Promoting the Value of Knowledge
Remember that brother who always put in the extra effort? The one you bet would make it big no matter what? There’s a guy like that in every class, and you can still put money on his chance of success just by contributing to your Chapter Scholarship Fund. It’s really not a gamble because your tax-deductible donation not only ensures that the brothers who deserve scholarships will get them; it also contributes to the well-being of the entire chapter.
As a designated account, managed by the Foundation, these funds are carefully invested with 5% of the year-end account balance available for the chapter to use for scholarships. When you support your Chapter Scholarship Fund, you impact current undergrads and give your chapter—and the men in it—a chance to excel and reach their academic potential.
Fund Balances
Chapter Scholarship Fund balances and account information can be viewed at the Phi Psi Portal. Once logged in, click “My Chapter,” in the top menu bar to see your chapter’s information.
Disbursement Request
Chapter Advisors, House Corporation Presidents, and Chapter Scholarship Fund Contacts are able to complete an online disbursement request, recommending the recipients be approved to receive scholarships from the Chapter Scholarship Fund. The Trustees of the Foundation will then vote to approve those students’ awards, so that money may be disbursed from the CSF to the students’ university tuition accounts. The chapter should allow 4-6 weeks from the time of application until the award(s) are reflected in each student’s tuition account.
Disbursement request forms are available through the Phi Psi Officer Portal. Once logged in, click “Disbursements” in the left menu bar.
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