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CRITERIA FOR APPLICATION

  1. The applicant must be an active member of Second Presbyterian Church of Oil City. All applicants must be religiously active for two or more years prior to applying for the funds and during each term prior to and during the period which financial aid is applied for. Active refers to involvement in the many facets of Second Presbyterian Church as well as the community. Members and leaders of the church will be contacted for trheir input as well as people providing references. Scholarship recipients will be required to provide documentation as to their religious activity within the campus or community of the college they are attending.
  2. Applicants must have a G.E.D. or high school diploma and ba accepted for enrollment in a program of one of the following
    1. associate degree
    2. bachelor degree
    3. approved registered nursing program
    4. trade school
    5. school of business
    6. graduate school program
    7. regionally or nationally accredited school of higher education
  3. Upon approval monies will be paid directly to the parent/guardian/student upon presentation of a bill from the school. Monies will be paid on a per term basis after the Financial Aid Committee receives proof of the successful completion (2.0 or better on a 4.0 GPA scale) of the previous term.
  4. All participants must submit with each request all pre-requisite documentation. First time applicants must submit a completed application with the required documentation listed on the application.
  5. Full-time and Part-time Status - Carrying 12 of more credit hours per semester to be considered for "full-time" award. Completing less than 12 credit hours will reduce the next financial aid award.
  6. Participation in the financial aid programs to full-time students is limited to:
    1. five years or
    2. ten semesters or
    3. ten award payments
  7. Participation in the financial aid programs to part-time students will be processed on an individual basis.
  8. If a student receives mor grants, scholarships and assistance than the cost of the college, the student agrees to refund any of the excess funds to the Financial Aid Committee.
  9. A reminder of deadlines for application or continuance of financial aid will be included inthe church bulletin and newsletter at appropriate times. The Financial Aid Committee will authorize payments to each recipient after the recipient completes all of the required items listed on the application. Missing a due date or not completing all of the requiremed information will void the applicant's request for that funding period. Any information that is false on the application will exclude the applicant from all future church financial aid consideration.
  10. The Financial Aid Committee may conduct an oral interview with each applicant before final determination as to who the recipients of the funds will be that funding period.
  11. Financial aid will be issued at the discretion of the Financial Aid Committee of the Second Presbyterian Church based on funds availability, number of applicants and review of applications information.
  12. Acceptance of these responsibilities:
  13. The cashing or depositing of a Financial Aid Award check will constitute acknowledgment
    1. of the above listed terms
    2. the information listed on the application is accurate & honest
  14. Questions:
    1. Any questions about the Financial Aid Program may be addressed to the Financial Aid Committee or the Session of the Second Presbyterian Church.


 
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