IMPACT: Annual Report 2021-22 | Page 13

Funding Tuition Assistance

The Tuition Assistance Programme at LCIS is funded from a variety of sources .
LCIS is fortunate to have an Endowment for Scholarships and Financial Aid and has committed to withdrawing only a small percentage of the interest gained on these invested funds for tuition assistance awards annually . This allows the continued growth of the Endowment in perpetuity .
Donations made to the LCIS Fund also support tuition assistance . Some donors restrict their gifts to scholarships while unrestricted gifts are allocated to the Tuition Assistance Programme as needed to maintain LCIS ’ s commitment to families .
Our commitment to creating opportunities for Bahamian students to receive an LCIS education will have a profound impact on The Bahamas by developing the leaders of tomorrow .

Opportunities to Support

Establish a Named Scholarship Donors may choose to establish a Named Scholarship Fund in their honour or in memory of a loved one .
Current Named Scholarships
• Thomson Trust Scholarship
• Stavros Niarchos Foundation Scholarship
• Rising Star Scholarship

Endowment for Scholarships & Financial Aid

The LCIS Endowment for Scholarships & Financial Aid provides donors with the opportunity to make an enduring impact on the lives of Bahamian students . Indeed , the number of students who can benefit from a gift is multiplied many times over . The LCIS Endowment for Scholarships & Financial Aid is managed by professional investment managers and overseen by the Finance Committee of the LCIS Board of Directors and Governors .
To inquire about funding a Named Scholarship or making a gift to the Endowment , please contact the Development Office at development @ lcis . bs

Key Stats

16 %

Of our student population supported by the programme

10-100 %

Range for tuition awards

785K

In aid awarded