Scholarship Application
The Far West, Inc. Settlement Trust (the “Trust”) awards scholarships to qualified Far West, Inc. (FWI) shareholders.
In order to be considered, complete scholarship applications must be received by the Trust by the following application deadlines:
**APRIL 30: for classes / programs starting between June 1 and December 31**
**OCTOBER 31 for classes / programs starting between January 1 and May 31**
Eligibility Requirements
Eligibility: Applicants must be a voting FWI shareholder who has been accepted or is enrolled in an accredited institution of higher education (i.e., college or university), a vocational, technical, or trade (“VTT”) school, or is taking a continuing education units (“CEU”) required to acquire or maintain professional licensure. All applicants must provide proof of acceptance in their scholarship application.
Enrollment Status: Applicants may be enrolled as Full-time or Part-time students based on their school’s requirements. All applicants must submit proof of enrollment status in their scholarship application. Award amounts vary based upon an applicant’s enrollment status and type of educational program.
Continued Eligibility: To be eligible to continue receiving scholarships, returning applicants must maintain a cumulative GPA of 2.5 or higher. Applicants must provide certified transcripts to the Trust to verify their GPA.
Scholarship Awards
The Trust awards scholarships annually. The Trust disburses scholarship funds differently depending on the kind of program for which the funds were awarded.
Academic scholarships: Prorated amounts of scholarship funds are disbursed to the applicant’s education institution at the beginning of a recipient’s semester, trimester, or quarter. Disbursements WILL NOT be issued until the Trust receives transcripts for the previous educational period and verifies that you remain eligible for the scholarship.
VTT scholarships: Scholarship funds are awarded per program and are disbursed once to the applicant’s trade or vocational institution at the beginning of the program. Only one VTT scholarship can be applied for per calendar year.
CEUs: Scholarship funds are disbursed after the recipient completes the course and provide the Trust with proof of their completion and proof of their payment for the CEU.
| Program Type and Cumulative GPA | Max. Award: Full-time | Max. Award: Part-time |
|---|---|---|
| Graduate Students | $1500 | $750 |
| Undergraduate College Students | ||
| • GPA 2.5 - 2.99 | $600 | $300 |
| • GPA 3.0 - 3.49 | $800 | $400 |
| • GPA 3.5 - 4.0 | $1000 | $500 |
| VTT Students | $1500 per program/year | N/A |
| CEU Students | $200 per year | N/A |
Application Checklist
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RETURNING Applicant
If an applicant previously received a scholarship and intends to continue their education:
- Official transcripts from the school
- Letter of intent to continue school along with new class schedule