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The application program will be available again in February. Please return then to view the updated Eligibility and Awards for the upcoming academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

Newmont U.S. Dependent Scholarship Program
Application status: Closed

The Newmont U.S. Scholarship Program (“Program”) provides dependent children of Newmont employees with financial incentive and assistance for post-high school education.

The goal of the Program is to encourage postsecondary education/training and contribute to the educational development of our employees’ children. This encouragement and financial incentive is expected to benefit the individual recipients, our employees, our communities, and Newmont through the development and potential recruitment of educated professionals in disciplines necessary for our success.

This 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, age,  gender, disability, or national origin.

Awards are for dependent children (as defined by the benefit plan documents) of Newmont U.S. employees including employees who are classified as an expatriate and are a U.S. Citizen or Green card holder. If dependent children are not actively covered under Newmont health benefits, proof of eligibility must be provided to the HR Service Delivery Team prior to a scholarship being awarded. Dependents of part-time employees (defined as working less than 30 hours per week) are eligible for up to 50% of the award that is given to others in the same level. Dependents of contractors, fixed term employees, seasonal employees and interns are not eligible to participate in this program.

  • Dependent children must be under the age of 26 at the beginning of the semester, and
  •  Be enrolled at an eligible institution or be a high school senior accepted for enrollment, and
  • Maintain a semester Grade Point Average (GPA) of 2.5 or higher on a 4.0 scale.

Students will be eligible for scholarships for up to five years or until a bachelor’s degree is obtained, whichever comes first.

Eligibility may be lost if:

  • GPA falls below 2.5 for two consecutive semesters, or
  • Student’s full-time status changes to part-time, or
  • Student no longer qualifies as a dependent of a Newmont employee, or
  • Employee terminates employment with Newmont, for reasons other than retirement or severance If this happens, dependents cease to be eligible for the program award at the end of the semester in which their parent’s employment ended.

Additional requirements/restrictions:

  • Students who lose their fall disbursement due to withdrawal or being dismissed and return to school the following spring semester will not be eligible for a spring disbursement.
  • Terminated students may reapply for the Program once they have regained a 2.5 or higher GPA.
  • Active Newmont employees are not eligible to participate in the program.
  • For eligible dependents of employees who retire or are severed from employment, the current awarded scholarship will be honored for the duration of the academic year (i.e. through the spring semester) as long as all other student eligibility conditions continue to be met.
  • Students who transfer from one school to another mid-year must inform the Scholarship Program administrator at or 1-866-763-7228 of the change before the beginning of the next semester.
  • Applicants are responsible for staying current with any modifications to the Program. All Program information is available through the Newmont HR Service Center.

Awards range from $500 to $6,000 annually. Half of the award is distributed at the beginning of each semester. A check is mailed to the parent’s address on file but will be payable to the educational institution. The institution shall distribute to the student any funds not used for tuition so the funds may be applied to other expenses.

Available awards are organized into three tiers:

  • Copper—the lowest awarded amount: All first and second year college students and all upperclassmen studying a non-mining or non-business related field of study with acceptance/renewal to an accredited program or school (e.g., cosmetology, education, nursing, etc.)
  • Silver—the intermediate awarded amount: Third, fourth, and fifth year students studying a non-mining specific but business related field of study with acceptance/renewal to an accredited program or school (business related: HR, accounting, IT, etc.)
  • Gold—the highest awarded amount: Third, fourth, and fifth year students studying a mining specific related field of study with acceptance/renewal to an accredited program or school (mining or metallurgical engineering, geology, etc.)

Awards may be used at institutions and educational programs that meet the following criteria:

  • Licensed and accredited undergraduate two-year or four-year college or university (in person or on-line classes)
  • Licensed and accredited technical school or certification program

Application for the award

An application is to be completed online by eligible dependents and submitted, along with supporting documents (e.g., transcripts, acceptance form, etc.), within the specified period. Details outlining the application process and timeline are sent to all eligible employees in January of each year.

Selection of recipients:

Applications and applicants will be evaluated by a panel comprised of representatives from Newmont North America. This review will be to determine that eligibility requirements are met, and to establish the level of award.

Selection of recipients is made by Scholarship America. All applicants agree to accept the decision as final.

Financial need is not considered.


Applicants will be notified in May. Not all applicants to the program will be selected as recipients.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Newmont North America. Awards will be paid in two installments in August and January. Awards are made payable to the institution for the student.

In the U.S., the Newmont North America Scholarship is considered by the IRS to be a taxable employee benefit. Employees will have taxes withheld twice per year to account for this tax liability.

In Canada, the Newmont North America Scholarship is taxable to the student.


The Newmont Scholarship Committee will oversee the administration of the Program and set the award amounts yearly based on approved budget.

The Newmont U.S. Dependent Scholarship is considered a taxable employee benefit. Employees will have taxes withheld per IRS regulations.

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

  • A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken. You must provide all transcripts for schools you have attended.

Your application is not complete unless all required documents are submitted electronically. Incomplete applications will not be considered for a scholarship.

Newmont has partnered with Scholarship America. Selecting the button below will redirect you the Scholarship America Student Hub!