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An annual gift of $5,000 or more will create a named scholarship at Lakeland. The Advancement Office will work with donors to develop criteria for a named scholarship, and donors will have an opportunity to meet their scholarship recipients each year.
A gift of $20,000 or more will establish an endowed scholarship at Lakeland. Approximately 5% of the endowed gift will be awarded in perpetuity. Thus, an initial gift of $20,000 will generate a $1,000 scholarship each year. The Advancement Office will work with donors to develop criteria for the endowed scholarship, and donors will have an opportunity to meet their scholarship recipients each year.