Create a Scholarship
Create your legacy
At Massachusetts Maritime Academy, we firmly believe that education should be accessible to all, regardless of financial background. Scholarships stand as pillars of support, ensuring that talented and deserving students have the opportunity to pursue their academic dreams without the burden of undue financial constraints. These awards not only alleviate the financial burden for students but also serve as catalysts for their success. By providing scholarships, members of the Academy community make it possible for students to focus on their studies, unlock their potential, and contribute meaningfully to their communities and the world at large.
Scholarships are more than just financial aid; they are investments in the future. They represent a commitment to nurturing talent and fostering excellence. Beyond the immediate impact on individual students, scholarships have far-reaching effects, shaping the trajectory of entire families and communities. They open doors to opportunities that may have otherwise remained out of reach, breaking down barriers to education and socioeconomic advancement. As a university dedicated to fostering inclusive excellence, we recognize the transformative power of scholarships in leveling
the playing field and creating a more equitable society.
In a rapidly evolving world where innovation and creativity drive progress, investing in education is paramount. Scholarships at Massachusetts Maritime Academy play a crucial role in cultivating a diverse and dynamic community, where individuals from varied backgrounds come together to learn, collaborate, and thrive. They enable our students to pursue their passions, explore new horizons, and become leaders in their fields. As stewards of knowledge and agents of change, we are committed to championing scholarship opportunities that not only support students but also inspire them to reach their full potential and make a positive impact on the world.
If you have questions or for more information on establishing a scholarship at the Academy, please call the Advancement Office at 508-830-5099 or email at advancement@maritime.edu.
Current-use Scholarships
The minimum amount required to establish a current-use scholarship is $1,000 annually. Donors generally make a commitment to fund this type scholarship on an annual basis for a specific length of time (e.g. five years). This form of scholarship can be converted to an endowed scholarship if sufficient funds can be raised.
Endowed Scholarships
The minimum amount needed to establish an endowed scholarship at MMA is $25,000. Once the scholarship is fully endowed, funding for the annual scholarship award(s) will be based on the endowment spending policy of the MMA Foundation (currently 5% of the fair market value of the fund.) Disbursing money at this level of the overall value ensures that the scholarship will continue in perpetuity. You may continue to give gifts to grow the body of your fund so that the amount of the awarded scholarship can be increased.
Single Year Scholarships
Single year/single gift scholarships are welcomed but will not be managed as stand- alone funds. The gift will be placed in the General Scholarship fund and will be awarded based upon the donor's wishes.
