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The application program will be available again October. Please return then to view the updated Eligibility and Awards for the 2022 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!


The SMI Scholarship Program
Application status: Closed

The Spring Manufacturers Institute has established a scholarship program to assist member company employees and their dependent children who plan to continue their education in college or vocational school programs. Scholarships are offered each year for study at an accredited institution of the student’s choice.

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 SMI Scholarship Program must:

  • Be full-time employees or dependent children* of full-time employees of member companies of Spring Manufacturers Institute with one year of employment at the time of application deadline.
    *Dependent children are defined as biological children, step-children, legally adopted children or legal wards living in the employee’s household or primarily supported by the employee.
  • Be high school seniors or graduates or be current postsecondary undergraduates or graduate level students.
  • Plan to enroll in a full-time** course of study at an accredited two-year or four-year college, university, graduate school or vocational-technical school for the entire upcoming academic year.
    **Applicants who are employees may enroll in a full-time or part-time course of study.

Employees of Spring Manufacturers Institute are not eligible.


Up to five (5) awards of $2,000 each will be granted from SMI, assuming there are qualified applicants. In addition, there will be five (5) named awards granted. The additional awards will be called:

• International Spring Scholarship sponsored by International Spring Company ($2,000)
• International Spring Scholarship sponsored by International Spring Company ($2,000)
• Albert H. Goering Memorial Scholarship ($2,000)
• Callaghan-Hart Scholarship ($2,000)
• Ronald and Adrienne Banas Scholarship ($5,000)

Awards are not renewable and the same student may not receive an SMI Scholarship award two years in a row. However, recipients may reapply to the program again after waiting a year.

Awards are for undergraduate and graduate study.

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, statement of goals and aspirations, unusual personal or family circumstances, and an online recommendation.

Financial need is not considered.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Spring Manufacturers Institute or member companies play a part in the selection. All applicants agree to accept the decision as final.


Applicants will be notified in late-February. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements; however, recipients may only reapply every other year they meet the eligibility requirements.

Payment of Scholarships
Scholarship America processes scholarship payments on behalf of the Spring Manufacturers Institution. Payment is 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.

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

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

The Spring Manufacturers Institute has partnered with Scholarship America. Selecting the button below will redirect you the Scholarship America Student Hub!