Phillip Gursahaney celebrates his academic accomplishment by giving back.
Endowed scholarships, like planned gifts, keep giving long after they're established. When donors create an endowed scholarship, the university invests the donation and offers scholarships based on the interest the investment earns.
Annual scholarships similarly establish a precedent for continued giving. Donors who contribute to a specific or general scholarship fund help establish the future value of these gifts, which are distributed annually.
In each case, the scholarship's founders determine the qualifications that define whether a potential recipient is eligible for the scholarship.
Learn more about both kinds of giving in the next two stories, which share recent scholarship opportunities alumni created for Lynn students today and tomorrow.
Scholarship turns academic study into social action plan that addresses food and housing insecurity on campus.
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