Scholarships

The board of directors of the Adeline Neilson Scholarship Foundation has scholarship money available. Applications are being collected and amounts will be disbursed to the students’ school in the fall.

Scholarships are available for trade school students as well as for college and university students.

The Foundation awards an average of 25 scholarships each year in amounts ranging from $500 to $4,000.

Please email ansfnd@gmail.com for an application and/or with any questions.

Alvin T. Clark Family Memorial Fund

Financial assistance is available to graduates of Johnson County High Schools, located in Buffalo and Kaycee, WY, on a loan basis bearing no interest, who are seeking a higher education in the fields of forestry, nursing, and medicine (not pre-med). Please contact Wendy Martin at First Northern Bank of Wyoming at the phone number below for further information and an application.

141 S. Main St.

PO Box 400

Buffalo, Wyoming 82834

PH: 307-684-2211

FAX: 307-684-5265

wmartin@fnbofwyo.com

Campbell County Farm Bureau Scholarship

Apply today for the Campbell County Farm Bureau Scholarship! Applications are available by sending an email to rlane.gccd@sheridan.edu or mnorfolk.gccd@sheridan.edu or stopping into the Gillette College Financial Aid Office.

Deadline to submit is March 1st to the Farm Bureau Office address listed on the application. For additional questions, please contact Lori at 307.682.4454

The Clifford P. Hansen Memorial Scholarship is in remembrance of Clifford Hansen, who was known as a Teton county rancher, Past President of Wyoming Stock Growers Association, the Governor of Wyoming, and a U.S. Senator. The Memorial Scholarship was established through contributions received in memory of Senator Hansen and other departed WSGA leaders. It recognizes outstanding college students pursuing an education related to Wyoming’s agriculture or natural resources. WSGA believes that continuing education is an important asset for youth. The $1,000 cash scholarships will be awarded for the upcoming academic year. “The Clifford Hansen Memorial Scholarship serves as a reminder of the dedicated leadership provided to WSGA and to the State of Wyoming by past and current leaders of our industry,” stated Executive Vice President, Jim Magagna.

To be eligible, students, parents or guardian must be a member in good standing of the Wyoming Stock Growers Association. The applicant must be a sophomore, junior or senior for the Fall semester or a college senior who is graduating and accepted into graduate school for the concurrent Spring semester. The student must be enrolled full-time at the University of Wyoming or a Wyoming Community College, have a cumulative GPA of 3.2 or higher and majoring in agriculture or a natural resource related field. The winner will be approved by the WSGA trustees based on recommendation from the WSGA Executive Committee. The scholarship winner will be announced at the Wyoming Cattle Industry Convention & Trade Show. Winners will be notified prior and invited to attend to be recognized in front of WSGA membership and supporters.

To apply for this scholarship, the applicant must submit an official transcript and essay of 500 words or less addressing the following questions:

• What have you gained from your college experience?
• What leadership roles have you acquired since starting college and how have those leadership roles influenced you?
• How do your post-college plans involve agriculture or natural resources?
• What characteristics distinguish you as deserving this scholarship?

All applications are due March 1 to Wyoming Stock Growers Association at PO Box 206, Cheyenne, WY 82003 or by email: info@wysga.org

Foster’s Outriders Scholarships for the Trades Program Whether you’re looking for a new job right out of high school or seeking a career change, tell us what you want to do: diesel technology, horseshoeing, welding, construction technology, machine tool technology, auctioneering, nursing, industrial electricity, automotive repair, culinary arts? There are over a hundred trade programs available at the Wyoming colleges listed below. Tell us the program in which you’d like to enroll (or are enrolled), the cost of the training, and how much we’d need to add to your resources to make it possible. Starting in Fall 2021, the scholarship has expanded to any trade school in the U.S.

No age restrictions or education requirements. The scholarship amount is based on the program and the need of each student, but they average between $2,000 to  $5,000.

Application deadlines:

Fall semester: July 31st

Spring semester: November 30th

The Hawthorn Foundation

Application Deadlines:  Fall semester, applications accepted June 1-July 31; Spring semester, applications accepted October 1-November 30th.

The Hawthorn Foundation administers a Scholarship Fund that provides grants to Wyoming individuals to enable them to complete a high school, undergraduate, graduate or technical school education in the field of their choice at any accredited school they may choose that is located in the United States. The Hawthorn Foundation’s scholarship program is intended to enable highly motivated individuals to improve their life circumstances through education and training. Scholarship recipients will be selected on an objective and nondiscriminatory basis.

To be eligible for a scholarship, applicants must reside in Wyoming and plan to attend, on a full-time basis, a fully accredited educational institution in the United States. Applicants must submit with their application: (i) a detailed plan outlining how they propose to use scholarship funds, including the name of the educational institution they wish to attend, the tuition, fees and other expenses that would be required for  attendance, the duration and location of the program, and the degree or certification they hope to obtain (an “Education Plan”); and  (ii) a description of how pursuing the contemplated course of study would improve his or her life circumstances (a “Personal Essay”). Applicants need not be traditional students who are generally eligible for scholarship aid from a variety of other sources. Rather, they may be non-traditional students, such as:

• Individuals whose needs are not being met at their public high schools and need to attend a private or alternative high school;
• Individuals who received a General Equivalency Degree (“GED”) instead of a high school diploma;
• Individuals who did not finish high school and have not obtained a GED but would like to obtain a GED and/or pursue an education at a technical or vocational school that can teach them a valuable skill for earning a living;
• Low-income adults who are returning to school, or are starting a higher education for the first time;
• Low-income individuals who will be the first in their family to attend college;
• Individuals who are striving to overcome obstacles in their lives (e.g., foster care system, homelessness) and are looking to make a fresh start through education; or
• Returning military.

Scholarship applicants who meet the eligibility requirements will be evaluated based on a variety of criteria, the most important of which are:

• Quality and strength of the applicant’s Education Plan;
• Quality and strength of the applicant’s Personal Essay;
• Demonstration of motivation, enthusiasm and aptitude to pursue and complete the educational program;
• Degree of financial need.

If you are interested in learning more about Hawthorn Foundation’s Scholarship Program, please visit our Contact Us page and send us a message. We will provide you with complete information about the program. If you are eligible to apply, fill out our Online Scholarship Application today.

Applicant must be a resident of Johnson County, WY. Preference will be given to employees of the Johnson County Memorial Hospital or Amie Holt Care Center. Applicant must be enrolled in a recognized nursing or health care related program. Approved applicant will receive up to $500 for the first semester, which is half of the yearly scholarship. An additional amount of up to $500 will be awarded for the second semester after the Auxiliary receives a transcript showing the student has maintained an acceptable GPA of at least 2.50 for the previous semester. The applicant may receive up to $1,000 per year.

Please email scholarships@sheridan.edu to obtain an application.

Wyoming Farm Bureau Federation

The Livingston Family – H.J. King Memorial Scholarship and Wyoming Farm Bureau Federation Scholarships are now available.  The Livingston Family – H.J. King Memorial scholarship is available to 1 recipient in the amount of $1,500. The Wyoming Farm Bureau Federation scholarship is available to 5 recipients in the amount of $500 each.

The Wyoming Farm Bureau Federation Continuing Education scholarships are now available. Three (3) awards of $500 each.

Please email scholarships@sheridan.edu to obtain applications. Application deadline March 1. Postmarked applications must be returned to the address listed on the application.

Model A & Pioneer Car Club

This scholarship is for Sheridan County and Johnson County high school graduates who are interested in automotive or related fields as a career. Our intent is to encourage local high school graduates to pursue careers in an automotive field of study that includes but is not limited to auto/diesel technician, welding, fabrication, automotive restoration, machinist, etc. The club awards this scholarship annually. It is not based on income level.

Please email scholarships@sheridan.edu for an application. Application lists additional eligibility requirements. Applications must be postmarked by April 17.

RMACAC Electronic scholarship application is available on the website.

The mission of RMACAC is to support and advance the work of counselors as they help students realize their full educational potential, with particular emphasis on the transition from secondary schools to colleges and universities and with attention to access and equity, including college readiness, for all students.

RMACAC is excited to once again offer two (2) $1,000 scholarship to students in each of our member states; Arizona, Colorado, New Mexico, Utah, and Wyoming, for a total of $10,000 in award monies. We have tried to keep this application and supplementary materials as concise and simple as possible. This scholarship is awarded to students who live in one of the member states, attend a public or private high school in one of the member states, is in their final year of high school, and will be attending a regionally accredited college or university beginning the Summer or Fall term.

This scholarship also requires that interested students be nominated by a current paid member of RMACAC by the date of the close of the application. If your counselor is not already a member, they can still join by going to https://rmacac.org/membership/. Your application will not be considered if your nominator is not a member of RMACAC.

Please note this form cannot be saved and returned to at a later date. Complete the application in one sitting.

Should you have any questions, please reach out to the Inclusion, Diversity, Equity, and Access (IDEA) Chair, Tyler Cegler, at either tyler.cegler@nau.edu or 928.523.5907.

RMMM  Printable or electronic scholarship application is available on the website. Deadline is March 1 each year.

QUALIFICATION REQUIREMENTS

The “Ernest Swinney Master Mechanic Scholarship” is offered to those individuals who are 18 years of age or older, have graduated or will graduate from an accredited high school, and possess adequate practical experience and /or formal training to meet institutional prerequisites and demonstrate sincerity.

INSTITUTIONAL RESTRICTIONS

This award may be used at any nationally accredited institution in the Rocky Mountain Region offering no less than a two year degree in mining related technical, maintenance or field mechanics.

RECIPIENT’S OBLIGATION

The recipient of this award will be required to verify their pursuant of not less than a two year degree in mining related technical, maintenance, or field mechanics. Maintain no less than a 2.0 on a 4.0 scale or C grade average. Scholastic standing to be reported to committee chairperson on a semesterly basis and conform to the governing rules and regulations of the institution. Non compliance to any or all of the above requirements will constitute loss of future awards.

The Rocky Mountain Mining Institute offers technical scholarships to students interested in mining.

• $1,000 scholarship for one year
• Students interested in mining as a career path, or studying diesel mechanics, machining & manufacturing, electrical, etc. are encouraged to apply.
• Application deadline is March 1, 2024
• Visit www.rockymtnmining.org and follow the tabs to the scholarship page

For questions, please reach out to Morgan Malkowski at 307-464-2411 or mmalkowski@archsc.com

The Wyoming Scottish Rite Foundation is an incorporated, non-profit organization of the Masonic Fraternity dedicated to charitable and educational purposes.

Eligibility: Scholarship applicants must be graduates of a Wyoming High School or hold a Wyoming G.E.D. Renewals may be granted providing the student submits a complete application and is approved by the committee. The recipients must be full-time students during the year the scholarship is used. Completion of a full course load with a minimum GPA of 2.00 is required for the full year in order to be considered for a renewal.

How to apply: By June 1, submit application and supporting documentation to: Scottish Rite Foundation, 1820 Capitol Ave, Cheyenne WY 82001. The application can be obtained by emailing scholarships@sheridan.edu. The application must be accompanied by the following documents: a current grade transcript, two (2) letters of reference, a recent color head & shoulder, wallet-sized photograph, which may be used in a Masonic publication.

Selection of Recipients: The Wyoming Scottish Rite Foundation Scholarship Committee will make the final selection of students. The award will be based on the following rank order: 1) Leadership potential and activities; 2) GPA; 3) Financial Need.

Sheridan Community Federal Credit Union

We believe that our community is the foundation of the credit union.  In order to support our community, we offer scholarships every year to students attending Sheridan College full time.  The scholarship is open to those who:

• Live in Sheridan County
• Have graduated high school or received their G.E.D.
• Have a GPA of 2.75 or higher
• Are enrolled Full Time at Sheridan College.

Steps to apply:

• Pick up an application at SCFCU
• Fill it out
• Write a one page summary detailing why you want the money and how you will use it to further your education

Applications and summaries must be submitted by April 30 for each school year. Award amount is $500.00 per semester

Society of Mining, Metallurgy and Exploration – Central WY Section – The Coates, Wolff, Russell, Swank & Odell Memorial Scholarships

Offering up to five (5) $2,000 scholarships for this academic year.

Applicant Requirements:

• Must be a WY high school graduate
• Must be enrolled full-time for the current academic year
• Upperclassmen; current college sophomore, junior, senior, or graduate student
• Currently enrolled in a discipline that could lead to a career in Mining and/or Mineral Extraction Industries; Examples: Mining Engineering, Metallurgy, Geology, Geophysics, Chemical Engineering, Physical Sciences, or other related discipline.
• 3.0 GPA minimum

Please contact smecasper@gmail.com for an application and/or any questions. Applications due April 5, 2024.

The Powder River Basin Section of the Society of Petroleum Engineers (SPE), Inc. is pleased to make scholarships available to qualified applicants for the upcoming academic year. Awarded amounts can range from $500 to $2,000, with the number of scholarships awarded generally ranging from 10 to 20. Scholarship applicants should have a desire to pursue a career in the oil and gas industry, and meet the following requirements:

1. Major in Engineering (preference to Petroleum Engineering); a portion of the scholarships may go to Non-Engineering students based upon recommendations by the committee.
2. Must be enrolled as a full-time student.
3. Entering freshmen, sophomore, junior, or senior of a four-year program, or freshmen or sophomore of a two-year program.

Applications should be submitted to the referenced address. Scholarship applicants will be notified via mail.

Applications should be mailed to: SPE Scholarships ATTN: Jared Kennedy PO Box 3977 Gillette, WY 82717. Additional information for the Powder River Basin Section Scholarship can be found at SPE.org. Please email scholarships@sheridan.edu for an application.

Questions? Please contact Phil Jordan, Scholarship Chair, jordanpro@vcn.com

Vicki Carroll Memorial Scholarship

The Wyoming Chapter of ARMA’s scholarship opportunities relate to enrollees at Wyoming community colleges or the University of Wyoming.

Vicki Carroll Memorial Scholarship

Vicki Carroll was one of the original chapter members when the Wyoming Chapter of ARMA was chartered in 1979. She served on multiple board positions, and was President from 1997 to 1999. Vicki was an active, positive and encouraging RIM professional until her life was cut short by a tragic disease. In 2006 the chapter honored Vicki’s work and dedication to the chapter by naming its scholarship and educational opportunities after her.

The Vicki Carroll Memorial Scholarship Fund has been updated to assist ARMA Wyoming members in furthering their education in the dynamic field of records and information management. Scholarship awarding is managed by the Wyoming Chapter of ARMA Board..”

The Vicki Carroll Memorial Scholarship Fund provides financial assistance to ARMA Wyoming members for the following:

• University and College Studies (ARMA Wyoming Members Only): Applicant must select courses from an accredited university or college. Courses must be related to records/information management, archive/library science or computer science.
• Certification (ARMA Wyoming Members Only): Applicant may be awarded scholarship funds to pursue a certification as a Certified Records Manager (CRM) through the Institute of Certified Records Managers or Information Governance Professional (IGP) through ARMA International.
• Seminars (ARMA Wyoming members only): Scholarship funds can be awarded for seminar registration costs. This pertains to registration costs for seminars/conferences In either case, the area of learning must be related to aforementioned disciplines. Seminars must be related to records/information management or archive/library science.

The Wheatland Kiwanis Club is sponsoring a minimum of one (1) scholarship to a college student from Platte County who is currently enrolled full-time in college (and/or technical school), but who has not yet attained their degree. The amount of the scholarship will be determined by the Wheatland Kiwanis Club. This scholarship can be applied for use outside of the state of Wyoming. The scholarships will be sent to any school of the recipient’s choice (upon proof of registration).

Any student from Platte County interested in the scholarships should write a letter of application requesting consideration. The letter and attachments should include the following information. Only hard copies of all attachments please. Referrals to websites and/or incomplete, unsigned, late and/or unclear applications will NOT be considered. The letter must include the following information:

Name, address and phone number
E-mail address
Date graduated, and from which Platte County school
Semester of entry and name of post-secondary school being attended
Educational goals and career plans
Statement of financial need
Summary of work experience
Summary of community and/or volunteer service
Summary of college activities
Signed copy of high school and/or college transcripts for seven semesters.
ACT composite score
Letters of recommendation (no more than three) optional. These letters should be from your current professors.
Please review the application process to make sure you fulfilled all requirements.
Applications must be received on or before April 15 to the following address:

Jim Lockwood

131 Front Road

Wheatland, WY 82201

WyHy Federal Credit Union

WyHy Federal Credit Union is offering two (2) $2,000 and two (2) $1,000 onetime scholarships for the 2022-2023 school year. Applicants must be:

• A WyHy member as a primary or joint owner for at least a year
• Registered, or planning to register, as a full-time student (12 credits or more) in a U.S. accredited undergraduate college, university, or technical school.
• Not be an employee or relative of an employee of WyHy Federal Credit Union. Volunteers and relatives of volunteers are also not eligible.

A scholarship application must be submitted by May 31st. Visit the link above for full details as well as for an on-line or a printable application. You may also apply in branch.

Wyoming Archaeological Society

The Wyoming Archaeological Society offers several scholarships each year for students studying anthropology, archaeology, history, American Studies, and/or Native American studies in Wyoming.

Applications for the following scholarships are available on the website listed above.

The David Reiss Memorial Community College Scholarship awards $500.00 with an application deadline of April 1st.

Questions?  Please feel free to call Jenny Aiello at (406) 579-6832.

The Wyoming Conference of Building Officials

The Wyoming Conference of Building Officials (W.C.B.O.) Scholarship Program will be awarding scholarships for the 2023-2024 school year. The W.C.B.O. Board of Directors established the W.C.B.O. Scholarship Program in 2021. Scholarships are given to graduates of Wyoming high schools who enroll in a Wyoming college, university, or trade school approved by the W.C.B.O. Scholarship Committee and who are pursuing courses of study which could lead to a career in the construction/building industry. These fields include, but are not limited to, general building construction, electrical, mechanical and plumbing fields; business management, accounting; office procedures and management; computer skills and safety.

Scholarship applications are available on the website: Wyoming Conference of Building Officials

Questions? Please contact Wilson & Associates in Cheyenne: 307.632.1776

Wyoming Geological Association

The Wyoming Geological Association has 4 scholarships available for application today! These scholarship opportunities are open to students studying Geology, Geoscience, and Earth Science. Please see their website for more information and specific scholarship details.

Wyoming Homemakers Scholarship

Available To: Continuing Education Students who are residents of the State of Wyoming, second year or above in college.

Provided by: Wyoming Homemakers

Number of Awards: One

Amount: $500 or amount according to funds available

Due Date: March 15 every year

Scholarship Committee will be Wyoming Homemakers

Payment: These awards will be paid to the college upon receipt of a registration form or verification of enrollment in the semester following application.

The Wyoming Homemakers will award a scholarship for a student in the second year or above in college. The amount will vary according to funds available. The student awarded must be working towards a degree, be a full time student (12 credits), and meet one of the following criteria:

1. Attend an accredited Wyoming Community College.
2. Attend the University of Wyoming
3. Attend an affiliated college in the Western Undergraduate Exchange Program or a college with a reciprocal tuition program.
4. Attend a Wyoming trade school for education.
5. Be taking on-line classes at an accredited institution while living in Wyoming.

The goal of the Wyoming Homemakers is to promote continuing education in all of its forms and the values of the Wyoming Homemakers Association ie. home, family and education.

This scholarship will be awarded on these points:

• Scholarship                                 40%
• Financial Need                           30%
• Leadership                                  10%
• Citizenship                                  10%
• Community Involvement         10%

Please email scholarships@sheridan.edu for an application.

Return applications to: Beverly Reed, 1003 Dull Center Rd, Douglas, WY 82633.

The Wyoming Retired Education Personnel scholarship, in the amount of $750, is for the purpose of attending a Wyoming Community College for the 2022/2023 academic year. Eligibility requirements are as follows:

• A Wyoming resident
• An incoming sophomore (at least 30 credits)
• An education major
• High School and College GPA of 3.0
• Financial need

Wyoming Telecommunications Association

The Wyoming Telecommunications Scholarship is for students who desire to further their education in the telecommunications industry or technical skill development. This scholarship is $1,000 for 1 (one) student. The application is open to students graduating high school, as well as to those students currently enrolled in a college or vocational institution. Student or student’s parents/guardians must receive telecommunications service from a participating WYTA member.

Use the link above to read more. Application deadline: April 14

Wyoming Trucking Association, Inc

The Wyoming Trucking Association Scholarship Fund will be awarding its Transportation Education Scholarships. To qualify, students must be a Wyoming high school graduate, attend a Wyoming school (University, Community College or trade school) approved by the WTA Scholarship Committee, and plan to pursue a course of study which will lead to a career in the Highway Transportation Industry with the following approved courses of study: business management, computer skills, accounting, office procedures and management, safety, diesel mechanics and truck driving.

Scholarship applications are available via download on the WTA’s website. Enter scholarship in the search box. The completed applications should be submitted to the Wyoming Trucking Association, PO Box 1175, Casper WY 82602. If you have any questions, please call Wyoming Trucking Association in Casper: 307.234.1579

The Dodd and Dorothy L Bryan Foundation Interest-free academic loans

$5,000.00 Maximum per Year, Deadline – June 15th

$1,000.00 for Summer School for Existing Students. Deadline for Summer School – Summer School Loans for Existing Loan Recipients – See Renewal Application

The following criteria must be met:

1. Must be a resident of Sheridan, Campbell, or Johnson County in Wyoming; Powder River, Rosebud, or Big Horn County in Montana for at least one year prior to the date the application is filed.
2. For academic loans, there is no age limit. For vocational loans, there is no age limit except that, if the applicant is over 30 years of age at the time the application is filed, approval will require an affirmative vote of four directors.
3. Must be attending full-time.
4. Loan is need based. See full details on their website at https://www.bryan-foundation.com
5. Must have GPA of 2.50 cumulative in high school and 2.25 cumulative in college.

How much can you borrow?

• For undergraduate students, $6,000 max per year; for graduate students, $7,500 max per year. The loan will be paid one-half (1/2) for each semester or one-third (1/3) per quarter.
• Vocational students may borrow up to $24,000 over the length of the program. The annual limit of $6,000 does not apply to these students.
• Total lifetime borrowing for undergraduate or vocational studies is limited to $24,000. Lifetime limits are increased to $54,000 if a student attends graduate school.

How to apply?

• Must submit formal application provided by the Bryan Foundation for the initial loan. Once accepted into the loan program, only the renewal application is required. All applications are on their website, https://www.bryan-foundation.com
• Must submit high school transcript or the most recent college transcript if currently attending college full-time
• Must submit pages 1 and 2 of the most recent Individual Federal Income Tax Return Form 1040 for co-signer(s).
• Both parents must co-sign your note, unless applicant is living with one parent. If applicant is married, spouse can sign the note.
• Renewals are awarded automatically upon receiving Renewal Application and proof of 2.25 cumulative GPA and full-time registration.

Bryan Foundation, in its sole and absolute discretion, has the authority to determine whether a student meets the qualifications for loan approval.

Whitney Benefits Interest Free Loans

Up to $24,000 for undergraduate or vocational studies

• $6,000 per academic year for undergraduate studies, with a total loan of $24,000; or
• Up to $24,000 for a vocational program of study, divided equally over the number of terms of the program.
• An additional $16,000 for graduate or professional studies; $40,000 total loan for undergraduate and graduate studies.
• All past and present students are limited to a maximum $40,000 lifetime credit limit.

LOANS ARE AVAILABLE TO:
Graduates of an accredited Sheridan/Johnson County High School,
OR
Students who have obtained a GED from a Sheridan/Johnson County High School or from Sheridan College,
OR
Individuals that have had at least four years of continuous residency in Sheridan or Johnson County immediately prior to applying for a loan.

REQUIREMENTS
Applicants must have:
• A 2.5 cumulative grade point average from high school, or
• A 2.25 cumulative grade point average from college.

Other requirements do exist

Deadlines:
Fall semester – October 1
Spring semester – March 1

APPLICANTS CANNOT:

• Be related to Whitney Benefits Board members.
• Currently have loans with the Dodd and Dorothy L. Bryan Foundation, B.F. and Rose H. Perkins Foundation, or any other private foundation.
• Currently be receiving a Daniels Fund scholarship.

Whitney, in its sole and absolute discretion, has the authority to determine whether a student meets qualification for loan approval.

B.F. & Rose H. Perkins Foundation Interest-Free Student Loans

This is a local foundation not affiliated with the National Perkins Loans

Money in amounts agreed upon by the Board of Trustees of B.F. and Rose H. Perkins Foundation, not to exceed $5,000.00 a year, will be loaned to needy and worthy young men and women who have resided in Sheridan County for more than one year and graduated from an accredited High School located in Sheridan County. There is no limitation on the accumulated total loan amount.

1. The loan applicant shall be no more than 20 years of age when making the initial application, however, once a student has received assistance from the foundation they are eligible for future loans with no limitations on age.
2. The loan applicant must provide a transcript of grades showing a minimum of a 2.5 GPA with the initial application.
3. The loan shall be an honor loan without interest.
4. The recipient of the funds shall be required to sign a promissory note pledging to repay such funds at the suggested rate in the repayment schedule, starting in the sixth month after graduation, or termination of schooling. Said note shall be co-signed as required, unless waived by the Foundation Board of Directors.
5. Money borrowed from the B.F. & Rose H. Perkins Foundation for a particular purpose shall become due in full at once if used for any other purpose.
6. If the student drops out of school or discontinues school for any reason, the note or notes shall become due and payable and payments shall start no later than the sixth month after leaving school.
7. Transcript of grades must be sent to the office of the Foundation at the end of each reporting period. Grades lower than 2.25 based on 12 credit hours minimum per grade period will disqualify the borrower for additional loans until grades meet the requirements.
8. The applicant must be registering as a full-time student, i.e., a minimum of 12 credit hours per grade period.
9. Insurance coverage is required in an amount at least equal to the amount you will borrow until graduation and it must be kept in force until the loan is paid in full. A collateral assignment must be furnished the Foundation either on a new or existing policy. Failure to keep it in force until the loan is paid in full will cause the entire loan to become due and payable.