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. ^top ^top