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The application program will be available in mid-December. If you would like to be notified when the program opens, please click the Notify Me button below.

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!

Peter J. McGrail Scholarship Program
Application status: Closed


In honor of Paylocity’s late Chief Financial Officer, Peter J. McGrail, Paylocity has established a scholarship program to advance education among the next generation. In keeping with Peter’s passion for learning, the award was created in his legacy by his Paylocity colleagues to assist children of employees who plan to continue their education in college, upholding Peter’s steadfast belief that learning and curiosity propel lives.

Peter J. McGrail 

In a career spanning 25+ years, Peter worked as a financial executive for highly successful public and privately held companies. He joined Paylocity as CFO in 2010 and served until 2017. Peter was passionate about driving a learning and development culture across the organization. His guidance and insights were invaluable as Paylocity transitioned from a private to publicly traded company in 2014. Peter had a remarkable ability to manage multiple complex areas of business, while never losing sight of what was most important: his family. He will always be remembered for his wisdom, genuineness, and friendship, as well as his willingness to help others – all of which are hallmarks of Peter’s legacy.

Paylocity hopes that those who receive this annual scholarship embrace learning as a lifelong pursuit, capitalizing on their potential and the power of education to become lifelong learners, just like Peter.

Paylocity’s Commitment to Diversity, Equity, Inclusion, and Accessibility

We believe that people matter most and that differences of experience and perspective make us stronger together. We’re committed to lead by example to forge a path forward where dignity, respect, safety, and justice are for all. Scholarship America will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the scholarship application process, please contact

This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team.

Applicants to the Peter J. McGrail Scholarship must meet all eligibility requirements, including:

  • Be dependent* children, age 26 and under, of full-time Paylocity employees who have a minimum of two (2) years of employment with the company as of the application deadline date.
  • Be a high school senior, high school graduate, or current post-secondary undergraduate, who plans to enroll or is already enrolled in full-time undergraduate study at an an accredited two-or four-year college, university, vocational-technical school or trade school for the entire 2024-2025 academic year.
  • Children of VP-level employees and above are ineligible to apply.

*Dependent children are defined as biological, step-or legally adopted children living in the employee’s household or primarily supported by the employee.

Award Information:

Up to 50 awards of $2,500 each will be granted, as follows:

  • Up to 25 awards of $2,500 for recipients attending an accredited four-year college and university
  • Up to 25 awards of $2,500 for recipients attending an accredited two-year college, vocational-technical school or trade school program
  • Awards are not renewable, however students may reapply to the program each year they meet eligibility requirements.
  • Awards are for undergraduate study only.

Selection Information:

Scholarship recipients are selected on the basis of:

  • academic record
  • demonstrated leadership and participation in school and community activities
  • work experience
  • statement of goals and aspirations
  • essay on volunteerism and community
  • 1,000-character essay
  • 2 letters of recommendation

Essay Topic: What personal obstacles have you encountered and how have you overcome them to get where you are today?

Financial information will only be considered if there are more eligible applicants than can be awarded.

Selection of recipients is decided by Scholarship America. In no instance does any officer or employee of Paylocity play a role in the selection.

All applicants agree to accept the decision as final.


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

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Paylocity. Scholarships are granted in one installment in mid-July. Checks are sent directly to the awardees but are made payable to the awardee’s attending institution.


Paylocity 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.


  • December 15: Scholarship program opens for applications
  • December – February: Scholarship program actively accepting applications
  • February 14: Scholarship program closes for applications
  • April:
    • Students must finalize school selection and acceptance process
    • Awardees are determined by Scholarship America
    • PCTY verifies awardees eligibility
    • Awardees are notified by Scholarship America
  • May:
    • Awardees winners provide verification of school selection and confirm fall enrollment
  • July: Checks are distributed to each awardee. Checks are sent directly to the awardees but are made payable to the awardee’s attending institution.

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

  • A current, complete transcript of grades, including the most recently completed term. Transcripts must display student name, school name, grade and credit hours, and term in which the course was taken.
  • A high-resolution head and shoulders photograph (2.5 x 3.5) to be used only in awardee announcements if you are selected as a recipient of the scholarship.

Two letters of recommendations must be submitted online on your behalf no later than March 5, 2024 10:00 pm Central Time.

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

As a part of your application, you will need to get two letters of recommendation submitted on your behalf. One must be academic related and one personal/community related. These recommenders cannot be related to you, but should be people who know you well.

It is your responsibility to follow up with your recommender to ensure they receive the email.

Keep in mind recommenders may need extra time because of their busy schedules. You can come back to this section any time before the recommender deadline to add or change a recommender for a specific program. The recommendation must be submitted by March 5, 2024 10:00 pm Central Time.

Examples of Possible Recommenders:

Academic: This should be someone that knows you well and can speak on behalf of your academic success and experiences.

Ex: teacher, professor, academic advisor, principal, etc.

Personal/Community: This should be someone that knows you well that you have worked with in the community or that knows you personally, but who is not related to you.

Ex. work supervisor, coach, volunteer coordinator, mentor, other community member, etc.

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

Please make sure to add as well as the program email address provided below in the footer as safe senders in your email contact list.