Table of Contents:

 

 

The MOAA Scholarship Fund is providing more than $9.5 million in undergraduate educational assistance to 1,700 children from military families for the 2011-2012 academic year. This year, 667 students received a $5,500 interest-free loan and 976 top-performing students received Designated Scholarships consisting of a $5,000 interest-free loan and a $500 grant-in the name of a donor. The top 9 seniors, who received an interest-free loan in previous years, were selected to receive a grant for either $5,000 to $6,000.


Since Sept. 11, 2001, the MOAA Scholarship Fund - American Patriot Grant has provided $1,770,000 to 225 children. This year, 57 children whose military parent died while in active service will receive a $5,000 American Patriot Grant.


MOAA's Educational Assistance supports children of those who are serving, have served, or are retired as a commissioned or warrant officer in one of the seven Uniformed Services, and children of currently serving and retired enlisted military members. Applications for the 2012-2013 academic year will be online in early November 2011 at www.moaa.org/education.

You can make a difference in a military child's future by supporting the MOAA Scholarship Fund through gifts of cash, securities, and bequests. For more information, please visit www.moaa.org/scholarshipfund or contact Andrea Rand, at (800) 234-6622 ext. 169, or e-mail her at andrear@moaa.org.

The MOAA Scholarship Fund has supported military families for 63 years and has provided educational assistance to more than 11,600 children from military families.

 

******************

The MOAA scholarship program is open to the children of active and retired members of our uniformed armed services---regular, reserve and National Guard. The most deserving of these students, based on grades, financial need, and participation in school and/or civic activities, are approved for the Designated Scholar Program.

The Designated Scholar Program provides selectees with a yearly $500 grant and a $5,000 interest-free loan for up to 5 years of undergraduate education, contingent on the student maintaining academic excellence.

The St Petersburg Area Chapter established the St Petersburg Area Chapter Designated Scholarship through the MOAA Scholarship program in March 2007. This was in recognition of the past generosity of our members and our commitment to raise $25,000 by 31 Dec. 2008. We completed this goal and endowed the scholarship. As a result, in the Fall of 2007, our Chapter sponsored its first Designated Scholar, and will continue to do so each year in perpetuity. We can say “perpetuity” with a great deal of certainty since MOAA administers this program without deducting any operating expenses, their default rate with over 9,000 former students has been less than 1 percent, and the interest from our invested contributions will pay the annual $500 grant.

Thanks to your support, the Chapter raised its $25,000 well ahead of the 31 December 2008 date.  Our first designated scholarship program is fully funded.

Because of this success, we have started another (a second) designated scholarship with MOAA.  Our goal is to complete this scholarship well ahead of schedule, just as we did with the first program.  And, with your continued help, we can do just that! UPDATE: 1 January 2014--the second Designated Scholarship Fund has been fully funded ahead of schedule and a third has been started.

Also as a result of your generosity, our Chapter began supporting a second scholar in the Fall of 2011.

Our Designated Scholarship is a wonderful way to help deserving students. We thank all who have contributed for helping generations of military children achieve a college education.

 

 

 

Materials or photos on this site may NOT be used without the prior written consent of the Chapter President.