Scholarships

Scholarships help NUHS attract and reward outstanding and needy students. Many different scholarships have been established by trusts, individuals, organizations, and companies. With the rising costs of professional education, there is always a need for additional scholarship funds, and donors are encouraged to consider contributing towards one of the established scholarships or creating a new scholarship fund.

General Scholarships

Two general scholarships have been established to address the needs of a broad range of students. These are endowed scholarships, meaning that the scholarships are awarded from the interest earned on the investment. The principal of the funds remains untouched, ensuring perpetuity. These funds were created by pooling many smaller donations and continue to grow from additional donations. Because creating a new named scholarship requires a minimum donation of $25,000, these two general scholarships are ideal for persons with smaller amounts to donate.

National University of Health Sciences Scholarship

The National University of Health Sciences Scholarship is funded by donations from contributors who wish to recognize an accomplishment of the university or to honor a graduate, or deceased family member or friend. Qualifying criteria include: full-time student status in the second or later trimester of study; good academic standing with a minimum cumulative grade point average of 2.20; demonstration of financial need; and demonstrated ability, merit, character, and sincerity of purpose in reaching his or her goals in their chosen profession.

National College of Chiropractic Scholarship

The National College of Chiropractic Scholarship is funded by donations from contributors who wish to recognize graduates or achievements of The National College of Chiropractic (NCC). NCC was the forerunner of the National University of Health Sciences, which was formalized in 2000. Qualifying criteria include: full-time student status in the second or later trimester of study; good academic standing with a minimum cumulative grade point average of 2.20; demonstration of financial need; and demonstrated ability, merit, character, and sincerity of purpose in reaching his or her goals in the chiropractic profession.

Named Endowed Scholarships

To establish an endowed award requires the donation of a minimum of $25,000, which may be given in a lump sum or over a period of time. Endowed awards become operative one year after the minimum level of $25,000 is reached. Scholarship awards are paid out of the interest earned on the endowment, thereby leaving the principal untouched. Endowed awards exist in perpetuity, providing a timeless recognition of the person after whom the scholarship is named.

More Information

To contribute to a scholarship or for more information on creating a new endowed scholarship, please call us at 608-889-6604.

Endowments

Every college or university strives to develop and strengthen its general endowment. Endowed funds significantly add to the strength of the institution by providing a source of revenue through the interest returned on the investment, by providing a solid financial base for the institution, and by ensuring stability of programs. Endowments are invested and only the earnings on the investment may be spent. The board of trustees has established a policy on endowments that directs a portion of the earnings to be returned to the fund, thus leading to a progressive growth of the corpus of the endowment.

The general endowment is an unrestricted endowment, meaning that the University is free to select the best application for use of the investment returns, which might include returning additional interest to the investment to increase the size of the principal, or allocating funds to specific projects or institutional needs. The corpus, or principal, of the endowment remains untouched.