Appalachian State University New Scholarships
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Appalachian announces new scholarship fund
Hundreds of scholarships are currently available and new ones are added every month as the number of students and costs of tuition increase.
Rita Clarice Hale Neal left $100,000 to Appalachian State University to set up a scholarship fund in the name of her stepson James Michael Neal.
This scholarship fund was developed to award one or more undergraduate students.
“The minimum amount [to start a scholarship fund] is $10,000. Obviously the amount of income that amount can produce is much more than the normal,” Associate Vice Chancellor for Development David C. Taylor said. “We will invest the assets to produce income for as long as Appalachian State University is around. This amount can gain around $4,000 a year for scholarships,” Taylor said.
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http://theapp.appstate.edu/content/view/2739/43/
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