Chevron Phillips Chemical Company LP (Chevron Phillips Chemical), an indirect wholly-owned subsidiary of Chevron Phillips Chemical Company LLC, has established a scholarship program to assist domestic and expatriate employees’ and/or retirees’ children who plan to continue education in college or university programs. Renewable scholarships are offered each year for full-time study at an accredited institution of the student’s choice.
The program seeks to identify well-rounded applicants and award scholarships based upon criteria recommended by our program administrator, Scholarship America, and agreed by Chevron Phillips Chemical. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability or national origin. Application review and selection of recipients is made by Scholarship America and in no instance does any officer or employee of Chevron Phillips Chemical play a part in the selection. Scholarship America is the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations and individuals, and has 35 years of experience administering similar programs worldwide. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team.
*Dependent children are defined as natural and legally adopted children or stepchildren or full dependent wards who qualify as federal tax exemptions to the employee/retiree. Applicants to the graduate award need not qualify as a federal tax exemption to the employee/retiree, but must meet other dependency requirements.
In February of the year in which the awards are made, the applicants’ parent(s) may not be Principal Officers of the Company and must have a pay grade rating below 93 or the equivalent. Employee pay grade will not be disclosed on the application, but will be verified by Chevron Phillips Chemical Company before awarding.
Children of employees who have accepted early retirement benefits are not eligible.
Recipients may receive only one (1) Chevron Phillips scholarship award during a program year. Recipients of the two-year College or Vocational-Technical Schools may apply to the four-year College or University awards following completion of their two-year program. Recipients of the four-year College or University awards may apply to the Presidential Awards (Graduate Studies) after completing their undergraduate study.
The authorized distribution for new undergraduate dependents’ awards will be $10,000. Up to ten (10) awards of $1,000 each will be granted.
Awards are renewable up to one (1) additional year or until an associate’s degree or certificate is obtained, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study, continuation of the program by Chevron Phillips Chemical Company LP and continued parental employment with the company.
The authorized distribution for new undergraduate dependents’ awards will be limited to $50,000. Up to twenty-five (25) new awards of $2,000 each will be granted.
Awards are renewable up to three years or until a bachelor’s degree is obtained, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study, continuation of the program by Chevron Phillips Chemical Company LP and continued parental employment with the company.
The authorized distribution for new Presidential Awards will be limited to $10,000. Up to five (5) new awards of $2,000 each will be granted.
Awards are renewable up to one (1) additional year or until a Master’s degree or Ph.D. graduate degree is obtained, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study, continuation of the program by Chevron Phillips Chemical Company LP and continued parental employment with the company.
All awards are to be used for educational related expenses.
Award is contingent upon student’s acceptance into program matching their funding requested for the award year.
The program will use standard Scholarship America recipient selection procedures, identifying well-rounded applicants including the consideration of:
Recipients who attend a United States Military Service Academy (i.e. Annapolis, Colorado Springs, Kings Point, New London, and West Point) will receive a one-time grant of $2,000 for their first year only. No additional funds will be awarded for subsequent years of study unless the student transfers to another type of eligible institution. Recipients who transfer from a U.S. Service Academy to an otherwise eligible institution may have their scholarship status and award amount reviewed by notifying Scholarship America in writing of their revised plans.
All applicants will be notified of selection decisions in April. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements.
Scholarship America processes scholarship payments on behalf of Chevron Phillips Chemical. Payment is made in one installment in early August. Checks are mailed to each recipient’s home address and are made payable to the school for the student.
Financial need will not be considered.
Students may request to defer their award for extraordinary circumstances, such as military service, medical events, or co-op terms.
Selection of finalists is made by Scholarship America, and the selection of the recipients is made by Chevron Phillips Chemical Company LP, Inc. All applicants agree to accept the decision as final.
One online recommendation form must be submitted on your behalf no later than February 20, 2024 3:00 pm Central Time.
Your application is not complete unless all required documents are submitted electronically.
