
The Annual Fund is vital to Saint Mary’s mission to educate women to make a difference in the world. Income from tuition covers 80% of the College’s annual operating expenses. Additional revenue is provided by earnings from the college’s general endowment fund, summer programs and miscellaneous rentals.
The Annual Fund provides the College with the additional resources needed to meet the most important financial need of the College—financial aid and scholarships for its students.
A strong Annual Fund strengthens Saint Mary’s College:
The Annual Fund Year is a yearly campaign that runs concurrently with the fiscal year of the College, June 1–May 31 and invites alumnae, parents and friends to support Saint Mary's students in their pursuit of a premier education.
Why Support The Annual Fund?
The Annual Fund contributed close to 21% of the money needed for financial aid and scholarship packages last year.
Every gift of every size matters at Saint Mary’s. The cumulative effect of many small gifts makes a significant impact over time. The percentage of alumnae or alumni giving is one of the factors used to compare peer institutions. That percentage of participation is seen as an indicator of alumnae satisfaction with their alma mater. Increasing our alumnae giving participation will increase Saint Mary's standing in publications like U.S. News & World Report, which many prospective students use to determine where they will attend college. Corporations and foundations also use alumnae participation when awarding grants.
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Think About This...
The average cost for one three credit course at Saint Mary’s is $1,421. • If 100 alumnae, parents, and friends gave $15 to The Annual Fund this year this would pay for one three credit course for a student needing financial aid and scholarships. • If 100 alumnae, parents, and friends gave $50, this would pay for three courses for one student. • If 100 alumnae, parents, and friends gave $100, this would pay for tuition for one semester for a student. All gifts make a big difference! |
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Over the past ten years, the Annual Fund has experienced continuing growth, this past year the Annual Fund raised close to $2.29 million.
This year our goal is $2.3 million—we need your gift, small or large, to reach this goal.
You can make a difference one gift at a time.