Support our Scholarship Fund because every gift, small or large, impacts the availability of money for our students from Sarasota-Manatee who are attending Cornell and who demonstrate need for financial aid. The fund and choice of students are administered by the university.
Currently, Cornell tuition is $62,456, plus $17,088 for housing and dining and $3,752 for books, fees, and miscellaneous expenses for a total of $83,296, excluding transportation.
Local students with demonstrated financial need are given assistance with a combination of grants (such as from our fund), loans, and work-study.
In honor of the club’s 65th anniversary and as part of our “65 for 65” campaign, we have set a goal that 65% of our member households contribute a gift of $65 or a multiple of that number to the scholarship fund this year. Please consider a gift now and help us reach our goal.
To learn more about the amazing local students who recently graduated or are currently attending Cornell, login to membership news to view the presentation that was shown at our January luncheon where we honored our local students and their parents/guardians.
To donate by check:
To donate electronically, clicking the donate button below will take you directly to Cornell's giving site for our fund; please check to see if your company will match:
Your tax-deductible gift qualifies you for Class and Cornell Annual Fund credit as well as applicable matching gift programs. Cornell University is a 501(c)3 non-profit organization.
How Our Fund Works
The Cornell Club of Sarasota-Manatee Scholarship Fund is an endowed scholarship fund, administered by Cornell and used to supplement the financial aid given to our local students. Cornell collects the gifts and designates them for local students, decides how to invest the money and how much money is paid out each year, and determines which local students receive the money. Cornell gives over $333M in aid each year and approximately half of all students receive some sort of financial aid. The mean amount given is $45,000.
Cornell manages endowed funds like ours to last in perpetuity. To this end, each year Cornell allocates a percentage to determine that year’s payout amount. Below are the numbers for our fund:
Amount Given to our Fund in Calendar Year 2021: $5,735
Market Value of Fund as of 9/30/2021: $533,591
Payout for Fiscal Year 2021: $17,387
Projected Payout for Fiscal Year 2022: $17,089