Bicentennial Scholars

Bicentennial Scholars

SIF73, SIF157, and SIF184 Bicentennial Scholars

Project Manager: Mark Luellen

Bicentennial Scholars Fund

The purpose of this project is to build an endowment for student scholarships at UVA and UVA-Wise.

Approved: Approved: December 2016 (first award of $100M), August 2018 (second award of $100M), September 2021 (third award of $50M).

Project Start Date: 12/21/2016

Total Amount Awarded: $250,000,000

The Bicentennial Scholars Fund makes a bold statement to the Commonwealth and the nation that UVA is committed to affordability, and that access and excellence need not be mutually exclusive. With an investment of up to $200 million over five years, the Bicentennial Scholars Program will match philanthropic commitments designated for new endowed need- and merit-based scholarships for undergraduate students. This investment will continue the University’s tradition of affordability and access for qualified students from all walks of life.

Current Status: Active

Progress section:

This is a remarkably successful program. The PAC formally assessed progress for this award at their December 2020 and 2021 meetings. The University had raised $309M for this initiative in signed and verbal commitments, with a corresponding SIF match of $213M. A total of 422 scholarship funds have been created. The impact of this SIF award on the University’s ability to deliver high quality education for all deserving students regardless of ability to pay is exceptional