Indiana University has allocated $1 million to match the income from endowments established by IU alumni and friends to provide one-time scholarships to IU undergraduates from any campus participating in IU-approved, credit-bearing study-abroad programs. The match will help Indiana University to raise $20 million in new study-abroad scholarships. The $1 million in matching funds will be used to double the initial impact of qualifying endowments provided to the International Study-Abroad Scholarship Program by IU’s alumni and friends before December 31, 2017 or until the matching funds have been allocated.