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

The Peter Jensen Scholarship was established in remembrance of an NCE/NJIT student who lost his life through a senseless act of violence in 1970. Peter was a member of the Pi Kappa Phi Fraternity and was very involved in Greek life. Hence, preference is given to active members of NJIT’s Greek community. The scholarship was also created to support the goals of our organization and as a means to recognize and to provide an educational opportunity for an individual within the Greek community. This scholarship is designed to aid an academically qualified student who is pursuing a Bachelor’s or Master’s degree at New Jersey Institute of Technology.

Purpose of the Scholarship: To pay tuition, room and board, and required fees for one or more students 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 needs will be taken into consideration.
Financial aid is to be provided from the Fund to a deserving upperclassman, regardless of whether he/she is receiving financial assistance from any other source.

(NJIT) The Dorothy Reynaud Memorial Scholarship

The Dorothy Taylor Reynaud Memorial Scholarship was established in remembrance of an NCE/NJIT employee who provided support and guidance to countless members of the NCE/NJIT community and who was affectionately referred to as “Mom” by students and staff alike. Because of Dorothy’s involvement with students and student activities, this scholarship is earmarked for undergraduate sophomore, junior, or senior students who are enrolled full-time at NJIT, have demonstrated financial need, and are actively engaged in campus life and student activities, including Greek life. Strong preference is given to those who exercise leadership roles in these extracurricular domains.

Purpose of the Scholarship: To pay tuition, required fees, room and board, and/or expenses (books, supplies, technology, etc.) for an outstanding undergraduate student who (1) is a sophomore, junior, or senior enrolled full-time at NJIT, (2) has demonstrated financial need, and (3) is actively engaged in campus life and student activities, including Greek life, with a very strong preference for those who exercise leadership roles in these extracurricular domains.

Qualifications Pertaining to Recipient(s):
Must be a full-time sophomore, junior, or senior enrolled at NJIT.
Must have a cumulative GPA of 2.5 or higher.
Must demonstrate financial need.
Must be a U.S. citizen.
Must demonstrate extensive involvement in campus life and campus activities (through, e.g., service in student government, participation in Greek life, clubs, and organizations, volunteering as a peer tutor or mentor, etc.), with a very strong preference for those who exercise leadership roles in these extracurricular domains.

(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.

(NJIT) Cassera Family Endowed Scholarship (βα 321)