To provide additional support for students, the University has extended its matching gifts program. The Michigan Matching Initiative for Student Support will match gifts of $50,000 to $1 million for endowed scholarship funds with the match providing $1 for every $4 gift.
Eligible gifts must support new or existing student-support endowments that provide direct student support for undergraduates, graduates, or professional students. (Internships also may apply if they are directly related to a degree program.) Direct student support is defined as reducing a student’s cost to participate in degree-related programs. Financial need is a preferred but not required criterion for all scholarships matched through the program. Gifts may be designated to support scholarships on a university-wide basis or for a specific college, school or program. Contact John Balbach, senior director, development and campaigns, (734) 764-1715, for more information.
Groups of up to four donors may pool their gifts for matching funds. Pledges are payable over a maximum of five years from the date a gift agreement is signed. Matching funds will be applied as pledge payments are received.
The maximum match per household remains $250K. A fully signed gift agreement is required to reserve matching funds. All matching funds will be applied to the donor’s gift record as recognition credit. The Matching Initiative will end on June 30, 2016.
Creating powerful academic and experiential opportunities for students is a top priority for the U-M College of Engineering’s transformational campaign currently underway. Find out more about supporting students in the Victors for Michigan campaign.