Scholarship Policy 2025: Difference between revisions
From Pumping Station One
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Consistent with our mission, PS1 offers Scholarships to individuals that might not otherwise be able to participate due to financial constraints, or who seek membership for the purposes of education or community service. | Consistent with our mission, PS1 offers Scholarships to individuals that might not otherwise be able to participate due to financial constraints, or who seek membership for the purposes of education or community service. | ||
=== Scholarship Team === | |||
"Scholarship Team" refers to the scholarship officer and any members in good standings that are delegated with any of the duties below. | |||
===== General Team Duties ===== | |||
* Communicating with applicants and recipients | |||
* Reviewing applications and vetting candidates | |||
* Providing support to recipients throughout their scholarship term | |||
* Answering any support tickets relating to scholarships | |||
* Expanding and codifying scholarship processes and resources where a board or member vote is not necessary | |||
* Working with class/workshop instructors to integrate scholarship recipients in a mutually beneficial manner | |||
===Financial & Logistical Considerations=== | ===Financial & Logistical Considerations=== | ||
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Scholarships are to occur on an annual application cycle beginning on the first week of March for a smooth on-boarding process for scholarship recipients. Scholarships are approved for 12-month cycles with decisions being sent to candidates within the first week of March. All scholarships will have an option to renew via reapplication for an additional 12 months within three calendar years. Former scholarship recipients may be considered again in the third year, or for the second scholarship term within the same two years if there are insufficient applications to saturate the scholarship budget for the upcoming term. | Scholarships are to occur on an annual application cycle beginning on the first week of March for a smooth on-boarding process for scholarship recipients. Scholarships are approved for 12-month cycles with decisions being sent to candidates within the first week of March. All scholarships will have an option to renew via reapplication for an additional 12 months within three calendar years. Former scholarship recipients may be considered again in the third year, or for the second scholarship term within the same two years if there are insufficient applications to saturate the scholarship budget for the upcoming term. | ||
Scholarship selections will be guided by the specifics of the selection criteria that are generally laid out in this document. The selection process | Scholarship selections will be guided by the specifics of the selection criteria that are generally laid out in this document. The selection process is done by the Scholarship Team, provided that scholarship recipients are ultimately reviewed and voted on by the Board of Directors. | ||
The Scholarship budget may also receive additional funding from donors in addition to what is voted upon in the annual budget. Donor funding may be added to the general scholarship pool, or as a separate scholarship designed to support particular applicants (e.g. a scholarship specifically for welders) provided those scholarships fit the goals and objectives of Pumping Station: One and are approved by the Board of Directors. All sponsored scholarship types should be made available for review by the membership, including those that are temporary, although donors and recipients may remain anonymous. Funds provided by donors for the purpose of supporting scholarships will be added to the general pool of Scholarship funding unless otherwise specified. | The Scholarship budget may also receive additional funding from donors in addition to what is voted upon in the annual budget. Donor funding may be added to the general scholarship pool, or as a separate scholarship designed to support particular applicants (e.g. a scholarship specifically for welders) provided those scholarships fit the goals and objectives of Pumping Station: One and are approved by the Board of Directors. All sponsored scholarship types should be made available for review by the membership, including those that are temporary, although donors and recipients may remain anonymous. Funds provided by donors for the purpose of supporting scholarships will be added to the general pool of Scholarship funding unless otherwise specified. | ||
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** This may be demonstrated by checking off a declaration in the scholarship application that PS1 dues would render the applicant unable to join PS1 without a scholarship | ** This may be demonstrated by checking off a declaration in the scholarship application that PS1 dues would render the applicant unable to join PS1 without a scholarship | ||
* Applicant demonstrates that their PS1 membership will be used for the purposes of education or community service | * Applicant demonstrates that their PS1 membership will be used for the purposes of education or community service | ||
=== Allocation === | === Allocation === | ||
The total number of available scholarships will be a count capped at 5% of total paying membership based on a snapshot taken at the beginning of December using the current member management software. This provides the Scholarship Team roughly three months to finalize scholarship selections and gain Board approval based on the determined number of available seats. | |||
