The Norwich Fund
Unrestricted funds are the bedrock of Norwich, fueling everything from core daily operations to innovative opportunities and strategic priorities. They also provide crucial resources that allow the university to respond to unforeseeable events and urgent needs in a timely manner. To increase the impact of our programs and continue thriving even during uncertain circumstances, we will continue building this source of flexible current- and future-use support.
Norwich strives to increase accessibility while preserving its preeminence in higher education. Improving the affordability of a Norwich education remains essential. Furthermore, with the economic stresses posed by COVID-19, scholarships are needed now more than ever. Scholarships are key to attracting and retaining top students, further cultivating Norwich’s reputation of excellence.
Term: The scholarship will provide annual income, which, together with a withdrawal from principal, will support a student(s) for approximately ten years.
Endowed: Endowed funds are invested and managed as a permanent financial asset producing annual income in perpetuity.
Income Share Agreement (ISA): An ISA is an agreement between a school and student that provides the student with education funding. In exchange, the student agrees to pay the university a fixed percentage of his or her future income for a fixed period of time, up to the agreed-upon cap.
Technology continues to launch us into the future and spur innovation, always changing how we learn and work. It’s crucial that we’re able to accommodate online courses and provide interactive resources that create a modern, flexible hub for learning. Additionally, Norwich is distinguished for cyber education and technology, as one of the first universities to receive the National Security Agency’s designation as a Center of Excellence in Information Security Education. In order to stay ahead of the curve for the university as a whole, we must respond to cutting-edge technological demands as they arise. Our technology endowment will provide this foundation, ensuring the maintenance and updating of campus resources.
Like technology, the delivery of academics is ever-evolving. Since our founding in 1819, Norwich has championed an integrative and experiential approach to education, creating the best possible learning environment to train today’s students to be tomorrow’s leaders. Our investment in academics will accommodate change and enrich the Norwich experience on a number of fronts, such as providing more opportunities for student research, leadership, and integration of academics with professional fields. By engaging with academics in unique and interesting ways, students become multifaceted citizens of the 21st-century world.
Planned gifts are a meaningful way of leaving a lasting impact at Norwich. Whether through gifts of bequests, annuities, or trusts, your generosity provides a reliable and thoughtful source of support that promotes the university’s future.