Loan Agreement Form: Fill & Download for Free

Thomas Johnson gets it about right. Even non-elite universities are in an arms race to seem attractive to students who might apply. You might argue, with some justice, that this is the university's fault, but it references a much larger problem. Today's students want dorm rooms that are at least as good (ideally better) than their bedroom at home, a new fitness center that looks great even if most students use it only a few times, and Internet speeds much better than at home. Parents also demand more from students services -- career centers, health and especially psychiatry availability, etc.Athletics are a financial problem. Only 5 or 10 universities actually break even or have a profit -- the usual suspects (Texas, Alabama, Ohio State, etc.). Donations that arguably would not go to academic purposes (although there's no good data that this is the case) make up part. But most universities are out of pocket a significant amount. Why? Because the alumni demand it, and guess what? Students like to attend schools with good jock teams. When you have a head football coach making more than the president, usually by a significant amount, you've got problems. Financial aid to jocks is a huge expense, partially covered by endowment and donations but a double cost to the university which has to come up with the scholarship money for the jocks and loses the opportunity to have tuition paying students fill their places.Universities need new buildings with new technology and in the case of science buildings to house the latest equipment. Classrooms that are often hard to fit into building plans are very expensive. Guess what? Universities that have smaller classes require more classrooms. Gone are the days when a builder came in, looked around and built a functional building that more or less matched the rest of the buildings. Architects (often famous ones) cost money; they build pretty buildings. I'm guessing that building supplies have risen more than the general cost of living.Utilities have risen dramatically, and again much more than cost of living generally.Library costs have gone up exponentially. It's not uncommon for major scientific journals to cost $3000 or $4000 a year as subscriptions. All institutions that sponsor journals charge far more for library subscriptions than for individual. Well, let's just go all electronic. Makes sense. Yes, except the charges for electronic subscriptions are usually the same as for paper and often require that the library purchase paper copies to get the on-line stuff. Has anyone noticed that books seem to cost a whole lot more now than then. Well they do, and the rise is more than inflation. Students who used to buy a semester's load of books for $100 now sometimes pay double that amount for one book -- science texts often even more (and, no, Kindle will not solve that problem) Book budgets for libraries have again risen faster than inflation, much faster.Most of a university's budget goes for salaries. Faculty are now paid a living wage, some would argue too handsomely. Some faculty get really high salaries, but it costs big bucks to get a famous person on board. Why does that matter? Arms race, again. On the other hand, famous faculty attract other famous faculty, and more research money, and better graduate students, and, also, better undergraduates, perhaps for the wrong reasons. Many students (and their parents) like the possibility that they can take a class with a Nobel Prize winner, but in many places will never lay eyes on him or her. And while we're on salaries don't forget to add in contributions to retirement and health care, which seems to be going up at a rapid rate.Administrative costs at universities have risen dramatically as they have at almost all other organizations. Partially that's because of increased reporting responsibilities, more regulations, etc. At my former university when I arrived in 1989 the legal staff was one half time person borrowed from a major law firm in town. Now there is a whole office with several lawyer, all paid living wages I assume. I frankly have no idea what they do, but I'm pretty sure that they're busy. In fact I know they are.Several people have pointed to research costs. That's difficult to access. In most major universities research is largely funded by outside grants and is therefore self-supporting. In addition most grants come with indirect costs theoretically to support utilities, library costs etc. It's a big source of income, and major research universities would fold without indirect costs. There are other research costs, of course. Some graduate students may not have stipends that are fully covered by grants. and the university picks up the tab. Typically graduate students pay no tuition or it is paid by a funding agency. That makes graduate education very expensive as faculty devote more time to non-tuition paying students than those who pay (like undergraduates). Labs are built and remodeled by the university. New faculty off get substantial start-up costs to get their research off and running. There are, of course also research costs in the humanities although not nearly as much.Computer costs. Don't get me started. Faculty typically get a personal computer, but usually not top of the line. But the big expense is in maintaining the campus network and connections to the Internet. Gotta have it for research, for instruction, and to appeal to students. Classrooms have to be wired with the latest and greatest.And speaking of graduate education most law schools and business schools are self-supporting although not necessarily when utilities, maintenance., etc is included. Medical school lose incredible amounts of money although you need a PhD in accounting to try to figure out what medical education costs. It's complicated, but no matter how you do the spread sheet, medical schools are money swamps.Tuition costs a lot, but at most elite and semi-elite places something between one-third and one half of tuition is given back by scholarships, some externally funded, but at most places the university simply eats the expense. Some financial aid is in the form of loans or work, but many places put a cap on how much scholarship aid can be loans.As others have pointed out American universities not only look better (and often for good reasons), have better labs and libraries, what I'll call amenities are much better, dorms exist (which is often not the case in other countries) and are generally pretty nice, and faculty salaries relative to averages are higher. Of course, in US universities students actually attend classes (well at least sometimes) and don't end up in crowded lecture halls with little chance of access to instructors or even the ability to be able to take courses they need because they are over-enrolled.. Kids here have it much better, perhaps that's good, perhaps not. But that's what the market demands. And it's probably good generally.It has become a mantra of conservatives that the problem is the easy availability of loans. Because students can get easy money to pay for their expenses universities have no incentive to curtail costs. That's is very simplistic and mostly wrong. Universities don't run on money provided by student loans. Tuition (whether from loans or parents) typically pays about 25% of the cost of universities. The part supported by loans is some fraction of that and although it's not a trivial part of the budget, it's not a major part either. The fantasy (and it is that) seems to be that if we didn't give students loans, suddenly kids would stop applying and colleges would be forced through some logic of supply and demand to lower costs. Unfortunately it simply won't work generally. If everyone had to pay the full cost state universities and less elite ones probably would suffer a decline in applications and enrollments. However, most costs are not easily lowered. The easiest place would be in terms of building maintenance and salaries. The former means just kicking a can down the street, and if faculty salaries were frozen or, god forbid lowered, many would leave the profession or gravitate to places where they could make more money. Good riddance? Well, not really. We really don't need that kind of brain drain, already a major problem in the sciences. But the major solution, already occurring, is that instead of paying professors say $100,000 a year we'll hire adjuncts or graduate students to do the teaching. So let's do the math. Our mythical tenured professor teaches say 5 classes (although most teach fewer especially at the more elite universities) so that works out to $20,000 a class. But we can hire an adjunct for maybe as low as $5000 a class (what my previous university paid), and you don't have to have a degree in higher math to see where that's going. Also you don't have to pay retirement or health insurance, which adds something on the order of 20% to the salary of our professor. Now I should be very clear that many adjuncts work harder at teaching that tenure-track faculty and some are actually more effective at it. But they can't write effective letters of recommendation, provide research opportunities or even spend much time with students out of class as they rush from one teaching assignment to another.If we reduced loan opportunities the Harvards and Stanfords would still flourish quite nicely although they would probably be even more populated by rich kids. There are always going to be parents who are willing to pay almost anything so that they can have bragging rights about where their children go. It's hard to predict what might happen at state universities, but certainly the general consensus has been that education at such places has generally worsened once states stopped contributing as much. Cutting costs isn't going to make things better -- just cheaper. There seems to be some assumption that university administrations raise tuition on what amounts to a whim without worrying about the effects on their students. Nothing could be further from the truth. Raising tuition is usually an agonizing decision,, and one not taken lightly.Cutting down loan possibilities as a way of putting pressure on universities is about the same as cutting government spending to reduce the deficit. In principle that sounds great, but in practice it's hard to get agreement on what to cut and most of the items that are easiest to cut have little impact on over-all spending. For better or worse in some important respects higher education is beyond the laws of supply and demand. In that it's like American medicine.There's much more to be said, and I agree that in some ways higher education is out of wack or at least has screwy priorities. But it's hard to make education cheaper, and college administrators spend a huge amount of their time trying to figure out ways to lower costs within the various constraints they have. There are some things we could do to make education cheaper, but most would decrease the perceived and probably real benefits. What we might do is for a different discussion but curtaining loans is not a good idea because it would not solve the problem and would make it harder for poor kids, who most need the education, to go to college.ADDITION 3/12/19: Recently Rice University announced a policy of free tuition for children from families that make less than $130,000/yr, and no tuition or room and board fees for those making less than $65,000/yr. Students who come from families making less than $200,000/yr will also not be required to take out loans although they will be expected to earn money during the summer or while on campus. Most elite universities have adopted similar programs. At Rice tuition is $47000, room & board $14000, fees are $745, and books $1200. Harvard, Stanford, etc. are slightly greater.Of course, many private colleges are more dependent on tuition income and cannot afford to be so generous, but even there financial aid often covers a substantial part of costs. State universities, of course, are much cheaper and generally have fewer resources to offset tuition. In that regard it’s important to note that one reason tuition has risen so fast at state universities is because almost all state legislatures have cut their support of higher education dramatically. As one example, in 1984 the state of Texas paid 47% of the costs of the budget at the University of Texas, with tuition accounting for 5%; in 2018 the state paid 12% and tuition revenues 21%. Now there is a legitimate argument that students who benefit from a college degree should pay for it rather than the state. But that is short-sighted since the entire state benefits from having well educated folks around and about. By the same logic, I who have no children in elementary and high school should not be “forced” to pay for the education of the children across the street who go to public schools. Historically Americans have always believed that support for education provided general benefits and should be paid by all. At any rate, the primary reason for rising costs at state universities has been the decreasing support from the state. Whether that is fair or wise can be debated.

An MBA is a very popular degree to have. When it comes to top MBA programs in the US, the craze is simply too high. Besides stiff competition to get into the top US business schools, the expenses of doing an MBA from those schools is also a worrying factor for international students including Indian students. So, how to finance your MBA in the US? Let’s have a look at the best six ways for Indian students to finance their MBA in USA.How to Pay for Your MBA in USAA Masters of Business Administration (M.B.A.) degree can help you to enhance your career opportunities, achieve better salary, promotions, and a career change. The Master of Business Administration (aka MBA) is a specialized degree that aims to equip you with the wide range of skills and knowledge to manage a business more effectively, and also to start a new business.Thus, an MBA is a big career booster, provided you’re attending the right business school. Yes, choosing the right school (not necessarily the best school) plays a big role. Once you have been done with b-school shortlisting, it is time to think about – How are you going to finance your MBA?An MBA from a top business school can cost you more than USD $100K (even $200K). So, you would be looking at INR 70 Lacs to 1.5 Crore. Besides, you will also need to take care of your living expenses. Though rare, the funding issues can stop you to attend your dream business school.So, the bottom line is that you do need to think about your financing options early. It is as important as selecting the right business school or crafting your MBA essays in a compelling way. There are many options for financing your MBA abroad. It’s always better to think about multiple options, rather than depending on only one or two. Top Business Schools do offer generous scholarships to international students. But, not everyone will end up with a free-ride (full scholarship). Likewise, you can avail bank loans, but you might not get a bank loan of more than INR 20 Lacs (or 40 Lacs). You have to save a bit as well. You can’t rely completely (or too much) on family support like this candidate below.1. Scholarships and Financial Aid for Indian Students to Finance their MBA in USAMost of the top business schools provide generous scholarships (full and partial). You should start researching financial aid options at the same time as your business school research. Some of the top programs that provide generous financial aid (including full tuition fee scholarships) are:Harvard MBA Scholarship:HBS offers need-based scholarships to international students with various interests and backgrounds. You can receive up to $34, 000 per year. 50% of admitted students do receive some sort of financial aid. There are also options of Special Interest Fellowships.Wharton Fellowship Program:The Wharton School offers various fellowship schemes to international students from emerging economic nations and diverse backgrounds. Wharton considers all admitted students for Wharton Fellowship support. The basic criteria are the strong academic track record, and uniqueness of leadership quality, professional development, and personal qualities.Stanford GSB Financial Aid for International Students:Up to five Indian students can receive this prestigious fellowship each year. Stanford Reliance Dhirubhai Fellows receive financial aid towards tuition fees for each year (approximately $150, 000 in total).You might also love to know a little bit more about Samder Singh Khangarot from Rajasthan, who achieved the prestigious and competitive Stanford Reliance Dhirubhai Fellowship in 2014. You can also look at Samder’s LinkedIn profile to get an idea what it takes it get a scholarship for attending a top MBA program (please refrain from sending the request unless you know him).Columbia Business School Scholarships:Columbia provides need-based financial aid up to USD $30, 000. Besides, there are also options of merit-based scholarships like Forte Foundation Scholarship and Toigo Fellowship and other options.Chicago Booth MBA Scholarships:There is a specific scholarship scheme for Indian students at Chicago Booth that was introduced in 2014. Besides, some other generous scholarship schemes are The India Trust Fellowship (for those living and working in India), Akhtarali H. Tobaccowala Fellowship (for students from India), The Zonis Fellowship (international student from an emerging economy), Canfield Private Equity Fellowship (prior experience in private equity or investment banking), Forté Foundation Fellowship and Distinguished Fellows Program (full-tuition and $25, 000 stipend each year).Kellogg MBA Scholarships:The Kellogg School of Business offers various scholarship schemes that include both merit-based and need-based scholarships. All the admitted international students get automatically considered for the merit-based scholarships.MIT Sloan MBA Scholarships:MIT Sloan is another top business school with numerous generous funding schemes for international students. The business school offers merit-based financial aid for both incoming and continuing (2nd year) MBA students. Some of the noteworthy schemes are Legatum Fellowship, McKinsey Award, MIT Sloan Social Impact Fellowship, Forte Foundation Fellowship, Dean’s Fellowship, Fulbright Grant, The Nippon Foundation International Fellowship.Yale SOM:Yale School of Management provides need-blind financial aid to all deserving students in the form of scholarships, loans, assistantships. The scholarship schemes can cover up to $61, 500.McCombs Scholarships and Fellowships:McCombs School of Business offers various scholarships to outstanding international students. The top ones include Recruiting Scholarships, Continuing Student Scholarships (for 2nd-year MBA students), Sylff Global Fellows Program, Consortium, Forte and Texas Venture Labs Scholarship. Scholarships range from $2, 000 to full tuition fees.Tuck MBA Scholarships:Tuck School of Business (Dartmouth) offers both merit-based and need-based scholarships along with loan options. Amounts vary from $5, 000 to full tuition fees. International students get considered on the basis of academic performance, leadership and professional achievements.Haas MBA Scholarships:Approximately 70% of admitted MBA students receive some sort of financial aid from the Haas School of Business (UC Berkeley). Schemes like Haas Achievement Award, Diversity Scholarships, Marketing Scholarships can cover up to $50, 000.2. Crowdfunding and Collateral-Free Education LoanCrowdfunding is the modern way of raising money. It is getting popular for financing MBA programs these days. Well, setting up a website or page, and asking for money might not be feasible for everyone. In that case, you can look up to agencies like Prodigy Finance that offers Collateral-Free Education Loan.Prodigy Finance is not a banking setup. It offers funded loans to international MBA candidates who are looking at to study at top business schools. The loans are funded by a combination of business school alumni investors, high net worth individuals, the business school community and institutional investors who have an interest in higher education.You can avail loan for your MBA from Leap Finance3. Company SponsorshipsCompany sponsorships are hard and tricky at the same time. Hard because unless you are working for a big firm and you are among the top performers, then chances are quite low. Tricky because almost all companies would ask you to come back after finishing an MBA, and work for them for 2 – 5 years (you will need to sign a bond or agreement). Now, major reasons for going for an MBA is to change profession, job or country. So, company sponsorships might not be the best option for everyone. But, if you are already working in the Consulting industry, you could consider this option.4. Education Loans from BanksAn education loan from a bank for foreign education is very common. But, for MBA studies, this is not too straightforward. Firstly, a bank loan (from Nationalised or Private Bank in India) will cover only a part of the tuition fees. Besides, apart from formal documents (MBA acceptance letter, academic record etc.), you also need to provide collaterals. Another critical factor would be comparatively high-interest rates. But, assume you have secured a partial scholarship or assistantship, and now looking for another source to fund the remaining costs, education loans from banks are very handy.5. Education Loans from Non-Banking InstitutionsLoans from non-banking institutions can cover full tuition fees. However, please be advised that collaterals are required (if not for the whole amount). Now, let’s look at some of the options.Avanse:Avanse is one of the most popular bodies in India and a part of the DHFL group. Avanse loans can cover up to 100% tuition fees and other costs. The interest rates are floating in nature, and processing fees will be valid as well (1 – 2% of the total loan amount).Credila:HDFC Credila is a subsidiary of HDFC bank and offers loans to Indian students for abroad-education. The loans are disbursed with a floating rate of interest (little less than Avanse), and repayment period can be extended to 10 years. However, Credila loans require extensive supporting paperwork.Global Student Loan Corporation (GSLC):The GSLC can provide loans for international students for study in the US without the requirement of a co-signer.International Student Loan Program (ISLP):The ISLP is a specifically designed program for international students who are looking at to study in the US. The loans cover tuition fees and other expenses. You can borrow as little as USD $1, 500, and the repayment period can be extended to 25 years. ISLP does need a co-signer.6. Personal SavingsThis might sound trivial. But, personal savings can be of great use while planning your MBA finances. You are likely to work around 3 – 4 years before joining a top MBA program. If you plan and save accordingly during that period, you can fund a significant portion of your MBA fees, say the first two terms. Then there are always other options including university scholarships in the second year. Family support is fine, and there is no harm in it. But, my personal recommendation would be not to exhaust your parents’ savings for a top MBA program.As you can see, there are several options to fund your MBA in abroad. The returns on investment are also excellent; especially from the top business schools (see the stats below by the US News).If you need further information or advice, just post your query below in the comment box, or send us an email. You can also connect to us through Study in USA for Indian Student to know more about MS in US.

At this moment you, I, and every one on this site and on every other site is using a computer right? Now lets say no one has any money to buy your computers and you are the manufacturer. First you have to create a market for your computers, then you have to create jobs so that people can have money to pay for your computers. The more people have jobs the more people will have money to buy your computers then the more computers you will be able to make assuring yourself of a future market. Economy of scale, got it. This is just viewing it from the economic side. I'll get to all the rest in a moment.Lets say you are a company that makes fertilizer. How much fertilizer would I sell on the campus of UC Berkeley, Stanford University, MIT, Harvard, Yale, Or any city college, city, or major town? No not many customers there, right? Now I look around the world and I see millions of acres of fertile land but they are far from any significant population. I would not be able to sell much fertilizer out there nor would any tractor manufacturer, or seed producer. Where do you think all the produce and all those vegetables come from at your local market? and how many markets are there around the world?I begin to realize I we have to make use of as much fertile land as we can to be able to meet the worlds demand for food. Are you going to tell me you only spend money for your computer and not for produce, vegetables,fruits or juices, milk, meat, fish, chicken, shall I go on?There happen to be living allot of very poor people in and around very fertile land near ports, roads and if they are near the ports but do not have roads then we will invest in roads, and in agricultural science classes, and houses, and money for farm inputs. Are you going to leave your tech job to go out and work on putting all the logistics together in order to assure the world food supply?Are you beginning to follow? Many times the people at the source of the land we need to use, prepare, cultivate, fill with nutrients and fertilizer happen to be very poor and those areas may be infested with various diseases, diseases vectors, bacteria, viruses, poisonous reptiles, and all kinds of creepy crawlers. The water sources in those areas are contaminated, poisoned, etc. etc.Charitable people are the first line to go in and introduce development, there are hundreds of thousands of volunteers; Now think all that is needed first. You need to install systems of transporting water both for irrigation and for human consumption, then you need to erect buildings from which to conduct your agricultural science education, the people whom you are looking to become farmers are suffering from malnutrition, every ailment and disease know to man. and have no education or training.Typically its governments that make the initial arrangements and trade agreements, loans, and the basic exchanges, what follows as the development start to take hold more opportunities come about for tourist to take vacations, students to go make studies, PhD. thesis in all areas of endeavor, all bodies of knowledge including finance and international law ... so on ... so on and so on until now the roads are built, the water is safe , nice comfortable hotels are build , even housing units, electricity, and before you know it you and your company are setting up shop. You found a new viable market for your fertilizer, other for machines, paper, computers, all kinds of electronic , and hundreds upon thousands of products both low end and high end, from simple toys to sophisticated electronic and measuring devices.China has 1.5 million people, India 1.3 billion, the African continent 1 billion. These are our future markets. Aside from our home country charities there are hundreds of thousand or charities in China, India, and Africa doing the initial ground work to first improve the quality of life, provide training, education, health, housing etc. In all these areas that will become our future markets for our products. What happens if no one buys your products? We have begun to see that already in the last decade maybe in the last 2 and its getting worse.That is just looking at it from and economical point of view now lets consider the humanitarian issue. If you are a person that does care about any other person in the world and you think your tax dollars are being given away to some dirty starving good for nothing then that is your point of view. I suggest if you think like this you are very narrow minded. I have a world traveler and have headed nation, international and world wide corporations going on 40 years now. I have a bit of a business sense but I am also a humanitarian.In the time it took me to work at this response to help you have a little understanding , a small one about Charities and why they are needed and contribute tremendously to our way of life and the success of our way of life about 900 children just died around the world 900 x 24 = 21,600/dayX 365 = 7,884,000/yr. and that just children that is not counting adults. This is just one Charitable cause and there are thousands of them in all areas of human endeavor.Business will take care of everything. Is that right? Would you buy some beef, chicken, medicine, build a house for someone, providing free labor and with nothing to expect in return? Does anyone do anything without asking or expecting something in return. You see were we live all the billions of dollar have already been spent, on an average of about $2,000,000.00 per person. Tell me have you paid the government, us, the people of the United States $2,000,000.00 it cost this country for your life? I doubt it. You got an education, you got a job, you drive on nice roads, you breath relatively healthy air, everything around you is not bad, nice lakes to visit, nice parks to go running in, great tennis courts here and there and so many amenities.Calculate every single cent you have ever earned including taxes you have ever paid and expect to pay from here until the time you will retire. Does it come to $2,000,000.00? If it does then pay it all back to this country and whatever is left over you keep for yourself. Do you really think you live without someone, whether one or millions not being charitable to you? Do you really think you have made it this far in your life without someone being charitable to you? Never mind the government just tell me if you really think that you have not benefited from someone else's work.You seem to be under the impression that Charities are all about you giving some money to someone free. What do you know about how a charity is run. Do you know there are such things as Pooled income funds and for the money people give to charity the charities have to earn money for them and take care of them for their entire life. Do you know what a charitable remaining trust is? Typically under these arrangements the charity had to work, invest, and pay the donor for their entire life or up to 20 years sometime before the charity can ever see a dime of it they can use? Suppose I gave you $100.00 and for the I got 20% off of my income taxes as a deduction, then you would have to work and earn money for me and pay me at minimum once per year for 20 years or until I die before you could keep $5.00 to use in your charity work. I would say that is a whole lot of work 20 years for $5 and on top of that give you all the earning from your $100 for all that time. Do a little research about how charities really work. If you so choose to truly make an unconditional gift you will still get a donation deduction on your income tax. Charities are prohibited by law to use even 1 penny that is not for the benefit of others. Those that run charities are prohibited by law to enure themselves. Nothing , nothing at all can come to those that work in charity. and only a few because they give their entire life in service are allowed to draw a salary.Once all the social, economic, logistic problems, those of health , training, building roads, houses, hospitals, grocery stores and all else required you are going to want to sell your app to the 1.5 billion in china, the 1.3 billion in India, the 1 billion in Africa and to all populations around the world and when you do I hope you remember the ones that went before you and sacrificed to lay the foundation down and offer each and everyone of them $100,000.00. out of your own pocket.What do you think the entire world of finance is, banks, investors, all the stock markets, and commodities markets are all about?. Isn't everything a form of charity. It is someone helping someone else. You just don't see it that way. Its all a system of leveraging. Others provide some of the money but my no means all for charities to accomplish what will benefit the entire society, and they give back plenty, you better believer it.I am just barely touching the surface about all that charities do.Business is going to take care of everything, right. ok, you are a business, a small and personal business so tell me what are you taking care of? Just from a business point of view. I am not asking about personal involvement or commitment heaven forbid I ask anyone to make an emotional or spiritual endowment.Do you really feel in your heart that you want to give to charity.? If you do and the only thing holding you back is the doubt of recuperation. I will dispel that doubt to anyone. If you feel in your heart to give to charity honestly and sincerely I can show you how you can earn $300,000.00 for you during the next 20 years or before if you will donate $30,000.00 into a pooled income fund in a charity but this can be true for anyone under the right conditions . So many people do not know they can use a charity for their life time financial planning. A Charity is not so simple as you may think typically by working through and with a charity it can be proven you will earn more money throughout your life than investing in other other forms such as a 401(k) or IRA, or even a Roth IRA . There is no such thing as one size fits all but really a charity can also be a very professional organization that you can use and work with to realize a much more beneficial retirement. And it does not have to be for so many years because through a pooled income trust you can realize far better gains and still make a great gift to charities. It can be for 10 years, 15 years but no more than 20. I am referring to a charity where I participate in but also other offer you payments for a lifetime. You can choose who will be your beneficiary. Yourself, a spouse, a son or daughter anyone but no more than two beneficiaries using a pooled income fund. If you choose a Charitable remainder fund you may choose more than two beneficiaries. Each type of fund has some unique performance characteristics, different right, and different benefits. Some types of funds are contracted out to investment advisers to manage and some the charity must be the one to act as the trustee. Its my own opinion that a pooled income fund can be more beneficial. In other types of funds you will probably not earn much more or exactly market rates between 5% and 7% or less. That is still better than bonds, many mutual funds, cds, or stocks. Like any other professionals we must effect what is known as the prudent Investor act. Those that offer trust funds vary in what they will offer. some only 3% to 5% some less and some more. Its like any investment manager.I would say most people do not know that a public charity is run very much like a professional corporation and also offers an investment vehicle much like a mutual fund. I cannot speak for others but the one I know of earns you allot more than market rates. I have to, so that I stay within the law state that always always always in dealing with a charity your first priority must be to make a gift not to make money and once you do your gift whether you call it an investment or not is irrevocable.Oh you will get paid alright that is the law but maybe sometimes not as much as other times but a charity has to balance your payments. let us say this year you are supposed to get $20,000.00 and you do get it but next year you are to get $32,000.00 and the charity was only able to earn $30,000.00,for you, the following year if they earned enough money and your percentage total comes to $41,000.00 the charity is obligated by law to pay you the $2,000.00 it did not pay you the year before so in the 3 rd year you would receive $43,000.00. Even if the charity has to pay out of the gift you made to them they must by law pay you what you have coming.You see in this way its like a guaranteed no loss investment. The charity must pay you at minimum once each and every year like an annuity but sometimes they are able to pay you quarterly or every six months but they can never go more than one year to pay you. all this refers to a trust fund not a normal gift. There is some unique things about charitable trust and that is should a charity not be able to earn money for you there still must be by law a certain percentage the charity must keep for itself based on the fact that although you made an intended investment you priority purpose was to make a gift, It will do everything it can as a responsible professional to earn money for you but if worse comes to worse and lets say in the last 2 years they failed to earn money to pay you and the life of the trust is over then the charity is required by law and allowed by law to keep the remainder.What is a charities incentive to earn as much as possible for you? by law there must be certain percentage left for the charity to have. They more they earn for you the more the charity will have in the end to to use to further assure accomplishing their mission. Not all charities offer this however but some do.There is more. A charity is required to report to you and keep you abreast of your account and to maintain communication with you at all reasonable times. They are required to listen to you , take the donor's opinion and desires under advisement but the donor will not have authority over the investment. I hope this dispels the notion that there is not possibility of recuperation but again keep in mind that the view, attitude and spirit of the law when it comes to charities is that you as the donor mean to make a gift and that earning money is not your priority or premise for making the investment.