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Avant Energy Education Assistance Program
Deadline to apply: May 3, 2024 3:00 pm CT

Avant Energy has established a scholarship program to assist children of employees who plan to continue their education in college or vocational school programs.

This program is administered by Scholarship America® (SAI), the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team.

Applicants to the Avant Energy Education Assistance Program must:

  • Be dependent* children, age 26 and under, of full-time or part-time Avant Energy employees who have a minimum of one (1) year (twelve consecutive months) of employment with the company as of the application deadline date and work a minimum average of 20 hours per week.
  • Be high school seniors or graduates, or current college undergraduates, who plan to enroll in full-time or part-time undergraduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year.
  • Have a minimum grade point average of 2.5 on a 4.0 scale (or its equivalent).

Timeline:

March 8:

  • Scholarship program opens for application

April 19:

  • Program closes for application submissions at 3:00 PM CT

April-May:

  • Students must finalize school selection and acceptance process
  • Awardees are determined by Scholarship America
  • Avant verifies awardees eligibility

Late May:

  • Awardees are notified by Scholarship America

July:

  • Awardees must provide Scholarship America a copy of their official Financial Aid Letter from their school once available. Upon receipt of letter, final award amount will be determined.

Early August:

  • Checks are distributed to each awardee. Checks are sent directly to the awardees but are made payable to the awardee’s attending institution

Selection Criteria

Education assistance awards will be granted to all eligible applicants. SAI will verify status eligibility, eligibility of college choice, cost of attendance (COA) and determine award amounts. Sponsor will verify employment requirements.

Notification

All applicants will be notified in June.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Avant Energy. Payment is made in early August.

Awards

Award amounts will be determined based on cost of attendance* (COA) and the employee’s average scheduled hours per week**.  Award amounts will not exceed the COA.

*Estimated COA is unique to each institution, but typically includes the following: tuition and fees, room & board, and the cost of books and supplies.

**Adjustments are not made if employees work something other than their scheduled hours.

Average Scheduled Hours per Week  Award up to
Full-Time 100% (40 hours) $12,000 (per academic year)
Part-Time 80% (32 hours) $9,600 (per academic year)
Part-Time 50% (20 hours) $6,000 (per academic year)

If the recipients’ school choice changes, the award may be adjusted based on the COA.

Awards may be used for any education-related expenses including room and board. Awards are for undergraduate study only.

Your award is made payable to your institution. Awards may be considered taxable income. SAI will only issue a Form 1099-Misc. to recipients whose check is made payable directly to them.

If there are any questions about the taxability of your scholarship, please consult your school or a tax advisor.

Awards are not renewable; however, students may reapply to the program each year they meet eligibility requirements. Students may receive up to a total distribution of $48,000 (Up to $12,000 per academic year with a $48,000 program maximum).

As part of your application, you must upload the following:

  • A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.

Your application is not complete unless all required materials are submitted electronically.

Avant Energy has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!

Please make sure to add studentsupport@scholarshipamerica.org as well as the program email address provided below in the footer as safe senders in your email contact list.