MATCHING SCHOLARSHIP PROGRAM
The University of Dallas accepts designated DFW parish gifts for UD students up to,
but not exceeding, $2,000.00 per academic year for a total of 8 semesters, per
student scholarship, beginning August 1, 2009. The following is a list of scholarship provisions and requirements for the UD parish
matching gift program which must be completely reviewed by each participating
parish:
1. The scholarship program applies to full-time undergraduate students only.
2. The scholarship program only matches funds from parishes within the Dallas or
Fort Worth Dioceses only DFW parishes.
3. Gifts from denominations (e.g. Knights of Columbus, Newman Society, etc.) or other
parachurch
organizations (e.g. Campus Crusade for Christ, Focus on the Family, etc.) are not
included in this matching gift program. This is a matching gift scholarship program
for individual DFW parishes only.
4. Scholarships under this policy are applicable for the fall and spring terms only.
Scholarships may only be used for current student accounts (within the last 12
months) and not for past bills on student accounts.
5. Before a scholarship gift is made to UD, the parish must determine that this scholarship
program is within its benevolent and charitable purposes. Then, the treasurer
or priest may recommend a specific student for the scholarship, although the
ultimate discretion regarding which student(s) from the church will be awarded
the scholarship funds resides with UD.
6. The recommended student must have been an active member in his or her parish. The student must meet the admissions standards of University of Dallas and possess
a record of ecclesiastical or community service.
7. Checks should be made payable to the University of Dallas. Notation should be
made on the parish check identifying the student who is recommended to receive
the scholarship by name and social security number. Checks should be sent to
the UD Office of Financial Aid.
8. Scholarship funds given to UD by the parish regarding a recommended student cannot
originate with the student or the student’s family member(s), such as parents
and grandparents, nor can the funds be a “pass through” gift specifically benefiting
a designated student. The parish must explain to individuals who contribute to
the scholarship fund that federal law, particularly the Internal Revenue Code
and relevant IRS regulations, restricts the ability of family members to financially
support relatives who are students through scholarships for the purpose of obtaining
or creating a tax benefit. Contributions to the scholarship funds for which a
tax benefit will be sought should not be motivated by a desire to assist a specific
student, but rather a general desire to assist students from the parish who are
pursuing their education at UD. Any questions regarding this issue should be
independently directed to a competent attorney, CPA, or tax consultant.
Please note that no provisions of this policy constitute or may be relied upon as
legal advice to a parish or individual.