Scholarship Policy Update 2025: Difference between revisions
From Pumping Station One
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== Language of the Vote == | == Language of the Vote == | ||
A copy of the below can be found at, [[Scholarship_Policy_2025|Scholarship Policy 2025]] | A copy of the below can be found at, [[Scholarship_Policy_2025|Scholarship Policy 2025]] | ||
== Scholarship Policy 2025 == | == Scholarship Policy 2025 == | ||
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===Financial & Logistical Considerations=== | ===Financial & Logistical Considerations=== | ||
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. | 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. Scholarship applicants that are not selected are required to re-apply to be eligible for the following term. | ||
Scholarships are to occur on a 12 month 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 a 12 month 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. | ||
