awardees meet Foundation requirements.
  • Local chapters, Sorors, Amicae, or individuals must allow a minimum of six weeks for processing the request.

NAMED SCHOLARSHIP

  • Any chapter, Soror, Amicae or individual desiring to have a named scholarship (a one time, or yearly scholarship issued in the name of a specific person) must make an initial minimum contribution of $5,000.00 and execute an agreement with the Foundation to continuously fund the scholarship, if it is to be given beyond the initial scholarship.
  • The named scholarship will be administered by the Foundation, and will only be awarded if the commitment for funding is kept.
  • Relatives of the donor of an endowed named scholarship are not eligible as recipients of that scholarship. Relatives of members of a chapter that establishes an endowed named scholarship are not eligible as scholarship recipients of that scholarship.

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Copyright © 2019
  • Home
    • Welcome Message
    • ZNEF History
    • About Z-NEF
    • Board of Managers
  • Zeta Phi Beta Sorority, Inc.
  • ZNEF Programs
    • Community Service Programs
  • Scholarship
    • Centennial Scholarship Recipient
    • Scholarship Updates
    • Online Application Requirements & Procedures
    • Scholarship Timeline
    • Scholarships & Descriptions
    • Scholarship List
    • Past Recipients
      • 2019 Recipients
      • 2018 Recipients
      • 2017 Recipients
  • Support
    • Revenue Sources
    • Membership Support
    • Endowments
  • Contact Us