Scholarship Donation
Education is a major part of charitable giving in the U.S., with many donors choosing to allocate their gifts towards scholarships and financial aid, acknowledging the profound influence education has on individual lives and society. At NEVE, we channel these contributions specifically to support first-generation college students in STEM, providing them with the necessary resources to thrive academically and professionally.
What Does Your Gift Support?
Donations to the NEVE Scholarship Fund helps enhance a student’s ability to cover critical costs associated with their education:
- Tuition and Fees: Direct assistance with the costs of attending college.
- Room and Board: Support for living expenses ensures students can focus on their studies without the stress of financial burdens.
- Books and Supplies: Scholarships can cover the high costs of textbooks and necessary technological equipment for STEM students.
- Enrichment Opportunities: Contributions can also support internships, study abroad programs, and other enriching experiences that are often out of reach for financially strapped students.
Maximize Your Impact with Tax-Deductible Donations
Make a Difference and Receive Tax Benefits
When you contribute to the NEVE Scholarship Fund, you’re not only empowering deserving students in STEM—you’re also making an investment that benefits you come tax season. All donations to NEVE are tax-deductible, allowing you to reduce your taxable income while supporting a cause that transforms lives.
How Tax Deductions Work for Your Donations
- Tax Efficiency: By donating to NEVE, a registered 501(c)(3) non-profit organization, your contributions are tax-deductible to the fullest extent of the law. This means you can lower your own tax liability while providing essential support to first-generation college students from underprivileged backgrounds.
- Choose How You Give: Whether it’s a one-time gift or a recurring donation, every contribution you make to NEVE can be included in your tax deductions. We also accept gifts of securities, which can provide additional tax benefits, including avoidance of capital gains tax.
- Documentation for Your Records: NEVE provides all donors with receipts for their contributions, ensuring you have the necessary documentation to claim your tax deduction when filing your returns.
What Does It Cost to Attend a College STEM Program?
Understanding the financial investment required for a college education, especially in STEM (Science, Technology, Engineering, and Mathematics) fields, is crucial for students and their families. Below, we break down the typical costs associated with attending a STEM program at a higher education institution, with special consideration for the challenges faced by low-income students.
Tuition and Fees
Tuition is the primary expense for any college program. STEM programs often have higher tuition rates due to the advanced technology and equipment needed for these courses. For the 2023-2024 academic year, the average annual tuition and fees might look something like this:
- Public Colleges (In-State): Approximately $10,000 to $15,000
- Public Colleges (Out-of-State): Approximately $25,000 to $40,000
- Private Colleges: Approximately $35,000 to $60,000
These costs can vary significantly based on the prestige of the institution and its geographical location.
Given the reliance on technology in STEM fields, students often need to invest in high-performance computers and software. This can cost anywhere from $1,000 to $3,000, which may need to be updated or replaced throughout their college career.
Making a Lasting Impact
Supporting the NEVE Scholarship Fund not only transforms the lives of individual students but also contributes to a larger movement towards a more equitable and innovative future in STEM fields.
Impact of Your Support
The NEVE STEM Scholarship Program has made a profound impact since its inception in 2021:
- For the 2023-24 Academic Year: NEVE awarded a record seven scholarships totaling $64,500. These awards have supported NEVE scholars from diverse backgrounds, including students from Kenya and Brazil studying in the U.S.
- Broad Impact Across Institutions: Since launching, NEVE scholarships have supported students pursuing their STEM degrees at prestigious institutions, including:
- Carnegie Mellon University
- Florida A&M University
- Texas Christian University
- Texas A&M University
- Fordham University
- University of California, Santa Barbara
- University of Nevada, Las Vegas
- University of New Hampshire
- University of Pennsylvania
- West Virginia State University
Empowering Deserving Students’ Dreams: Hear Directly from NEVE Scholars
“I had big dreams, but little hope. This all changed when I found the Neve Project Scholarship program.”
– Ammy Mwasambu, Junior at West Virginia State University
“As a blind student, I have always been passionate about improving the lives of blind and low-vision individuals worldwide.”
– Lucas Nadolskis, PhD Student at the University of California, Santa Barbara
NEVE Scholarship Fund
When you contribute to the NEVE Scholarship Fund, you become part of an inspiring group of donors who are directly influencing the future of STEM education for underprivileged first-generation college students. Together, we can break down barriers and build a brighter future.