Annual Report of the Scholarship Committee September, 2010:
The following Friends serve on the Scholarship Committee: Monimia Barker, Mark Beck (Chair), Larny Claggett, Lorraine Bowman Claggett, Pete Howell, Sumner Parker, Debbie Danser, John and Marsie Hawkinson.
Since it was established almost two years ago, the Scholarship Committee has been raising funds (a total of $36,415.37 to date, including contributions from the Meeting and the Trustees) and awarding six scholarships (totalling $5,500) to Laura Claggett, Mary Coady, Jamie duHoffmann, Evan Greene, Jacob Mullen, and Aiyana Patterson-Zinkand. Jamie and Aiyana are currently receiving scholarships for the second year.
The Committee strikes a balance between informality (no standardized application form) on one hand, and obtaining enough pertinent information to evaluate each applicant fairly on the other. We interview each applicant. The standard scholarship amount is $500 per academic year. In determining how much to award, we consider 5 factors:
- Financial need. Almost every college-bound student completes either the College Board's CSS Profile and/or the U.S. Department of Education's FAFSA. Based on those applications, both the College Board and the Department of Education calculate the Expected Family Contribution (EFC) for each student. So we needn't ask applicants and their families for a lot of financial information. All we need to do to assess financial need is to ask the student: (a) the projected cost of his or her education; and (b) his or her EFC.
- Academic credentials (grade point average, honors, advanced placement courses, etc.)
- Participation in Meeting
- Other scholarships received
- Whether the school the applicant wishes to attend is a Quaker school. The Committee will award up to twice the standard amount to a student attending a Quaker school.
Based on Third Haven's current membership, Mark Beck has prepared, and periodically updates, a chart projecting demand for scholarships for the next several years. When demand falls short of projections, as it did when Cindy Browne and Norval Thompson informed the committee that their children would not be applying for financial aid, the committee will consider awarding scholarships larger than the standard amount.
The committee allows donors to the Scholarship Fund to earmark their donations either for the Endowment and/or the Operating Fund. Donations that are not earmarked for either fund will be split 50-50 between them.
Third Haven has a distinguished past on which we can all look back with pride. By helping our young people reach their dreams, you help to ensure that our future is just as bright.