Employee Dependent Scholarship Program Guidelines

The Program

HSC has established a competitive scholarship program to assist employee’s children who plan to continue their education in college or vocational school programs. Scholarships are offered annually for full-time study at an accredited institution of the student’s choice.

Who is eligible to apply?

• Dependent children of an HSC employee who has been actively employed within any division of HSC for at least one year and is a full or part-time (.50 FTE) employee, who are:
  • High school seniors who will graduate and plan to enroll or are already enrolled in a full-time undergraduate study program at an accredited university or vocational-technical school for the full upcoming academic year.
  • Current college undergraduates with 100 credit hours or less enrolled as a full-time undergraduate student at an accredited university or vocational-technical school.
• High school seniors and current college undergraduate students must have a cumulative grade pointaverage (GPA) of at least 2.5 on a 4.0 scale.
• No individual may be awarded a scholarship more than twice over the lifetime of the program.

Note: Dependents of HSC’s executive team are not eligible.

Application Period

April 1 – April 30 Annually

Required Documents

Applicants are responsible for gathering and submitting all necessary information. Incomplete submissions will not be evaluated. Applications must be mailed or e-mailed and a copy of the following documents is required:

• Completed application
• High school transcripts showing grades and GPA, from the first semester of freshman year through the first semester of senior year and current college transcripts if currently an undergraduate college student.
  • Transcripts are not required to be an official copy.
  • Grade Reports are not acceptable.
  • Online transcripts must display student name, school name, grade and credit hours earned for each course, and term in which each course was taken.

Award Details

The total annual budget for the HSC Dependent Scholarship Program is $36,000 and will be awarded as follows.

• 7 – $2,000 STEM designated programs of study scholarships
• 7 – $2,000 4-year college degree scholarship
• 2 – $2,000 trade or technical/vocational school scholarships
• 4 – $1,000 2-year Associates degree scholarships

STEM is defined as Science, Technology, Engineering and Mathematics.

• Recipients are required to complete an acceptance form before the award payment will be disbursed to the successful applicant.
• Scholarship funds must be applied to tuition, fees, books supplies and on-campus room board at an accredited US institution. Military academies are not approved institutions.

Scholarship Payments

• Payments are issued by HSC to the recipient’s home address and are made payable to the selected educational institution.
• Before any payment is made, proper evidence of enrollment in a full-time course in pursuit of a degree is required.
• Payment will be made on or about August 15 (subject to change depending on educational institution requirements).

Conditions of Award

• The applicant’s parent or legal guardian must be an actively employed team member at the time the scholarship is awarded.
• If at any time a recipient receives additional funding from another source that covers full tuition, fees, books supplies and on-campus room board for the academic year, the recipient will no longer be eligible to receive HSC’s funding and must relinquish the scholarship.
• If at any time a recipient withdraws from the educational institution and receives a 100% refund of the tuition, fees, books supplies and on-campus room board, the recipient must return the full amount of the scholarship funds which they were awarded to HSC.

Scholarship Administration

The HSC Dependent Scholarship Program is administered by a scholarship committee composed of five to seven members and is responsible for the following:

• Maintaining adequate records of all applications received and scholarships awarded.
• Making final decisions on all scholarship applications.
• Authorizing payment of awards by HSC.

Winner Selection and Announcements

Scholarship recipients are selected on the basis of the following:

• Academic record/honors
• Demonstrated leadership
• Participation in school and community activities
• Work experience
• Statement of goals and aspirations

Note: Financial need is not considered.

• Recipients and non-recipients will be notified no later than 90 days after application.
• Not all applicants to the program will be selected as recipients.
• All applicants agree to accept the decision as final.

Revisions

Although there is every intention of continuing the scholarship plan indefinitely, HSC reserves the right to discontinue or change the plan at any time in order to better accomplish the program’s objectives or to meet changing circumstances.

Questions

For additional information regarding the scholarship program or to request an application contact us bye-mail at G1HSC-HR@hscpoly.com or employees may visit the HR SharePoint (Useful Links > Dependent Scholarship Program).