Eden

Eden · Campbell Aviation Scholarship Fund

This is an Aviation Scholarship Fund established to recognize contributions individuals and corporations have made to promote aviation. Terms of the scholarship were difficult to negotiate and have been carefully designed to provide maximum benefits for the recipients of the scholarship. All contributors to this fund will be added to the list as sponsors of aviation. No contribution is too small.

Objective

The objective of the Eden · Campbell Aviation Scholarship Fund is to establish a perpetual scholarship fund to aid individuals seeking a Bachelor of Science degree in aviation.

Structure

The Southeastern Foundation, a division of Southeastern Oklahoma State University, Durant, Oklahoma, manages the fund. Current principal value of the fund is $40,000. Scholarships totaling $5,000 have been given to listed recipients.

The principal of this fund will not be commingled with any other scholarship fund.

The principal of this fund will never be distributed as part of the scholarship or used for expenses.

Scholarships will be for Actual Flight Expenses only.

One half of the annual interest earned will be distributed as the annual scholarship. The remaining interest is retained to the fund’s principal.

Seventy five per cent of the annual interest earned will be distributed as scholarships, if and when the principal value matures to $500,000.00.

If Southeastern Oklahoma State University removes the Professional Pilot Degree Program from their curriculum, the fund will be transferred to another University offering a flight degree program.

Southeastern Oklahoma State University’s Aerospace Department will screen applicants.

Mike Eden will select scholarship recipients.

Southeastern Oklahoma State University Aerospace Department

The mission of the Aerospace Department is to provide its students with the highest quality aviation education and flight training possible.

The credentials of the faculty staff include PHD, MBA and MAS.

All flight training is conducted at Eaker Field, Durant, Oklahoma.

Number of aircraft / training devices and	Hourly rates
10 Cessna 150 / 152	$ 45.00
2 Beechcraft C-33 Debonair	$ 90.00
1 Cessna 182 P	$ 67.50
1 Cessna 182 RG	$ 82.00
1 Cessna 310	$ 170.00
1 Frasca 132 Flight Training Device	$ 41.25

Estimated cost of a four-year Bachelor of Science degree in aviation.

Oklahoma resident $35,641.00

Non-resident $45,065.00

Benefits For New Sponsors

Assist young individuals dedicated to becoming professional pilots by offering them an opportunity.

Your contribution is applied to and never removed from the principal value of an aviation scholarship fund that will promote aviation forever.

Your name will be attached to the fund as a sponsor.

Help promote a fund that recognizes Bob Campbell for his professionalism and dedication to aviation.

Contributions qualify as a tax deduction.

Make your contribution payable to Southeastern Foundation, memo Eden · Campbell Aviation Scholarship Fund, forward your check to the address below. I will add your name to the growing list and forward the funds to the foundation.

Respectfully submitted,

Mike Eden

145 Echo Falls

Comfort, TX 78013

Telephone (830) 995-4349