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 scholarship, tuition assistance and other education support programs for corporations, foundations, associations, and individuals. Awards are granted without regard to race, color, creed, religion, sexual orientation, gender, disability, or national origin.
Applicants to the Avant Energy Education Assistance Program must:
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.
All applicants will be notified in late May.
Scholarship America processes scholarship payments on behalf of Avant Energy. Payment is made in early August.
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)||$10,000 (per academic year)|
|Part-Time 80% (32 hours)||$8,000 (per academic year)|
|Part-Time 50% (20 hours)||$5,000 (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.
Awards may be considered taxable income. SAI will issue a Form 1099-Misc. to all recipients.
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 $40,000 (Up to $10,000 per academic year with a $40,000 program maximum).
As part of your application, you must upload the following:
Your application is not complete unless all required materials are submitted electronically.
Participation in Scholarship America’s financial literacy tool, WhichWay is offered to scholarship recipients. Recipients will be invited to download the WhichWay app and register to participate in activities that encourage financial literacy to help guide a student to financial stability and success.
Recipients will have access to the following modules for a one-year cycle: