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Scholarship/Financial Aid
In 2007, the Scholarship/Financial Aid endowment was established with a $50,000 pledge. When fully funded, this endowment will provide income to support the financial aid program of Sabot at Stony Point. For the 2011/12 school year Sabot at Stony Point has offered $115,550 in financial assistance to help qualified students who could not otherwise afford to attend. Scholarships are funded, in part, by tuition and significant support from alumni, parents, & friends, along with income from endowment.
Endowment
An endowment forms the capital strength of a school by providing long-term stability and flexibility. The principal of the endowment is invested, and the income from this investment enables a school to plan prudently, rather than simply react. Endowment is the financial cushion needed to keep tuition affordable. Gifts to the endowment are permanent assets of the school and give Sabot at Stony Point the resources to respond to long-term needs. Multi-year pledges are encouraged. Over time, as these pledges are fulfilled and become actual cash gifts, the School's endowment will grow.
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