Fannie Mae has established a scholarship program to assist employees’ children who plan to continue their education in college.
The program is administered by Scholarship America, 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.
Please Go to the Scholarship America HUB link below to apply
If a student is not eligible because the Fannie Mae employee has not completed the 180 day introductory period requirement or is not in good standing, they may apply the following year if eligibility and criteria are met.
*If an employee leaves Fannie Mae during the academic year, but before the second of the two scholarship payments are made, the second payment will be forfeited.
Awards are for undergraduate study only.
Applicants will be notified in early June. 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 Fannie Mae. Payments are made in equal installments in early August and mid-December.
Once scholarship recipients are selected, financial data is reviewed to determine the amount of each award, ranging from $750 to $2,000; however, qualified recipients demonstrating no financial need are eligible for an honorariums at the minimum level.
Recipients whose parents choose not to supply the requested financial information may be eligible to receive a minimum award only.
Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Fannie Mae play a part in the selection. All applicants agree to accept the decision as final.
Also as part of your application, one online recommendation must be submitted on your behalf.
Your application is not complete unless all required documents are submitted electronically.