Scholarship Challenge for Today and Tomorrow
Northwestern Pritzker School of Law must be a place that welcomes and educates students regardless of financial condition and circumstance. This is a key priority of the Motion to Lead campaign. Our ability to provide sufficient support to ameliorate student need, and thereby keep student loan debt manageable, has been limited—not as a result of wavering commitment, but because of a lack of sufficient funds.
Recruiting Top Students
Recruiting the most qualified students has become an increasingly competitive process. Our peer law schools have bolstered financial aid, leveraging their resources to recruit applicants through substantially more generous aid packages. We must continue to expand our investment in scholarships in order to compete. Our continuing excellence and reputation depends upon our ability to recruit exceptional students to Northwestern, both today and in the future. We must also continue to recruit a diverse student body—diverse educationally, professionally, economically, culturally, and geographically—and this requires augmented investment.
"Growing up as a farmer in a small village in Mexico and then in a low-income home in Salt Lake City made me realize that education is the key to success. As a first-generation low-income student of color, my only way to pay for school has been through scholarships and student loans. For these reasons, this scholarship means that I am able to attend law school despite the fact that my parents cannot contribute to my educational expenses."
— Eduardo Reyes Chavez, JD '16
Recognizing the critical need for additional endowed scholarships, J.B. and M.K. Pritzker designated a significant portion of their extraordinary gift to scholarships. To encourage others to join them in creating endowed scholarships for future Law School students, while also meeting the needs of today’s students, they have established a one-to-two match that provides $100,000 in matching funds to any benefactor who makes a scholarship gift of $200,000 or more. The Challenge is intended to inspire gifts from Law School supporters who share J.B.’s and M.K.’s understanding of the importance of investing in students. Gifts made by these supporters will be matched in two ways—to provide immediate support for current students and to increase each scholarship endowment. The standard matching ratio will be two to one and endowment minimums will apply.
We are launching this Challenge with the goal of establishing several of these scholarships by August 31, 2017, to significantly increase the number of students receiving support, both today and tomorrow. The new scholarships will be named according to the wishes of the new benefactors and the recipients will be notified of J.B.’s and M.K.’s role in the creation of their scholarship. Scholars will be asked to report on their academic progress to their benefactors.
How the Challenge Works
To participate in the Scholarship Challenge for Today and Tomorrow, benefactors must make an endowed gift of at least $200,000. The gift will be met with a one-to-two match, resulting in an additional $100,000 ($50,000 for immediate student support plus $50,000 to enhance the scholarship’s endowment; see chart below for more details). And while this Challenge is intended to foster the creation of new endowed scholarship funds at the $250,000 level, we may be able to offer the two-to-one match for larger commitments.
Gifts may be pledged and paid over a period of time no longer than five years. Scholarships created as part of the Challenge will be named for the donor, or for a family member or friend the donor wishes to honor. All donors will receive an annual report on the status of their fund as well as some details about the student(s) it supports. In addition, the Law School’s Development office will work with donors to facilitate introductions to their scholars during the academic year.
"I came to Northwestern because of the generous scholarship I was offered but what I ended up receiving was so much more than that. I had a wonderful experience, received a great education, enjoyed extraordinary teachers, met my husband, and made lifelong friends who have enhanced my professional and personal life. Northwestern has become a part of my DNA and I can honestly say that whenever they call, I say 'yes' I want other students and future attorneys to have the same opportunity I have had."
— Terri Mascherin, JD '84; Partner, Jenner & Block
Taking the First Step
For more information please contact Anthony J. Tangora, Senior Associate Director, Major Gifts, at 312.503.6391 or email@example.com.