Alabama Association of Independent

aka AAICU   |   Montgomery, AL   |  www.aaicu.net

Mission

The association's mission is: 1. To build a strong case for support for Alabama's independent colleges and universities and promote a greater appreciation of independent higher education and its importance to the educational, cultural and economic needs of Alabama and the nation. 2. To provide a unified, collective voice through which its members can exercise influence in matters of common interest and develop and advocate legislation that will enable members to effectively serve their constituents. 3. To strengthen its resolve to provide financial support to its member colleges and universities through active participation in fund development campaigns, collaborative purchasing agreements, and streamlining of business practices. 4. To develop and oversee the administration of scholarship programs designed to ease the financial indebtedness of students and create opportunities for sustaining enrollments at its member colleges and universities. 5. To facilitate a spirit of cooperation and readiness through participatory research and collaboration desired by member institutions in the quest to strengthen the liberal arts and professional studies, choice and excellence, degree completion and employment opportunities for students.

Ruling year info

1957

Principal Officer

Mr. Paul Hankins

Main address

5950 Carmichael Place Ste. #213

Montgomery, AL 36117

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EIN

63-0422143

NTEE code info

Fund Raising and/or Fund Distribution (B12)

Undergraduate College (4-year) (B42)

Cultural, Ethnic Awareness (A23)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

The Alabama Association of Independent Colleges and Universities (AAICU) is a not-for-profit organization that works with independent colleges and universities in the state providing financial assistance and access to higher education for students from all backgrounds. We currently have fourteen member institutions and serve over 24,000 students. We offer a menu for giving to our scholarship fund that includes the following options.
1.'Unrestricted Scholarship Gift' defray the cost of education for all students attending our member schools regardless of the student's race, color, creed, national origin, or financial standing. The student must be an undergraduate student and maintain a 3.0 GPA.
2.'Need Based Scholarships' are given to undergraduate students showing academic potential with an annual family income of $35,000 or less. More than 90% of our students receive some form of financial aid.
3.'Merit Based Scholarships' are awarded to students showing exceptional academic proficiency. Scholarship recipients are selected by a school representative and must maintain at least a 3.5 GPA.
4.'Named Scholarship Program' enables donors to create a scholarship in their name at each of our 14 member colleges. The minimum gift required is $14,000, a $1000 scholarship for each school with accompanying statewide publicity and recognition in the association newsletter. Scholarships may be designated for specific purposes by the donor; however all recipients must be Alabama residents demonstrating financial need and academic promise.
5.'Minority Based Scholarships' are given to minority undergraduate students displaying academic and leadership potential. These scholarships are intended to assist any minority scholar nominated by his/her school. Our membership includes five Historically Black Colleges and Universities and combined minority enrollment of over 11,284 students. 6.'Major Specific Scholarships' are given to undergraduate students pursuing specific academic majors such as Education, Business, Nursing, Health Care, Math, Science, etc. Recipients must be Alabama residents majoring in a discipline designated by the donor.
7.'Internship programs'

Population(s) Served

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Financials

Alabama Association of Independent
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Operations

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Alabama Association of Independent

Board of directors
as of 6/2/2016
SOURCE: Self-reported by organization
Board chair

Dr. Billy Hilyer

Faulkner University