Augustana University to Raffle Porsche for Scholarships

A 1990 Porsche convertible will be raffled on October 24 to support study abroad financial aid.

Updated on Oct. 23, 2026 in Scholarships

Augustana University to Raffle Porsche for Scholarships

Live Poll

Do you support university fundraising raffles as an effective way to help students afford study abroad?

Augustana University is offering a 1990 red Porsche convertible in a raffle ending October 24, 2026. Proceeds will benefit the Dr. Sandra Looney Study Away Impact Scholarship Fund to help students fund international travel.

Why it matters

The university is using this raffle to remove financial barriers that often prevent students from pursuing global educational opportunities. Additionally, the institution has secured a dollar-for-dollar match for donations to the fund up to $25,000.

The raffle features a 1990 Porsche convertible with only 500 total tickets available for $100 each. Donations to the scholarship fund are eligible for a match up to $25,000.

The players

Augustana University

This private university located in Sioux Falls serves as the organizing body for the scholarship raffle.

Dr. Sandra Looney

The study abroad scholarship fund is named in honor of this individual to support educational travel initiatives.

The details

Participants can enter for a chance to win the vintage vehicle by purchasing a ticket, while others may choose to contribute directly to the scholarship fund. The funds are earmarked for students seeking to study abroad in locations such as Spain, Morocco, and Costa Rica.

Ticket sales for the car raffle end on October 24, 2026, at 3:00 p.m.
The official raffle drawing occurs on October 24, 2026, at 8:00 p.m. during Viking Days.

Culture Shift

This fundraising approach reflects a broader trend of universities moving toward creative community engagement to bridge gaps in student financial aid. It moves away from traditional endowment models to capitalize on donor interest in tangible, luxury-linked incentives.

Residents of Sioux Falls can purchase a $100 ticket to support local students and potentially win a 1990 Porsche convertible. Those preferring to donate directly can double the impact of their contribution through the university's matching program.

The takeaway

Using luxury items like vintage cars can successfully generate significant attention and revenue for academic programs. Prospective donors should prioritize direct giving if they wish to utilize the matching grant opportunity effectively.