During FY 2011-12, the Board of Regents Support Fund provided $2,360,000 in matching funds on a non-competitive basis for 38 Endowed Professorships and 21 Endowed Undergraduate Scholarships. These funds, matched with non-State contributions, are invested in endowments funds. Investment proceeds are distributed on an annual basis to support professional development for faculty and scholarships for first-generation college students.
