Institutional Partners
Strong grantee school partnerships are fundamental to our grantmaking as funds are awarded to the schools who in turn disburse grants to selected scholars based on our scholar eligibility criteria. Our aim is to partner with schools that have a proven record of educating economically disadvantaged students, graduating them little or no debt and graduating them into good paying jobs that serve the community.
Grant Cycle
LCU Fund grants are made for one-year at a time with a competitive funding process implemented annually. The LCU Fund does not accept unsolicited grant proposals.
Matching Grants
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To maximize housing support for low-income scholars, the LCU Fund encourages all grantee schools to provide a match. Grantee schools with endowments of at least $10M with $35,000 or more per enrolled scholar provide a minimum of a 50% match.
Grantee Schools Eligibility
All applicant schools must be accredited by a nationally recognized accrediting body, offer degrees in LCU Fund-priority fields of study, be registered as a not-for-profit (501C3) and operate in the five boroughs of New York City.
Geographic Scope of Giving
The LCU Fund awards grants to selected four-year colleges or universities, arts academies or conservatories; public or private in the five boroughs of New York City – that offer provide undergraduate and / or graduate degrees in the Fund's priority fields of study.
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Grantee School
Visits
Each year, the LCU Fund's Board of Directors conducts a site visit at funded institutions which includes a conversation with school leadership and a meet and greet with funded scholars.
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