Candidate Selection Method
In addition to evaluating your submitted documents, our Scholarship Committee will take one additional step to ensure we are both successful in meeting our goals. Our Scholarship Committee will review the alignment of your chosen field of study to what we believe to be the future national and global employment trends as well as your earning potential over the next 5, 10 and 20 years. Although we cannot accurately predict the future earnings of your chosen field of study, we clearly see significant long term disruptive shifts in our workforce needs in the next few decades. For example, due to the rapid growth of Artificial Intelligence (AI) and Automation, we are seeing a few new career opportunities being born while at the same time observing many historically secure high paying careers moving towards extinction. As such, we are advising all our applicants to carefully consider their long-term career objectives and our Scholarship Committee's screening methodology before they apply for this scholarship.
Scholarship Disbursement
All awarded scholarships will be deposited directly into the student's college account (at the university or college of their choice) and will be used to help pay the student's direct cost which may include tuition, university required fees, on-campus housing and/or university meal plans.
Award recipients should carefully review their college billing statement in the year their scholarship is received to ensure their scholarship award was properly applied.
5,000 awards will be disbursed in two (2) $2,500 installments:
The first $2,500 scholarship installment will be deposited into the student's college account before the start of their freshman year.
The second and final $2,500 scholarship installment will be deposited into the student’s college account before the start of their senior year.
Important: The student must maintain a cumulative GPA of at least 3.0 at the time of entering their senior year to be eligible to receive their 2nd $2,500 scholarship award. Exceptions will be handled on a case-by-case basis by our Scholarship Administrator.
$2,000 awards will deposited into the student's college account before the start of their freshman year.
If allowed by the university, any unused scholarship funds within the academic year may be rolled over to the next academic year. If there are any unused funds at the time of college graduation, these unused funds may be used by the student to pay down any outstanding student loan balances or any other sources of student debt.
Award recipients must notify our Scholarship Administrator immediately if they withdraw from the college or university prior to their scheduled graduation date and must return all unused scholarship funds back to our Scholarship Administrator within 30 calendar days after their official withdrawal date.