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Scholarships and fellowships are another way in which the Foundation is active.
Each year, the Foundation awards over $10,000 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 $5,500 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.
Download the application
The Mortin Scholarship
Awards $2,500 annually based on a combination of need, grades and
participation in campus and Triangle Activities.
Download the application
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.
Download the application
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 $11,000.
Download the application
The Peter and Barbara Bye Scholarship
Awards $2,000 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).
Download the application
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)
Download the application
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.
Download the Larson Fellowship
Application
FEBRUARY 15, 2007 IS THE SUBMISSION DEADLINE FOR SCHOLARSHIPS. ONLY APPLICATIONS POSTMARKED
ON OR BEFORE THE 15TH WILL BE ACCEPTED.
Scholarships and fellowships available to members of specific chapters
(contact the specified chapter for application information)
Ean H.C. Hong Memorial
Scholarship
Provides four $2,500 scholarships to undergraduate members of the Penn
State Chapter.
Elias Sabbagh Memorial
Scholarship
Provides one $1,500 scholarship to an
undergraduate member of the Purdue Chapter.
Kahlert Scholarship
Provides five $2,000 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 (sbova@triangle.org) for more
information.
The 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.
Download the application form.
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
loans@triangle.org. 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
SBova@Triangle.org
(317) 705-9803 |
