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McCrory Corp. Transition Assistance and Scholarship Program
Deadline to apply: June 30, 2020 3:00 pm CT

McCrory Corp. Transition Assistance and Scholarship Program was established to assist McCrory Corp. employees who were employed with the company on September 10, 2001, or their children and/or grandchildren, who plan to continue their education at an eligible postsecondary institution. Renewable scholarships are offered each year for full-time or part-time study.

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 without regard to race, color, creed, religion, sexual orientation, gender, disability or national origin.

Extended Postmark Deadline: June 30, 2020

Applicants to the McCrory Corp. Transition Assistance and Scholarship Program must be:

  • Be individuals, or children or grandchildren of individuals, who were employed on either a full-time or part-time basis with McCrory Corp. on September 10, 2001 and identified on a list provided to Scholarship America dated September 22, 2006.
  • Be high school seniors or graduates who plan to enroll or students who are already enrolled in full-time or part-time undergraduate study at one of the following United States institutions for the 2020-2021 academic year:
    • An accredited two or four year college, university or vocational-technical school,
    • Trade school or skill building institution that is state approved,
    • Program of study that is approved by the relevant industry association, or
    • An authorized computer software training institution.

Awards may be used for tuition, fees, books and supplies and required equipment only.

The authorized distribution for new awards and the individual award amounts will be determined annually based on the assets of the Fund. Awards may be renewed for up to three additional years or until a bachelor’s degree or certificate is earned, whichever occurs first. Renewal is contingent upon satisfactory academic performance and continuation of the program by McCrory Corp. Transition Assistance and Scholarship Fund.

Awards are for undergraduate study only.

Financial need as calculated by Scholarship America must be demonstrated for the student to receive an award.

Notification

Applicants will be notified in late July. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of McCrory Corp. Transition Assistance and Scholarship Fund. Payments are made in equal installments on August 15 and December 15.

Scholarship recipients are selected on the basis of:

  • academic record
  • demonstrated leadership and participation in school and community activities
  • honors
  • work experience
  • statement of goals and aspirations
  • unusual personal or family circumstances
  • an outside appraisal

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of McCrory Corp. Transition Assistance and Scholarship Fund play a part in the selection.

All applicants agree to accept the decisions as final.

Obligations

Recipients have no obligation to McCrory Corp. Transition Assistance and Scholarship Fund . They are, however, required to notify Scholarship America of any changes in address, school enrollment, or other relevant information and to send a complete transcript when requested.

Revisions

McCrory Corp. Transition Assistance and Scholarship Fund reserves the right to review the conditions and procedures of this scholarship program and to make changes at any time including termination of the program.

Application Information

Interested students must complete the application and mail it along with a current, complete transcript of grades to Scholarship America postmarked no later than June 30, 2020. Grade reports are not acceptable. Unofficial transcripts must display student name, school name, grade and credit hours earned for each course, and term in which each course was taken. High school seniors or students who have completed less than one full term of postsecondary school should submit a high school transcript. Students who have completed the equivalent of one term or more postsecondary credits should provide transcripts from all postsecondary schools attended.

Applicants will receive acknowledgment of receipt of their application. If an acknowledgment is not received within three weeks, applicants may call Scholarship America to verify that their application has been received.

Applicants are responsible for gathering and submitting all necessary information. Applications are evaluated on the information supplied; therefore, answer all questions as completely as possible. Incomplete applications will not be evaluated. All information received is considered confidential and is reviewed only by Scholarship America.

Application Instructions

Open the Printable Application Form (This will open in a new window)

Use the PDF fill-in-the-blank feature to complete the form:

  1. Save a copy of the form to your personal data storage device
  2. Type in your responses using the Tab key to move between fields
  3. You may save the file while in progress and return to complete or revise it later
  4. When finished, print the completed form

Applicants must print the page(s) of the application containing the Applicant Appraisal and Transcript Information sections (if part of the application) and submit to the appropriate individuals for completion (if applicable). These sections cannot be completed electronically.

Mail the completed application form (including the completed Appraisal and Transcript sections if part of the application, and any other required documents) to Scholarship America by the program’s application postmark deadline: June 30, 2020. The mailing address is on the application form.

NOTE: You will need Adobe iconADOBE Reader 6.0 or greater to open, use and print this PDF fill-in-the-blank form. If you do not have this free software installed on your computer, click on the ADOBE icon. Follow the directions to install ADOBE Reader (free download), then return to this page to proceed.

Instructions for Completing the Financial Data Section of the Application

The Financial Data section of the application should be completed by parents, guardians, or by the applicant if independent. Independent is defined as one who is not claimed as a dependent by the parent/guardian for tax purposes. Information should be from a completed tax return filed with the IRS.

  1. State of Residence is the state where the parents and/or (independent) applicant reside and pay state income tax.
  2. Adjusted Gross Income can be found on IRS FORM 1040 and is gross income reduced by specific adjustments allowed by law.
  3. Total Federal Tax Paid includes the total amount of federal income tax to be paid as reported on IRS FORM 1040. This is not the amount withheld from employee’s paychecks. (The amount withheld should be adjusted by any refund or additional taxes due.) Do not report state income tax.
  4. Total Income of parent(s) should be reported individually for both parents if applicant is a dependent student, or by the applicant if independent. If applying as a dependent student, provide information for both natural parents, when possible. If the student resides with only one parent, financial information must be received from the parent who claims the child as a dependent for tax purposes. If a parent has remarried, the spouse’s information is required if the spouse is a legal guardian of the student, or claims the student as a dependent, or the student is included in the spouse’s benefit plan. If necessary, two Financial Data sections may be submitted by the student. A copy of the Financial Data section may be made in order for one to be completed by each parent.
  5. Untaxed Income and Benefits include any other income or benefits not included in the adjusted gross income figure. Do not include untaxed contributions to retirement plans.
  6. Medical and Dental Expenses include only those expenses not paid by insurance. Do not include premium payments.
  7. Total Cash, Checking, Savings, Cash Value of Stocks, etc., includes liquid assets that can be used for educational expenses. Do not include IRA, 401k, or other retirement plan funds.
  8. Total number of family members living in the household and primarily supported by the reported income may include:
    • the applicant
    • the applicant’s parents
    • other children living in the household
    • dependent college students living away from home
    • other people who live in the household and receive more than half of their support from the reported income
  9. Marital Status is the current status of the person from whom the financial information is submitted.
  10. Of the total number of family members on line 8, number of students attending college includes family members attending a two- or four-year college, university, or vocational-technical school at least half-time. Include the applicant in this number. Do not include parents.

NOTE: Any exceptions to providing financial information as instructed above must be submitted to Scholarship America in writing.

Questions? Contact us:

Email: mccrory@scholarshipamerica.org
Phone: 507-931-1682 and ask for the McCrory Corp. Transition Assistance and Scholarship Program

Questions regarding the scholarship program should be addressed to:
McCrory Corp. Transition Assistance and Scholarship Program
Scholarship America
One Scholarship Way
Saint Peter, MN 56082