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Scholarship Program

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What is the Scholarship Program?

Scholarship Program General Information

The AAAA Scholarship Foundation, Inc., is a non-profit, tax-exempt corporation established to render financial assistance for the college-level education of members of the Army Aviation Association of America, Inc. (AAAA). The spouses, unmarried siblings, children and grandchildren of current and deceased AAAA members are also eligible. 100% of every dollar donated to the Scholarship Foundation goes to a scholarship or endowed principal based on the AAAA paying all overhead expenses for the Scholarship Foundation.

Read more: What is the Scholarship Program?

Who is eligible to apply for an AAAA Scholarship?

Eligibility

In order to apply for an AAAA Scholarship you must meet one of the following criteria:

  •  You must be a current member of the Army Aviation Association of America, or
  •  the spouse of a current AAAA member or deceased member, or
  •  the son or daughter of a current member or deceased member, or
  •  the grandchild of a current member or deceased member, or
  •  the unmarried sibling of a current member or deceased member.

In all the above instances, the member's effective date must be on or before May 1 of the previous year in which the applicant is seeking aid, unless the member is deceased. This requirement is waived for uniformed members of the Active Army, ARNG and USAR. The applicant must be attending an accredited college or university or selected for fall entry as an undergraduate or graduate. No recipient can hold concurrent AAAA Scholarships.

 

How can I apply for an AAAA Scholarship?

Application Eligibility

In order to apply for an AAAA Scholarship you must meet one of the following criteria:

  •  You must be a current member of the Army Aviation Association of America, or
  •  the spouse of a current AAAA member or deceased member, or
  •  the son or daughter of a current member or deceased member, or
  •  the grandchild of a current member or deceased member, or
  •  the unmarried sibling of a current member or deceased member.

In all the above instances, the member's effective date must be on or before May 1 of the previous year in which the applicant is seeking aid, unless the member is deceased. This requirement is waived for uniformed members of the Active Army, ARNG and USAR. The applicant must be attending an accredited college or university or selected for fall entry as an undergraduate or graduate. No recipient can hold concurrent AAAA Scholarships.

Scholarship Application Procedure

To apply for an AAAA Scholarship you must first complete and submit the Pre-Qualifying Form.  Once submitted you will receive an email within one week notifying you of your eligibility. If eligible, the email will contain a link to the Scholarship Application Form.  Click the link below to access the Pre-Qualifying Form.  You will be asked to create an account. The account should be created with the Applicant's name. Also, please use your primary email address when creating your account. All correspondence relating to your application will be sent to that address.

2016 Pre-Qualifying Form

Read more: How can I apply for an AAAA Scholarship?

What Is The Families Of The Fallen Scholarship?

The Army Aviation Association of America Scholarship Foundation is proud to announce a new scholarship – "Families of the Fallen."  Established for surviving spouses and children of those who were killed in action or training accidents while serving in the Army Aviation community. The first Families of the Fallen scholarship was awarded in 2014.

 

What is the procedure for grant selection?

AAAA Scholarship Grant Selection Procedure

The AAAA Scholarship Foundation, Inc. is a separate corporate entity working in cooperation with the Army Aviation Association of America, Inc. (AAAA) to provide scholarship grants for college level education to members of the AAAA and the spouses, unmarried siblings,  children and grandchildren of current and deceased AAAA members.


I. APPLICATION PROCESSING

All applications and supporting data are submitted via Smarter Select, an online scholarship program, to the AAAA National Office by May 1st. References have until June 1st to submit their portion of the application.  A distinct file number is assigned to each applicant file. The AAAA National Office reviews all documents and removes all identifying information such as applicant's name, address, parents' names and addresses and any other personal data. The members of the Scholarship Selection Committee are not aware of the identity of the applicants until the selection process is completed and then, the members of the Committee are informed only of the names of the winners; the names of the non-winners are not made known to the Scholarship Selection Committee.

II. COMMITTEE EVALUATION

A volunteer National Scholarship Selection Committee is responsible for evaluating the applications. To assist the Scholarship Selection Committee in their evaluation effort, prior to submission to the Scholarship Selection Committee, the AAAA National Office records each applicant's GPA in order to establish an initial Order of Merit List. This Order of Merit List is used to divide the applicants into nine groups: Freshmen Groups I, II and III, Upperclassmen Groups I, II and III and Graduate Groups I, II and III.

The attending members of the Scholarship Selection Committee divide into at least two groups depending on the number of attending members. The committee reads and rates each file using a "10 point" scale with "1" being the lowest and "10" being the highest rating. Some of the files are voted electronically.  It may vary from year to year as to which Group of files are voted at the meeting and which ones are voted electroncially depending on the number of files in each group and the number of attending members.  Once the voting is complete the votes are  tallied by the AAAA National Office and a new Order of Merit List is established based on the results. 

III. COMMITTEE ASSIGNMENT OF GRANTS 

Grants are assigned in descending order by the dollar amount of the grant to the applicants in descending order by the OML. For those grants that are open to freshmen, upperclassmen, and graduate students, grants are to be awarded to the applicant with the greatest academic achievement based on the applicant's ranking on the OML in the following priorities: freshman top third, upperclassman top third, and graduate top third, followed by the respective middle thirds and bottom thirds.

If the recipient of a grant is an entering freshman and the grant is less than $2,000, it shall be awarded as a one-year grant; if the grant is $2,000 or more but less than $4,000, it shall be awarded as a two-year grant, if the grant is equal to or more than $4,000, it shall be awarded as a four-year grant. If the recipient is an upperclassman or graduate student, the grant shall be paid out in equal parts over the remaining upperclassman years.

In the interest of providing Chapter Funded Scholarships to applicants from the chapter area, the committee should first determine whether there are remaining Chapter Funded Scholarships of equal or larger value than the remaining scholarships that have not been assigned; and if so, assign the Chapter Matching Fund Scholarships first.

In the interest of providing Individual Matching Fund Scholarships to applicants meeting the specific sponsoring individual requests, the committee should then determine whether there are remaining Individual Matching Fund Scholarships of equal or larger value than the remaining scholarships that have not been assigned; and if so, assign the Individual Matching Fund Scholarships next.

In the interest of providing Heritage Matching Fund Scholarships to applicants from a specific sponsoring veteran association, the committee should then determine whether there are remaining Heritage Matching Fund Scholarships of equal or larger value than the remaining scholarships that have not been assigned; and if so, assign the Heritage Matching Fund Scholarships next.

In the interest of providing Corporate Matching Fund Scholarships to applicants from a specific corporation, the committee should then determine whether there are remaining Corporate Matching Fund Scholarships of equal or larger value than the remaining scholarships that have not been assigned; and if so, assign the Corporate Matching Fund Scholarships next.

If there are any Chapter Matching Fund Scholarships remaining that have not been assigned, for those Chapters that have chosen Option 11, the Chapter Matching Fund Scholarship is assigned to the applicant from another area with the greatest academic achievement based on the applicant's ranking on the OML in the following priorities: freshman top third, upperclassman top third, and graduate top third, followed by the respective middle thirds and bottom thirds.

If there are any Chapter Matching Fund Scholarships remaining that have not been assigned, for those Chapters that have chosen Option 21, the Chapter Matching Fund Scholarship is not awarded.

Scholarships of equal value without special restrictions should be assigned last.

_____________

1 Chapters that sponsor Chapter Matching Fund Scholarships have provided one of the following two options to the committee pertaining to the assignment of their scholarships:

(1.) The Chapter scholarship will be awarded to a Chapter member, or spouse, sibling, child or grandchild of a member or deceased member of the Chapter. Scholarships will be awarded in the following priorities: freshman top third, upperclassman top third, graduate top third, followed by the respective middle thirds and bottom thirds. If all applicants from the Chapter area receive other AAAA scholarships or if there are no applicants whatsoever from the Chapter area, or not enough applicants are left from the Chapter to receive all the chapter's awards that year, after the awarding of other larger non-chapter scholarships, the remaining Chapter scholarship(s) will be awarded to an applicant from another area in accordance with the Order of Merit List (OML) established by the Selection Committee.

(2.) The Chapter Scholarship will be awarded to a Chapter member, or spouse, sibling, child or grandchild of a member or deceased member of the Chapter. Scholarships will be awarded in the following priorities: freshman top third, upperclassman top third, graduate top third, followed by the respective middle thirds and bottom thirds. If there are NO applicants whatsoever, or not enough applicants left from the Chapter to receive all the chapter's awards that year after the awarding of other larger non-chapter scholarships, the Chapter's remaining donation , not including the matching amount, will be held at the National level for subsequent award in the next year's program.

How are the scholarships funded?

Funding the Scholarships

The AAAA Scholarship Foundation benefits from specific chapter activities, meetings, and forums that are held at the local level to generate funds for the Foundation. Many AAAA members, friends of Army Aviation, relatives of deceased members, AAAA National and Chapter activities and private businesses make financial contributions to the Foundation.

Read more: How are the scholarships funded?

What is the purpose of the Scholarship Foundation?

Purpose of the Scholarship Foundation

The Scholarship Foundation, Inc. was founded in 1963 to recognize and provide scholarship grants to the children of its members and deceased members who sought college-entry financial aid.

Read more: What is the purpose of the Scholarship Foundation?

Who makes up the Foundation?

Foundation Structure

There are no paid full or part-time Foundation staff members. The individual members of the Board of Governors of the AAAA Scholarship Foundation, Inc., and the AAAA SFI Committee serve as unpaid volunteers and include active and retired leaders in Army Aviation. Program reviews are conducted at semi-annual meetings by the Board of Governors.

What are the management policies and procedures?

MANAGEMENT POLICIES AND PROCEDURES

A. INTRODUCTION: In 1963 the Army Aviation Association of America (AAAA) created a scholarship program to secure contributions with which to fund college entrance level scholarships for children of AAAA members and deceased members. To administer the program and encourage members and others to make tax-free donations to it, AAAA created the AAAA Scholarship Foundation Inc. (Foundation) CERTIFICATE OF INCORPORATION, a non-profit, tax-exempt corporation under Section 501(C)(3) of the US Internal Revenue Service Code, IRS DETERMINATION LETTER, with a volunteer Board of Governors, supported by the AAAA National Office Staff. Thus, the Foundation is, effectively, the manager of the AAAA Scholarship Program.

Read more: What are the management policies and procedures?

Who are the 2015 AAAA Scholarship National Awardees?

2015 AAAA Scholarship Winners

2015 AAAA Scholarship Foundation provides $451,500 to 282 National Awardees.

...and the Winners are...

How can I contribute?

BIASeal4How You Can Help

The program has undergone steady and substantial growth in the number of individual scholarship awards it has provided since 1963, as well as the total amount of funds it has made available in annual educational aid.

Below are ways you can contribute:

Read more: How can I contribute?

Does my company have an AAAA SFI Corporate Scholarship?

Participating Corporate Scholarships

The following companies currently have corporate matching scholarships:

Read more: Does my company have an AAAA SFI Corporate Scholarship?

How can a Company make a donation?

BIASeal4CORPORATE SCHOLARSHIP FUND PROGRAM

HOW CAN A COMPANY DONATE?

A Corporation may donate funds over a period of one to five years. Due to the Uniform Prudent Management of Institutional Funds Act (UPMIFA) required "spend rate" established by the AAAA Scholarship Foundation Board of 3.5%, the principal total must eventually be $28,600 or more before an actual award of $1,000 per year in perpetuity will be made.

Read more: How can a Company make a donation?

What is the AAAASFI Charitable Gift Annuity Program?

scholarship logo 150

 

AAAA Scholarship Foundation’s Charitable Gift Annuity Program

Quick Facts & Benefits

Read more: What is the AAAASFI Charitable Gift Annuity Program?

What is the Chapter Matching Fund Program?

 

CHAPTER MATCHING FUND PROGRAM                     

There are two types of Matched Chapter Grants: Perpetual Matched, and Annual Matched.

1. Perpetual Matched Chapter Grants are those designated Endowed Funds established by a chapter that are in the process of funding to, or have reached their minimum $30,000 threshold to yield a perpetual $1,000 per year award at the 3.5% "Spending Rate".
2. Annual Matched Chapter Grants are those designated funds that have no endowed principal and are donated, matched and disbursed in the year received.

Read more: What is the Chapter Matching Fund Program?

What is the Individual Matching Fund Program?

Individual Matching Fund Program

The AAAA Individual Matching Fund Scholarship Program was established as a pilot program in 2007 with initial authorization for 3 such awards in that year's program. In Spring 2012, the SFI BOG voted to make the pilot program a new Standing Program along with the existing Heritage and Corporate Matching Fund Programs.

Read more: What is the Individual Matching Fund Program?

What is the Heritage Matching Fund Program?

HERITAGE MATCHING FUND PROGRAM

The Heritage Matching Fund scholarships are endowed by grants from sponsoring Unit and/or Veteran associations, subject to General Fund availability and matched up to $10K within a 10-year period from the General Fund and shall be awarded in perpetuity in accord with the wishes of the donor association, consistent with Foundation policy, unless otherwise stipulated.

Read more: What is the Heritage Matching Fund Program?