USA Funds® will award up to $1 million
in scholarships to students with economic need through USA Funds Access to
Education Scholarships®.
USA Funds is the nation’s
leading education loan guarantor. A nonprofit organization, USA Funds works to
enhance postsecondary education preparedness, access and success by providing
and supporting financial and other valued services.
Application deadline: Feb. 15, 2010.
Eligibility
USA Funds Access to Education Scholarships
are open to high school seniors, currently enrolled college or professional
degree students or incoming college or professional degree students who:
- Plan to enroll or are enrolled in full- or half-time undergraduate or
full-time graduate or professional degree coursework at an accredited
two- or four-year college, university or vocational/technical school. GED
recipients also are eligible. Students must plan to enroll or be enrolled
beginning with the fall 2010 term through Feb. 1, 2011.
- If studying abroad, are attending or planning to attend a postsecondary
institution that is eligible to participate in student aid programs under
Title IV of the federal Higher Education Act.
- Have an annual adjusted gross family income of $35,000 or less, as
documented on a 2009 federal 1040 income tax return on which the applicant is
claimed as a federal tax exemption.
- Are U.S. citizens or eligible noncitizens. Students studying in the U.S.
on an F1 visa are not eligible. Eligible noncitizens must be permanent U.S.
resident aliens with a Green Card, or refugees with a Departure Record (Form
I-94) from U.S. Citizenship and Immigration Services showing one of the
following designations:
- Refugee.
- Asylum granted.
- Alien paroled into the U.S. for at least one year.
- Alien granted a stay of deportation due to fear of persecution on
account of race, religion or political opinion.
- Conditional entrant (if I-94 was issued before April
1980).
• Are not currently in default on a federal education loan.
Students attending postsecondary institutions, such as United States service
academies, that do not charge tuition and room and board to the general student
body are not eligible to receive awards under this scholarship program.
Applicants from all 50 states, the District of Columbia, Puerto Rico, Guam,
the U.S. Virgin Islands, and all U.S. territories and commonwealths are eligible
for USA Funds Access to Education Scholarships. Priority consideration for the
awards will be given to applicants from Arizona, Hawaii, Indiana, Kansas,
Maryland, Mississippi, Nevada and Wyoming, states that USA Funds serves as the
federally designated guarantor of federal student loans, and from Washington and
Idaho, states that USA Funds’ affiliate Northwest Education Loan Association®
serves as the federally designated guarantor of student loans.
Additionally, up to 50 percent of the scholarship awards will be targeted to
applicants who are members of an ethnic minority group or have a documented
physical disability. Ethnic minority groups are defined as follows:
- Alaskan Native/American Indian.
- Asian.
- Black/African-American.
- Hispanic or Latino.
- Native Hawaiian or Pacific Islander.
According to the Americans with Disabilities Act, individuals are considered
to have a disability if they have a physical impairment that substantially
limits one or more major life activities, have a record of such an impairment or
are regarded as having such an impairment. Applicants who are physically
disabled must submit a doctor’s statement describing the disability, including
the degree and limitation on their ability.
Awards
The program will award scholarships of $1,500. The
scholarships are non-renewable, but students may reapply in subsequent years, as
long as their cumulative awards under the program do not exceed $6,000.
Application
To be considered for a scholarship, an
application must be submitted online by Feb. 15, 2010. We strongly encourage
students to submit their application well before the application deadline.
By March 11, 2010, all applicants will be notified whether they have been
selected as a finalist. Only finalists will be required to mail the following
additional documentation to Scholarship Management Services, the administrator
of this scholarship program:
- IRS 1040 tax forms for 2009 showing a combined household adjusted gross
income of $35,000 or less.
- Current complete transcript(s) of grades (including grading scale and
undergraduate transcript if attending graduate school) or GED test scores.
Online transcripts must display student name, school name, grade and credit
hours earned for each course and the term in which each course was taken.
Scholarship Management Services reserves the right to verify all information
on transcripts.
- Doctor’s statement (if physically disabled).
- Copy of Green Card or I-94 with the appropriate designation (if you are
not a U.S. citizen).
To receive consideration for a scholarship, only applicants who are notified
that they have been selected as finalists must mail the required documents
postmarked by April 6, 2010, to:
USA Funds Access to Education Scholarships
Scholarship Management
Services
One Scholarship Way
Saint Peter, MN 56082
Applicant Responsibilities
Applicants are responsible for
submitting all necessary information. Because Scholarship Management Services
evaluates applications on the information supplied, it is important to answer
all questions as completely as possible. Scholarship Management Services and USA
Funds keep all submitted information confidential.
Selection of Recipients
Scholarship awards will be based
on the applicant’s:
- Past academic performance and future potential.
- Leadership and participation in school and community activities.
- Work experience.
- Career and educational aspirations and goals.
- Unusual personal or family circumstances.
By June 30, 2010, Scholarship Management Services will notify all finalists
whether they have been selected to receive an award.
Payment of Scholarships
Each recipient will receive one
check mailed by Aug. 31, 2010. The check will be payable to the school for the
student, but mailed to the permanent home address specified by the student at
the time of scholarship acceptance.
Obligations
USA Funds Access to Education Scholarships
must be used for tuition, room and board and/or other education-related
expenses.
Students who accept a scholarship grant USA Funds permission to use their
names, photos and testimonials for publicity purposes. Finalists must supply
Scholarship Management Services with additional documentation requested on the
application and notify Scholarship Management Services of any change of address,
school enrollment or other relevant information.
Revisions
USA Funds reserves the right to review the
conditions and procedures of these scholarship programs and to make changes,
including termination of the program, at any time.
Additional Information
USA Funds Access to Education
Scholarships are administered by Scholarship Management Services, a division of
Scholarship America. Scholarship Management Services is the nation’s
largest designer and manager of scholarship and tuition reimbursement programs
for corporations, foundations, associations and individuals.
For additional information about USA Funds Access to Education Scholarships,
first read our frequently
asked questions. If you still have questions, send us an e-mail or call
Scholarship Management Services, toll-free, (800) 537-4180. For answers to
questions about the scholarship application, please call prior to Feb.
15, 2010. We cannot guarantee a response by the application deadline to
inquiries received after noon Central Time on Feb. 15, 2010.
Complete the Application
Complete the online scholarship application
form.