How Saginaw Promise Works
Eligibility
To qualify for a Saginaw Promise Scholarship, students must meet all of the following criteria:
•
Students, their parents and/or their legal guardians, must reside within the boundaries of the
School District of the City of Saginaw, which includes the City of Saginaw, the City of
Zilwaukee, and Kochville Township.
•
Graduate from an accredited high school within the Promise Zone.
•
Attend schools within the Saginaw Promise Zone and reside within the Promise Zone for at
least three continuous years, with the final year being 12th grade.
•
Be admitted to and enrolled at an accredited, public or private, post-secondary college or
university within the State of Michigan. This would include community colleges, four-year
colleges and universities and accredited trade and vocational schools.
•
Must be enrolled in a program leading to a degree or certificate.
•
The amount of a Saginaw Promise Scholarship award will be pro-rated based on the number
of years the student's parent(s) custodial parent(s) and/or guardian(s) have resided in the
Promise Zone while the student attended Promise Zone schools using the following sliding
scale:
K-12
100%
1-12
100%
2-12
100%
3-12
100%
4-12
100%
5-12
100%
6-12
100%
7-12
80%
8-12
75%
9-12
65%
10-12
25%
11-12
0%
12 Only
0%
GED
10%
•
Maximum scholarship awards are based on full-time post-secondary attendance as defined
by the institute attended. Students who enroll less than full-time during the eligible years will
receive pro-rated scholarship awards.
•
Graduates must apply for, and initiate use of, the Saginaw Promise Scholarship within two
years of graduating from high school. The Saginaw Promise Zone Authority Board may
consider requests for extended eligibility due to extenuating circumstances on a case-by-
case basis.
•
The Saginaw Promise Scholarship is available annually, subject to the above terms for up to
six years from the date the student graduates from a high school within the Saginaw Promise
Zone.
Saginaw Promise Scholarship Awards
Any graduate of a high school within the Promise Zone who meets Promise Scholarship criteria will
receive up to $2,727 for a two year program and $8,000 for a four year program at any public or
private college or university, accredited trade and vocational schools in the State of Michigan. This
Scholarship is available for the first two years of schooling. All students must first apply for federal
and state grants. Individual Promise Scholarship awards will vary according to the total cost of
tuition and fees and the amount of federal and state grants awarded. The Saginaw Promise
Scholarship is intended to be a "last dollar" scholarship, used to cover tuition and other mandatory
fees not covered by federal, state, private, or other grants or scholarships.
Students must apply for financial aid by completing the Free Application for Federal Student Aid
(FAFSA) form, and accept all federal and/or state money prior to the determination of the amount of
the Saginaw Promise Scholarship. Expected family contributions and loan programs do not reduce
the amount of the Saginaw Promise Scholarship.
Continuation of the Saginaw Promise Scholarship Awards
Each year the student attends the Michigan College of his/her choice, to maintain their Saginaw
Promise Scholarship, the student must:
•
Maintain satisfactory academic progress as defined by the institution attended.
•
Complete the FAFSA and apply for and accept federal and state scholarship awards.
•
Apply for the continuation of the Saginaw Promise Scholarship.
•
Supply a copy of their college transcript with the application, and report any financial aid
awards for the next year of college attendance. The amount of the Saginaw Promise may be
adjusted each year based on any revised financial information provided.
© Saginaw Promise Zone 2011
Approved Saginaw Promise Post-Secondary Institutions
The Saginaw Promise Scholarship may be used at a public or private post-secondary
institution in Michigan, subject to limitations authorized under Section 7 of the Michigan
Promise Zone Authority Act of 2008, Public Act 549.
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