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Marathon Petroleum Scholars Program
Deadline to apply: January 15, 2020 3:00 pm Central Time

The Marathon Petroleum Scholars Program was established to assist employees’ children who plan to continue their education in college or vocational school programs. Renewable and nonrenewable scholarships are offered each year for full-time study at an accredited institution of the student’s choice.

This scholarship 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 regardless of a person’s race, color, creed, religion, sexual orientation, gender, disability or national origin.

Applicants to the Marathon Petroleum Scholars Program must be:

  • Children*, as defined below, age 16-19 of regular full-time or regular part-time employees of Marathon Petroleum Company LP or Speedway LLC or other employers within the controlled group of employers. Children of retired or deceased employees (regular full-time or regular part-time employees at the time of retirement or death) are also eligible. Part-time employees must have completed one year of service as of the application deadline.
  • High school seniors with a minimum 3.0 cumulative grade point average (on a 4.0 scale) who plan to enroll in a full-time undergraduate course of study at an accredited two-year or four-year college or university, or at an accredited vocational-technical school for the entire upcoming academic year.

*The program is available to sons and daughters, age 16-19, (including legally adopted, step-children, and children under legal guardianship if both parents are deceased) if the parent or legal guardian is, or was at the time of retirement or death, a regular full-time or regular part-time employee.

Applicants planning to enroll in an accredited college or university must take the ACT or SAT college entrance exam and submit their scores along with their completed application.

Renewable Awards

Up to eighty (80) renewable need-based awards of $4,000 will be granted each year.

Awards may be renewed for up to three years or until a bachelor’s degree is earned, whichever occurs first. Renewal is contingent upon continued parental employment (unless retired or deceased during employment from MPC/Speedway), satisfactory academic performance in a full-time course of study and continued financial need.

Students who do not demonstrate financial need are not eligible to renew the award. Each year, renewing recipients will be assessed for continued financial need.

Awards are for undergraduate study only.

Scholarship America will also administer renewal awards.

Non-renewable Awards

Up to twenty (20) one-time non-renewable awards of $4,000 will be granted as long as there are qualified applicants.

Financial need will not be considered for these awards.

The one-time awards are not renewable.

Notification

Applicants will be notified of their status in late March. Not all applicants to the program will be selected as recipients. Scholarship awards will only be made to applicants who are eligible dependents as of the date of scholarship selection.

Obligations

Recipients have no obligation to Marathon Petroleum Company LP or Speedway LLC.  They are, however, required to provide complete transcripts and financial information when requested and to notify Scholarship America of any changes of address, school enrollment, or other relevant information.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Marathon Petroleum Company LP. Payment is made in one installment in early August of each year.

Scholarship recipients are selected on the basis of:

  • Consideration of academic performance
  • Demonstrated leadership and participation in school and community activities
  • Honors
  • Work experience
  • Statement of goals and aspirations
  • Unusual personal or family circumstances
  • Outside appraisal

Financial need will be the primary consideration in the selection of recipients of renewable awards. Recipients of the renewable awards must demonstrate need.

Applicants may receive a renewable financial need-based award or non-renewable merit-based award, but not both. Eligible recipients will receive the award that provides the greatest monetary benefit.

If the financial section is not filled out completely and pages one and two of the most recently filed Federal Tax Form 1040 are not uploaded, the student will be considered for a one-time non-renewable award only.

Selection of recipients is made by Scholarship America. In no instance does any officer, associate, or employee of Marathon Petroleum Company LP or Speedway LLC play a part in the selection. All applicants agree to accept the decision of Scholarship America as final.

Revisions
Marathon Petroleum Company LP reserves the right to modify or terminate this program, in whole or in part, in such manner as Marathon Petroleum Company LP determines.

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

  • A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display the student name, school name, grades and credit hours for each course, as well as the term in which each course was taken.
  • Copy of the first two pages of the employee parent’s most recently filed IRS Form 1040 used to complete the Financial Information Page. (If applying for a need-based renewable award only.)

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

Questions? Contact us:

Email: marathonpetroleum@scholarshipamerica.org

Phone: 507-931-1682 and ask for the Marathon Petroleum Scholars Program.

 

Marathon Petroleum Company LP has partnered with Scholarship America. Selecting the button below will redirect you the Scholarship America Student Hub!