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Scholarships and fellowships are another way in which the Foundation is active. Each year, the Foundation awards over $50,000 in several different scholarship and fellowship grants. The awards are paid out of the income generated by endowed funds.
General scholarships and fellowships available to members of all chapters
Five needs-based scholarships and one graduate fellowship are currently available. With the exception of the Bye Scholarship all require a minimum GPA of 3.0/4.0 necessary for consideration. The scholarship committee will consider need and active involvement within his Chapter, his campus and the community, and other criteria specific to each scholarship. Scholarships are available only to Triangles who will be undergraduates in the school year following their application, with the exception of the Kapadia scholarship which may go to either an undergraduate or a graduate Triangle, and the Larson Graduate Fellowship.
The Rust Scholarship
Awards $6,000 annually based on a combination of need, grades and participation in campus and Triangle Activities. All other things being equal, preference is given to applicants in the core engineering disciplines or "hard" sciences.
The Mortin Scholarship
Awards $2,500 annually based on a combination of need, grades and participation in campus and Triangle Activities.
The Sevcik Scholarship
Consists of one award of $1,000 annually based on need, preference to an Ohio State student, preference to an Engineering student.
The Kapadia Scholarship
This award may range from $1,500 to $8,000 to an undergraduate or graduate Triangle in good standing, with preference to engineering majors, non-US citizens, members of the Zoroastrian religion, Michigan State student. Total scholarship dollars available is in excess of $12,000.
The Peter and Barbara Bye Scholarship
Awards $2,500 annually based on a combination of need and grades (Minimum of 2.7/4.0). All other things being equal, preference is given to applicants from the Cornell University Triangle chapter (Should it be recolonized).
Pierce E. Healey Memorial Scholarship
Awards $1,500 annually based on leadership and community service. All other things being equal, preference is given to applicants from the University of Connecticut Triangle chapter (Should it be recolonized)
The Edward and Isabell Larson Memorial Fellowship for Graduate Study
One award of $2,000 annually, to a Triangle pursuing a master's or doctoral program in engineering.
The James Marshall pur65/Triangle Volunteers Scholarship
Established in recognition of Brother Marshall's own contributions and the many other volunteers that have and continue to so unselfishly give of their time and effort to support Triangle. Awards $1,500 annually based on a combination of need, grades and participation in campus and Triangle Activities.
The Kevin Robertson marq92/Triangle Presidents Scholarship
Established in recognition of Brother Robertson's own contributions and the many other Triangle Presidents that have and continue to so unselfishly give of their time and effort to support Triangle. Awards $1,500 annually based on a combination of need, grades and participation in campus and Triangle Activities.
Click HERE to apply online for any of the undergraduate scholarships listed above.
Click HERE to apply for the Edward & Isabell Larson Memorial Fellowship for Graduate Study
FEBRUARY 15, 2012 IS THE SUBMISSION DEADLINE FOR SCHOLARSHIPS FOR THE 2012-2013 SCHOOL YEAR.
Scholarships and fellowships available to members of specific chapters
(contact the specified chapter for application information)
Ean H.C. Hong Memorial Scholarship
Provides three $4,000 scholarships to undergraduate members of the Penn State Chapter.
Elias Sabbagh Memorial Scholarship
Provides one $3,000 scholarship to an undergraduate member of the Purdue Chapter.
William Kahlert Scholarship
Provides over $18,000 in scholarships to undergraduate members of the Minnesota Chapter.
What does it take to establish a scholarship fund?
There are several ways. The two easiest would be either a one time gift or a pledge over three years of $25,000 or more to the Foundation. All donor established scholarships entitle the donor to name the fund and define restrictions (subject to the acceptance of the Foundation Board) to be attached to the fund. We're easy to work with, so give us a try. Contact Scott Bova (
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) for more information.
The Emergency No Interest Student Loan Program
The Triangle Education Foundation, through the generosity of Alumni brothers and others, is able to make a limited number of loans each year to deserving Active members of Triangle Fraternity to help them complete their education. Currently, $12,000 is available per year; the year begins on July 1. Applications which cannot be funded in a given year will be considered in the next.
Click here to download the application
Procedure, size and repayment of loans
Applicants must submit the attached application forms, completed in detail; a current transcript from their college or university; and two letters of recommendation, which are described later. Applications are mailed to the Chairman of the TEF Loan Committee, for review and approval or disapproval. Upon approval, the borrower will be notified by letter, which will also forward for execution a promissory note payable to the Triangle Education Foundation. Upon return of the executed note to the National Office, a check will be issued. An applicant may borrow up to $3000. The maximum number of loans per student is one. No interest is charged, but borrowers are invited to make a contribution of any amount they may choose with or following their last payment to help perpetuate and enlarge the Foundation loan program. Repayment is made in up to 12 monthly installments. Payments on all loans shall commence on the first day of the third month following graduation or leaving school. There is a penalty for late payments.
Eligibility
Loan applicants shall: a.) be Active members of Triangle Fraternity who are enrolled in a course of study leading to a degree; b.) shall have completed at least two full academic years of school; c.) shall be within two academic years of graduation, and; d.) shall have maintained, as of time of application, the minimum scholastic average required for graduation in their chosen majors.
Loans are available to students who are able to show that the requested financial assistance is necessary for continued attendance at the college or university. An applicant should be able to demonstrate that within the restrictions of his present course of study he is now making a personal effort to earn part of the cost of his education or has exhausted other means of assistance
Borrower responsibility
Foundation funds available to Triangle members are the result of the donations of many groups and individuals, and represent their willingness to help fellow Triangles. Only prompt repayment of loans will enable the Foundation to continue and expand assistance of this kind. A borrower should understand that unless he repays his loan on schedule, he will deprive some deserving Triangle brother of the same financial assistance he has been granted.
He should further understand that the loan is a legal obligation, and failure to completely repay his loan and all applicable penalties will sadly cause the Foundation to use all legal measures to collect. The Foundation may also arrange for the expulsion of the defaulting borrower from membership in Triangle. That will not, however, constitute satisfaction of the debt.
If, through some unavoidable circumstance, repayment according to the terms of the note is impossible, extension will be considered upon request to the Foundation made by the borrower in writing to the National Office.
Correspondence
Scholarship and loan applications should be sent to:
Chairman, Scholarship & Loan Committee
Triangle Education Foundation
120 South Center Street
Plainfield, IN 46168
Inquiries about loans in process but not yet granted should be directed to the above address or by e-mail to
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General correspondence, inquiries concerning repayment of principal amounts and extension of maturity dates, and contributions should be sent to:
Scott E. Bova, CFRE
President
Triangle Education Foundation
120 S. Center St.
Plainfield, IN 46168-1214
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(317) 705-9803
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