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Our University relies on our alumni and friends to provide for long-term needs. The future of Saint Francis depends upon endowment contributions -- funds that will continue to generate income year after year -- making sure that educational opportunities and vital programs will remain in place for future generations of Saint Francis students. Planned gifts can be a wonderful way to help the University increase our endowment.
A gift to the endowment fund is a gift to Saint Francis University's future. This money is the principal in the University's investment portfolio that continues to generate income, supporting future generations of students. Only a calculated portion of the interest is used by the University, ensuring that the principal will continue to work indefinitely. The University's investment policies are structured to allow the University to satisfy donor goals and to generate sufficient interest over time to grow the principal, keeping pace with inflation. A pledge may be accepted for the establishment of a named endowment.
View the amounts required to create an endowment.
Endowed Chairs serve multiple needs at Saint Francis University including maintaining a faculty of distinction, encouraging scholarship among faculty and students, providing for visiting lecturers, granting financial aid to students, and generally enhancing scholarship and the teaching process.
Established in 2001 by Saint Francis University alumni, Joseph ’58 and Marguerite (Scharpf) ’60 DiSepio, the endowment is committed to raising the level of excellence within the computer science department. The endowment funds faculty development, a distinguished lecture series, student internship programs and research and practices in the field of security and information assurance.
Established in 2006 by Saint Francis alumni John S. ’64 and Sheila (Widmer) ’65 Connors, the endowment is named in honor of Dr. Albert Zanzuccki, professor emeritus and former chairman of the business administration department. The endowment is used to attract outstanding senior scholars and recognized business leaders to lecture and teach at the University, honor a distinguished Saint Francis faculty member, fund faculty and student research programs and other purposes as advised by a chair committee.
Established in 2013 by Saint Francis alumni Louis P. DiCerbo '59, the endowment is named in honor of University President, Fr. Gabriel J. Zeis, T.O.R. The endowment is used to attract national Franciscan and Roman Catholic scholars to the University, develop a professor-in-residence program and offer workshops. Each year the University will recognize a male and female who shows act of charity, love, and care for all of creation, along with service to the needy. This endowment will encourage all of us to live the type of lives that exemplify characteristics of St. Francis, St. Clare and Dorothy Day.
Financial aid packages for Saint Francis students consist of scholarships granted by generous alumni and friends of the University. Keeping Saint Francis affordable to students is a top priority. Endowed scholarships are a permanent solution to the financial aid dilemma. Saint Francis presently offers 125 endowed scholarships and the income from those scholarships helped 195 students this year.
Donors may create a named endowed scholarship fund in memory or honor of a friend or loved one or leave a legacy with their name that will become a permanent addition to the Saint Francis University endowment. Donors of endowed funds are provided with annual financial reports on their funds and a description of the activities, students, and programs they benefit.
A number of named scholarships and awards are granted to entering students according to established guidelines. In order to apply for the endowed scholarships, students must complete the Saint Francis University Application for Admission and be accepted to the institution. Students must also complete the Free Application for Federal Student Aid (FAFSA) annually. No further action is needed. The Office of Financial Aid and the Office of Admissions form a committee to determine eligible recipients for endowed scholarships. When students are selected for an endowed scholarship, they will be contacted by the Office of Financial Aid and the Office of Advancement. Click to view the endowed scholarships available.
For more information on Endowed Scholarships, please contact: Robert J. CruscielVice President for Advancement (814) 472-3021
Saint Francis University117 Evergreen DriveP.O. Box 600Loretto, PA 15940