Scholarships

SCHOLARSHIP POLICY

(Scholarship application link is at the bottom of this page)  

Scholarship grants: The Board shall maintain a separately accounted Scholarship Fund, at a minimum balance of $1000, from which to make educational grants. While it is historically a goal of the Club to make these grants annually, nothing obligates the Club to do so and the Board reserves the right to continue, expand, or terminate the program at any time.

Any student with a permanent or part-time residence within the Club boundaries, or any relative of a Club member, is eligible. Historically, priority has been given to high school seniors or recent high school graduates with an immediate relationship (e.g., child, grandchild, or dependent) to a Club member. A grant may be given for study at or with any accredited two-year, four-year, or vocational institution, or for any certification program required for licensed employment. Students studying in only unaccredited programs are not eligible. A grant may be awarded for any period of study; however, having once been awarded a grant, a recipient is ineligible for further grants. Grants are not transferable; however, once approved a grant may be placed on hold for up to twenty-four months following the month of awarding if the student’s plans change. If an applicant is related to a currently serving Board Member, the applicant is eligible to receive a grant only if the relative Member is recused from evaluating all applications received that year.

Grants may be in any amount, but historically have been at least $500. A student must submit a completed application to be considered. The Board may award a grant to any student who is deemed deserving; the Board is encouraged but not required to consider financial need and academic achievement. Scholarship recipients and their families shall be invited to a Monthly Gathering (the August BBQ if possible) and the recipient’s meal expenses shall be paid out of the Scholarship Fund.

The Board shall decide the number of grants to be awarded in any year, considering the number and quality of applications, amount of funds available, and other applicable factors. Applications must be received by the Board by March 31 of each year to enable award payment by May 31. If no applications are received by March 31, the AAC Board may extend the deadline, defer award(s) until the following year, or make no award that year. The Board may decline to award a scholarship in any year, for any reason.

 

June 2021 (major revisions and combined Bylaws and SRs, approved by full membership)