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Phillips 66 Dependent Scholarship Program
Deadline to apply: March 19, 2020 3:00 pm CT

The Phillips 66 Dependent Scholarship Program was established to provide financial assistance to employees’ and retirees’ children who plan to attend college but may not be able to meet the expenses of a college education without such aid.

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.

Eligibility
Applicants to the Phillips 66 Dependent Scholarship Program must be:

  • Dependent* children, of full-time non-store employees on the Phillips 66 U.S.** payroll, including U.S. expatriates or identified U.S. subsidiaries, as well as children of retired, disabled or deceased employees of Phillips 66 U.S.** as of May 1 of the year in which awards are made

OR

  • Dependent* children of non-store employees who, in the calendar year in which their employment ended, were full-time and age 50 or older.
    *Dependent children is defined as a child who qualifies as a federal tax exemption to the employee on his/her most recently filed tax return (Form 1040). An exception may be requested for a natural or legally adopted son or daughter in cases such as divorce or seperation. A written explanation and proof of support is required.
    **Any U.S. subsidiary of Phillips 66 in which ownership by Phillips 66 (or one of its subsidiaries) exceeds 50% shall be deemed employment by a Phillips 66 company within the meaning of this provision
  • A high school senior who plans to enroll in full-time undergraduate study at an accredited two-year or four-year college or university for the entire academic year

Children of employees who were principal officers as of February 1 of the year in which awards are made are not eligible to apply.

Award

  • Up to sixty-six (66) selected recipients will receive a $4,000 award.  The total number of awards will be limited to 25% of the qualified applicants. Thirty (30) alternates will also be selected.
  • Awards may be renewed up to three additional years. Scholarship holders desiring to participate in plans for earning a Bachelor’s Degree in less than four years may petition Scholarship America for acceleration of scholarship payments. Renewal requirements include maintaining a minimum 3.00 GPA on a 4.00 scale and full-time enrollment.
  • Students who drop below full-time, do not maintain a cumulative 3.00 GPA or who fail or withdraw from more than one-third of their total credits in one year will forfeit their scholarship. Students may petition for continuation of the award upon enrolling in the summer session to meet the above requirements. An exception may be made if absence from classes is due to illness (certified by a physician) or other exceptional reasons were the cause of withdrawal or failure.
  • Death of the parent of any scholarship holder or retirement from or separation from service with a Phillips 66 company by the parent of any scholarship holder shall not cause the scholarship holder to be ineligible to receive extensions of scholarship awards, providing scholarship holder meets all other eligibility requirements.
  • Students may defer the award if volunteering for or called into active military service.
  • Students who willingly participate in illegal activities that come to the attention of Phillips 66 or Scholarship America will immediately forfeit their scholarship.
  • Awards are for undergraduate study only.

Selection of Recipients

  • Scholarship recipients are selected on the basis of academic record, demonstrated leadership and participation in school and community activities, honors, work experience, a statement of educational and career goals, unusual personal or family circumstances and an online recommender.
  • Financial need will be considered.
  • Recipients are selected by Scholarship America. All information received is considered confidential. In no instance does any officer or employee of Phillips 66 play a part in the selection. Decisions are final and are not subject to appeal. The program is competitive; not all applicants will be selected as recipients.
  • The selection process will not be influenced or affected by the actual or perceived race, religion, color, national origin, ancestry, disability, age, gender, or sexual orientation of any applicant.

Alternate Process

  • If any recipient does not accept an award or fails to meet eligibility requirements to receive or renew the award, an alternate will be deemed a recipient and will receive the remaining portion of the original recipient’s award.
  • Alternates are selected in order of originally determined rank. The highest ranking alternate among the group selected for that award program year will be notified.
  • To receive the award, the alternate must provide proof that she/he meets the renewal requirements of the Program, including full-time enrollment and a cumulative 3.00 GPA on a 4.00 scale, or the equivalent.

Notification

  • Recipients and alternates will be notified by email and by U.S. postal mail on May 1, 2020. Nonrecipients will be notified by email only.
  • Notification is sent to the email address you provided on your e-application.

Payment of Scholarships

  • Payment is made in two installments in early August and mid-December.
  • Scholarship America issues checks on behalf of Phillips 66 for the Phillips 66 Dependent Scholarship Program.

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

  1. 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 (required).
  2. Copy of the first two pages of the most recently filed IRS Form 1040 used for the Financial Information Page (required).
  3. A completed Financial Data Form (if applicable).

Also as part of your application, one online recommendation must be submitted on your behalf.

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

Phillips 66 has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!