Frequently Asked Questions
Why are unrestricted
dollars so critical to Mars Hill’s success?
Where does my contribution to the Annual Fund go?
How can I make a pledge to the Annual Fund?
Does Mars Hill offer a matching gift program?
Don’t student fees cover the college’s financial
needs for the year?
Why are unrestricted
dollars so critical to Mars Hill's success?
The simple answer is that without unrestricted dollars some students
who want to attend Mars Hill College can't. Every college has a natural
constituency. For us that constituency includes a number of first generation
college students. These students more often than not come to us with
limited family resources to meet the cost of tuition. Our Annual Fund
dollars are spent to help the families of such students meet the cost
of a Mars Hill education.
Where does my contribution to the Annual Fund
go?
The Annual Fund is also known on campus as the Annual Scholarship
Fund. Every dollar given to the Annual Fund is used to provide student
scholarship aid for tuition.
How can I make a pledge to the Annual Fund?
Making a pledge to the annual fund is simple. You can respond
by filling out a pledge card provided in many of the college direct
mail pieces sent to alumni and friends annually; or you can click
here to give online and complete the form electronically. Or if
you prefer to talk to someone about your pledge, call Brian K. Danforth,
Director of Annual Giving, at 828.689.1148.
Does Mars Hill offer a matching gift program?
Yes; if you would like to know if your company has a matching
gift program go online to our Matching Gift page.
Don't student fees cover the college's financial
needs for the year?
No; Mars Hill, like many small liberal arts colleges, is dependent
on the support of its alumni, friends, corporate and foundation supporters
to help underwrite the cost of the education provided to our students.
Many students who are accepted to Mars Hill come from families who are
not financially able to meet the cost of tuition, room and board. The
next step in this process is to apply for financial aid (97% of our
students in 2007-08 received financial aid).
In some cases once all the
options for federal, state and private scholarship, grants or loans
have been exhausted families still find they are unable to meet the
cost of tuition. At this point the college must decide weather to give
the student what is referred to as "unfunded aid" to complete their
financial package or refuse their admission due to the lack of financial
viability.
This "unfunded aid," also known as the "discount rate," is the difference
between what the family can afford and the cost of tuition. It is not
surprising that this number is usually the annual fund goal of the college
each year. The bottom line is that the Annual Fund directly
pays for this gap between what parents can afford and the college
is willing to risk to admit some students.