Here’s an opportunity to provide enormous funds to dependents of full-time employees in the financial services industry for their higher education. The Gordon A. Rich Memorial Foundation is launching its scholarship program for students who need funds to accomplish their studies. Applicants must be graduating high school seniors enrolling as full-time first-year students in pursuit of a four-year bachelor’s degree at an accredited college/university in the United States to be eligible.
The Gordon A. Rich Memorial Foundation designed the scholarship program to support and motivate students with a great academic record. The funds granted by the foundation will not only support them but give them a chance to achieve their goals without any financial hurdles. The recipients will be judged based on their complete applications and essay.
The Gordon A. Rich Memorial Foundation was created to honour the memory of Gordon Rich. Gordon was an individual of extraordinary talent, energy and persistence with a passion for life. He was extremely bright, hard-working, a superb athlete, an accomplished pianist, a master chef and wine connoisseur, an advisor to corporations and their leaders and a loving father and husband. Its mission is to provide grants to support the higher education goals of their recipients. The recipients of GAR scholarships are exceptionally qualified high school students with demonstrated financial need.
Know more about the program in the table mentioned below:
|Organization||Gordon A. Rich Memorial Foundation|
|Educational Level||High School Senior Students|
|Number of Awards||Up to 7|
|Application Deadline||February 16, 2021|
Who May Be Eligible?
Applicants with below requirements will be considered for the program:
- Candidates must be dependent children of full-time employees in the financial services industry (commercial banks, investment banks, securities brokerage firms, insurance companies, fund and asset management companies, credit card and finance companies and similar businesses as determined by the Foundation).
- Employees must be presently employed with five years of experience OR no longer employed in this field but had ten years of experience which ended no longer than five years before the GAR Scholarship application closing date.
- Applicants must be graduating high school seniors who are enrolling as full-time first-year students in pursuit of a four-year bachelor’s degree at an accredited college/university in the United States.
- Must have a minimum grade point average of 3.5 (on a 4.0 scale) and rank in the top 20% of their class.
- Must demonstrate financial need.
- Must be a US citizen or legal resident.
How to Apply
The foundation is receiving applications electronically from eligible candidates. Interested applicants will be required filling out their details through an online application form. The applications will be considered complete only with the addition of the mentioned supporting documents. Applicants with incomplete or late applications will not be considered.
- Applicant Data
- Parent/Guardian Information
- Applicant Appraisal to be completed by a high school counsellor or a teacher from your junior or senior year
- An essay response to a given prompt (500 words or less)
- An official transcript of grades from each school attended
- Cumulative GPA
- Standardized test scores (SAT I or ACT)
- The essay topic: Drawing on your interests, accomplishments and experiences, tell how you’ve embodied the passion, spirit and ideals exemplified in the life of Gordon A. Rich.
- The current, complete transcript of grades. Grade reports will not be considered.
- Unofficial or online transcripts must display student name, school name, grades and credit hours for each course, and term in which each course was taken.
- Recipients of the program will get to attain the below benefits:
- The student will receive up to a $12,500 award
- The foundation will grant up to seven awards
- Fund distribution and number of awards granted are subject to change per the Foundation based on funds available
- The scholarship may be renewed for up to three additional years or until a bachelor’s degree is earned, whichever comes first
- Renewal is upon satisfactory academic performance and an annual review by the Foundation of recipient’s progress. This includes a detailed update of the recipient’s projects and activities during the academic year
The application deadline to apply for the scholarship program is February 16, 2021. Students are asked to submit their complete applications to get consideration.