Scholarships for Students Pursuing a Business Degree


Since 2006, the Scarlett Family Foundation has awarded over $720,000 in college scholarships to middle Tennessee students in pursuit of a business degree. These students are attending both public and private colleges and universities throughout the United States.

The online application window for the 2010 - 2011 school year CLOSED December 15th, 2009, no exceptions. The window to apply for the 2011 - 2012 school year will be September 15, 2010 to December 15, 2010.


Eligibility
Scarlett Family Foundation Scholarships are open to high school seniors and college freshmen, sophomores, and juniors who will graduate or have graduated from high school in one of the following Middle Tennessee counties: 

Bedford Dekalb Humphreys Maury Rutherford Wayne
Cannon Dickson Jackson Montgomery Smith White
Cheatham Fentress Lawrence Moore Stewart Williamson
Clay Franklin Lewis Perry Sumner Wilson
Coffee Giles Lincoln Pickett Trousdale  
Cumberland Hickman Macon Putnam Van Buren  
Davidson Houston Marshall Robertson Warren  

Also eligible are individuals who obtain or have obtained a GED in the previously named counties prior to June 1, 2010.  The qualified applicant is planning to pursue a career in business or has demonstrated entrepreneurial interests or leadership as evidenced by any of the following:

  • starting his or her own business;
  • participation in one or more business-related organizations like DECA, FBLA, Junior Achievement and The National Foundation for Teaching Entrepreneurship; or
  • through other business related initiatives.

You should consider any endeavors or work experience you have offered as a community service.  For example: website design, babysitting, lawn care, dog walking, tutoring, etc.  An officially established business is not a requirement. A minimum GPA is not required, though the Foundation prefers applicants with a 2.5 GPA or higher. Students must be planning to enroll full-time in the fall of 2010 and complete a four year degree.

Awards
Each year, the Scarlett Family Foundation will award scholarships in varying amounts based on financial need.  The minimum scholarship amount will be $2,500 per academic year.   The maximum award is $15,000 per academic year. Scholarships are renewable awards for up to four years or until the recipient completes their undergraduate degree, whichever comes first. The renewal of the scholarship will depend on continued positive academic performance and financial need.

The scholarships will be applied to tuition, fees, books, supplies, and equipment required for course load at accredited, nonprofit four-year colleges/universities in the United States. A student may transfer from one institution to another and retain the award.

Winner Selection
An Independent Selection Committee will evaluate the applications and select the winners. The use of this committee is designed to ensure the impartiality and confidentiality of the selection process. In evaluating the applicants, the committee will consider the applicants' financial need, academic records, community service, extracurricular activities, essay content, and involvement in entrepreneurial activities as described in the eligibility requirements. Winners will be notified 3 months past the deadline.

Responsibilities of Recipients
Recipient responsibilities include enrolling as full-time undergraduates in the fall of the year in which the scholarships are awarded and continuing in school for the entire academic year without interruption, barring illness, emergency, or military service. Scholarship recipients are responsible for delivering their scholarship checks to the proper office at their institution.

Payment of Funds
Checks will be mailed to each recipient’s mailing address and will be made payable to the institution only. Checks will be issued in August for the fall semester and December for the second semester.

Program Administration
To assure complete impartiality in selection of winners and to maintain a high level of professionalism, the program is administered by International Scholarship Tuition Services, Inc. (ISTS), a firm that specializes in managing sponsored scholarship programs.

To Apply for the Scholarship
To apply for the scholarship, log on to www.applyists.net click the "APPLY for a new scholarship" link. Use the access key: SFFS, and follow the instructions. The online application window for the 2010 - 2011 school year CLOSED December 15th, 2009. The window to apply for the 2011 - 2012 school year will be September 15, 2010 to December 15, 2010.

For additional information regarding the scholarship program contact:
Scarlett Family Foundation Scholarship Program
c/o International Scholarship Tuition Services, Inc..
P.O. Box 23737, Nashville TN 37202-3737
Fax (615) 320-3151
Email:  https://www.applyists.net/EmailRequestForm.asp
 access Key: SFFS

      Download the SFF Scholarship Frequently Asked Questions 2010-11 document


 



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