Fund a Scholarship

Establishing a scholarship will provide funding for deserving students in need while offering a valuable sense of recognition and accomplishment. These awards have a tremendous impact on students' lives, often making a crucial difference in a young person’s future. Contributions to scholarship funds are completely tax-deductible.

With 95% of NWACC graduates living and working in Northwest Arkansas after completing their coursework, investing in our students directly benefits our community. Scholarships empower deserving students to further their education and provide them with the essential tools to create a better life for themselves and their families.

Annual Scholarships

A named, annual scholarship provides direct funding that is renewable each year. To name a scholarship with specific criteria, a commitment of $5,000 over five years is recommended, with a minimum annual gift of $1,000 due by the end of December of the year before the next academic year.

In accordance with the policy of the NWACC Foundation established by its Board of Directors, a 5 percent administration fee will be assessed on contributions when they are received and managed by the NWACC Foundation.

Endowed Scholarships

When you establish a named, endowed scholarship, you establish a permanent resource that will impact NWACC students now and for future generations. The ongoing revenue generated from the investment of the endowment ensures lasting benefits for future students.

Endowments may be established with a minimum of $25,000 by individuals, families, businesses, organizations, or trusts. The endowment will exist in perpetuity and be invested for long-term growth while providing an annual income to the designated program or scholarship. Endowment funds must be invested for a minimum of one year before any income is available for program or scholarship support.

Step 1.

Contact Us to Discuss Your Scholarship

call us at (479) 619-4184 or info@nwaccfoundation.org to schedule a meeting.

Step 2.

Draft Scholarship Agreement

We will work with you to draft a scholarship agreement that reflects the relevant purpose and criteria.

Step 3.

Tax Receipt and Acknowledgment Letter

You will receive an acknowledgment confirming the scholarship's establishment and regular pledge reminders if applicable.

Step 4.

Meet Scholarship Recipients

The annual Scholarship Breakfast event allows donors to meet and engage with students who have received scholarship awards. Invitations will be sent via mail and email several months before the event.

The NWACC Foundation does not offer tax, legal, or accounting advice. This is for informational purposes only and is not intended to provide or be relied upon for such advice. Always consult a tax professional to determine the specific tax benefits that may arise from any type of charitable gift.

NWACC Foundation's Tax Identification Information

Please use the following legal name and tax identification:

Northwest Arkansas Community College Foundation, Inc.
One College Drive
Bentonville, AR 72712
Tax ID Number: 71-0697377

View our IRS tax-exemption letter.