ΠΚΦ Alumni Endowed Scholarships

(ΠΚΦ Foundation) Beta Alpha Chapter Investment Fund (CIF) / Al Brown Memorial Fund

Chapter Investment Funds (CIFs) are endowment-type accounts held by our National Fraternities Foundation that allow alumni and friends of the fraternity the ability to make a tax-deductible gift to Pi Kappa Phi and restrict that gift to a specific chapter (Beta Alpha).

Once a Chapter Investment Fund has reached a minimum balance of $25,000, grants may be made from that fund to the chapter for qualified educational expenses, including scholarships, conference registration fees and related travel expenses to name a few.

Each year, the Foundation allows 4 percent of the CIF (based on the previous year’s December 31 closing balance) to be used in support of educational initiatives at the chapter level. Working with local alumni volunteers like the officially appointed chapter advisor, housing corporation volunteer or other appointed liaison, the Foundation helps to drive important educational and leadership development outcomes through the CIF program.

(ΠΚΦ Foundation) The Penny & Steve DePalma Scholarship Fund (βα 322)

(ΠΚΦ Foundation) James A. Krucher Scholarship Fund (Beta Alpha) (βα 341)

(NJIT) The Peter A. Jensen Endowed Memorial
Scholarship

Purpose of Scholarship: To provide financial assistance (tuition and fees) to two students each year who are active in Greek Life and campus activities.

Qualifications Pertaining to Recipient(s):
Must be active in Greek Life.
Must be active in additional campus activities.
Financial need will be taken into consideration.

Understandings Pertaining to the Administration of Scholarship (for internal control and administration use):
The recipient will be selected by a committee of Pi Kappa Phi Alumni selected by the Chapter. The Director of Financial Aid must concur.

(NJIT) Rick Pedersen ’81 Endowed Scholarship (βα 345)

Purpose of Scholarship: To pay the tuition, required fees, and room and board of an undergraduate student who is an active member of the Pi Kappa Phi organization at New Jersey Institute of Technology.

Qualifications Pertaining to Recipient(s):
Must be a full-time undergraduate student, and an active member of the Pi Kappa Phi organization.
Student must be in good standing with Pi Kappa Phi.
Student must demonstrate leadership qualities and be active in Greek Life and
Campus activities.

Preference given to students majoring in Mechanical Engineering.
Student must be a U.S. citizen or a lawful permanent resident of the United States of America, with preference given to a resident of the State of New Jersey.
Student does not need to demonstrate financial need.

The recipient will be selected by a committee of Pi Kappa Phi Alumni selected
by the Chapter. The Director of Financial Aid must concur.