Main header image
Sol Siegal Scholarship Program
Deadline to apply: February 15, 2021 3:00 pm CT

Olympic Steel Inc. has established a scholarship program to assist children of employees who plan to continue their education in college or vocational school programs.

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, gender, disability, or national origin.

Applicants to the Sol Siegal Scholarship Program must:

  • Be dependent* children or legal dependents of full-time or part-time employees of Olympic Steel, Inc., Chicago Tube & Iron, Berlin Metals, McCullough Industries, or Action Stainless & Alloys, Inc. who work a minimum of 24 hours per week and have completed one year of continuous employment as of the application deadline.
    *Dependent children are defined as natural or legally adopted children, stepchildren or legal wards living in the employee’s household or primarily supported by the employee.
  • Be high school seniors or graduates, or current postsecondary undergraduates, who plan to enroll or are already enrolled in full-time undergraduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year.
  • Have a minimum grade point average of 2.75 on a 4.0 scale to apply.

Awards

If selected as a recipient, the student will receive a $1,500 award.  Up to ten (10) scholarships will be granted. Five (5) awards will be given to students based on merit only, and up to five (5) awards will be given to students from an approved list of majors, if qualified applicants exist.

Recipients will represent the ethnic, geographic and occupational diversity within Olympic Steel, as long as qualified applications are received.

Recipient’s parent must remain employed at the time of scholarship check distribution.

The scholarships are renewable for up to three additional years within a maximum five-year period or until a bachelor’s degree is earned, whichever occurs first, based on satisfactory academic performance (2.75 cumulative GPA on a 4.0 scale) and continued parental employment. Renewal awards will be honored for children or legal dependents of employees who become retired, permanently disabled or deceased subsequent to the initial award being made. As a part of the renewal process each year, recipients must also submit a one-page essay discussing the student’s academic progress and application of Olympic Steel’s ten core values in his or her everyday life.

Awards are for undergraduate study only.

Selection of Recipients

Scholarship recipients are selected on the basis of strong academic performance, demonstrated leadership and participation in at least two school and community activities, an online recommendation from an instructor, a recommendation from an employer or leader in a community organization (excluding family members and relatives), and an essay by the student regarding his or her future educational and career objectives, work experience, community involvement, and significant challenges or unusual circumstances.

Financial need is not considered.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Olympic Steel, Inc. play a part in the selection. Not all applicants to the program will be selected as recipients. All applicants agree to accept the decision as final.

Notification

All applicants will be notified in April.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Olympic Steel, Inc. Payments are made in early August.

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

  • A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.
  • A letter of recommendation from an employer or leader in a community organization (excluding family members and relatives).

One online recommendation form must be submitted on your behalf no later than February 18, 2021 3:00 pm.

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

Olympic Steel Inc. has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!