Trident Technical College Foundation

Student scholarships:the Foundation made 458 scholarship awards totaling $412,751.44 in the year ended june 30, 2023. Scholarships help offset the cost of tuition, fees, books, childcare, and transportation for eligible students. The scholarship funds, supported by individuals, businesses, and other foundations, are competitive and based on criteria established by the donors and the Foundation. As of june 30, 2023, the Foundation administered a total of 145 scholarship funds, 38 of which are permanently restricted.

Mini-grants:the mini-grant program provides funds to faculty and staff for equipment, materials and special resources to enhance student success. Priority is given to requests that directly impact student learning. The program is designed to enhance the learning experience of College students while bridging the gap between instructional needs and departmental budget constraints. The Foundation board determines the annual allocation for mini-grant awards. Individual awards cannot exceed $1,600 and are awarded based on a competitive application process. Sources of financial support for the mini-grant program include the Foundation's annual campaign, trustee campaign, employee campaign and investment returns. For the fiscal year ended june 30, 2023, there were no mini-grants awarded.

Tuition assistance/credit course reimbursement programs:the Foundation provides financial support, up to an annually budgeted amount, for full-time permanent employees of the College to take credit or continuing education courses at the College or other accredited institutions of higher education. All programs are based on availability of funds. For the fiscal year ended june 30, 2023, $6,869 was awarded as part of these professional development programs, respectively. The Foundation will pay for tuition and required books for one course per semester for any College course for which an employee is qualified and up to $500 per fiscal year for any College continuing education course for which an employee is qualified. Credit course assistance will reimburse full-time permanent employees $200 per course (based on successful completion and grade of a or b) at an outside institution for tuition, books, and fees. An employee may receive up to $1,000 during a single fiscal year for reimbursement of a maximum of five courses. All programs require supervisor and vice president approval.

1) restricted grants - gifts received from other foundations and corporations to be used within a defined time period for specific purposes which include equipment, curriculum development or short-term workforce training. 2) student urgent needs fund - to assist students in good standing who experience an unforeseen financial emergency which would otherwise prevent them from continuing to attend the College. 3) unrestricted funds - the Foundation holds funds that support a variety of academic programs and special projects