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Krannert Development

Scholarships

Student Scholarships

There are several scholarships available to qualified freshmen, sophomores, juniors, and seniors. Please view the Scholarship Resource Center more information.

Donor Scholarship Agreement

  • Establishing a scholarship in the School of Management at Purdue University can be done by completing a Scholarship Agreement Form. We would like to encourage any prospective donor to call the Krannert Development Office at 765-494-9057 or 800-893-4108 for guidance in completing the form.

  • The completed document should be sent to the address at the bottom of the form along with a check or money order made payable to the Purdue Research Foundation. Gifts made by credit card will need to be made through the Office of Development.

  • The Scholarship Agreement may be modified at a future date, if desired, but only after an award cycle has been completed in which the current criteria was advertised.

  • If there are any questions regarding the criteria to be used, you may contact the Krannert Development Office for assistance.

  • The minimum scholarship award is $500.

Endowed Scholarships
  • An endowment is a gift that is held in perpetuity and invested in a manner that protects the principal from inflation. The investment income provides a stable funding source for such purposes as scholarships, professorships, lecture series, and research centers. Endowments increase Purdue’s institutional autonomy and provide it with the resources it needs to stay at the cutting edge. Endowment donors have the opportunity to have a lasting influence on the University’s character and to honor or memorialize loved ones, friends, colleagues, teachers, or other individuals.

  • A minimum of $25,000 will establish an undergraduate scholarship endowment (a minimum of $50,000 for a graduate scholarship endowment) and can be funded over a five-year period, using cash, securities, and personal or real property. Income received from the endowment will be added to the principal until such time that the principal reaches the minimum amount needed. Thereafter, the income will be used to fund scholarships, with the minimum scholarship being $500.

  • Specific tax and financial benefits that can be received as a result of a gift will depend on what type of asset you give and how it is transferred to the University. We recommend an attorney or accountant be consulted for advice on the legal and tax implications of any gift that is made.

  • Contact the Krannert Development Office for more information or to receive our “Endowments and Planned Gifts” brochure.

Annually-funded Scholarships
  • An annually-funded scholarship may be of any amount (with a minimum being $500 each); may be given to any number of recipients; and be named for the donor, a business, or in honor or memory of a person designated by the donor.

  • The Scholarship Agreement form must be completed and sent to the Office of Development at the address at the bottom of the form along with a check made payable to Purdue University or the Krannert School of Management.

Other Scholarships
  • A General Scholarship Fund for the Krannert School of Management was established to receive gifts of any amount and the funds used to support additional scholarships. No agreement is required for this type of gift.

In accordance with Purdue policies, all persons have equal access to Purdue University's educational programs, services and activities without regard to race, religion, color, sex, age, national origin or ancestry, marital status, parental status, sexual orientation, disability or status as a disabled or Vietnam-era veteran. For a more complete statement of Purdue's policies of equal access and equal opportunity, visit www.purdue.edu/purdue/ea_eou_statement.html. If you have any questions or concerns regarding these policies, please contact the Office of the Vice President for Human Relations at vphr@purdue.edu or (765) 494-5830.