Campaign for Opportunity Scholarships

Community colleges are the open door to higher education for 4 out of 5 young Americans. For most, the price of attending a community college is not only affordable, but also the deal of a lifetime. Students receive high quality instruction that leads to either a significant increase in wages or access to some of the most prestigious universities in the country. For too many students, however, even the affordable option of a community college can be an overwhelming financial obstacle.

That is where the gift of a scholarship can change the trajectory of a life. The MiraCosta College Foundation’s vision is to ensure that no one is denied access to higher education because of financial need. Our immediate aim is to build a $1.5 million endowment to ensure that generations of students can reach for and achieve a college education.

Matching funds available

MiraCosta College, together with its foundation, launched and completed phase one of the Campaign for Opportunity Scholarships this past academic year. Generous donors made gifts totaling $500,000, which will be used as matching funds to expand scholarship endowments by $1.5 million.

The campaign is now in phase two and ready to match new gifts for endowed scholarships on a 2-to-1 basis. For example, a gift of $16,500 will be matched by the foundation with $8,500—enabling the donor to establish a full $25,000 endowed scholarship.*

How will $1.5 million in new scholarship endowments benefit students? In the first year alone, the new endowments will generate 60, $1,000 scholarships—helping 60 students achieve their educational goals.

*Please note: We recognize that our match is slightly in favor of the donor. We have established these numbers to encourage the creation of $25,000 scholarships, which will generate a full $1,000 annual scholarship.

 

It’s easy to participate!

All gifts for new endowed scholarships to support students with financial need will be matched on a 2-to-1 basis. In other words, for every two dollars donated, the foundation will match that gift with one dollar.

You can make a gift of any amount to our general endowed Opportunity Scholarships Fund and that gift will be matched on a 2-to-1 basis.

Consider establishing a scholarship with matching funds specifically designated for nursing or horticulture.

You can also set up a named, endowed scholarship, for example:

Why are scholarship endowments important?

Endowments are gifts that just keep on giving. Over 50 years, based on conservative estimates, the funds will have paid out more than $3 million in scholarships to 3,000 students and the principal of the endowed funds will be valued at about $3.8 million.