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Each year, congregational giving for United Methodist Student Day helps to underwrite about 5% of the average $5.5 million awarded annually to thousands of eligible United Methodist students worldwide through over 70 scholarship funds under management by the General Board of Higher Education and Ministry. Another 8% of the scholarships available through The United Methodist Church are underwritten by the World Communion Sunday Offering.

For whatever reasons, giving to United Methodist Student Day remains one of the lowest of the five Special Sundays, falling in fifth just ahead of Human Relations Day in 2021. Three of the other four funds receive substantially more in Special Sunday giving each year, averaging around $400,000/year, while UMCOR Sunday regularly draws around $2 million each year. 

United Methodist Student Sunday giving is relatively small, by comparison to other Special Sundays, leaving 95% of the scholarships awarded to be funded by other sources. GBHEM notes that 63% is supported by endowments, and 22% by wills and annuities. The remaining 2% comes from online gifts and fiduciary income. More students from more places could be supported were United Methodists to give more to support this Special Sunday. which falls on the last Sunday of November each year. 

There are 49 scholarship funds that to support United Methodist students enrolled in the United States. Some of these are 

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