The St. Catherine of Siena Scholarship Fund was established in 2022 in order to provide financial support for those seeking a Catholic education at St. Catherine of Siena Catholic School.
Scholarships established in the St. Catherine of Siena Scholarship Fund may be named in honor of someone suggested by the donor and agreed upon by St. Catherine of Siena. This may be a graduate of St. Catherine of Siena, a friend of St. Catherine of Siena, or family member or friend of the donor.
A fully endowed SCHOLARSHIP FUND is $75,000. The annual return on the principal investment provides a partial scholarship each year.
A fully endowed FULL EDUCATION SCHOLARSHIP FUND is $250,000. The annual return on the principal investment from a Full Education Scholarship provides a full scholarship each year.
A minimum gift of $10,000 is needed to start a new scholarship. When establishing a scholarship, the amount may be paid in one lump sum or in installments over a reasonable amount of time. Stock transfers may also be used to support or endow a scholarship.
An endowed scholarship annually provides direct financial assistance to students in need who meet the criteria. The criteria for a funded scholarship can be specified by the donor in agreement with St. Catherine of Siena. Listed below is the criteria for current scholarship funds. The money dispersed is generally taken from interest earned and not from the principle.
If anyone is interested in establishing a scholarship or would like more information about the scholarship fund, please contact Fr. Tim Hedrick in the parish office.