Scholarships - scholarships

AGMA Foundation Scholarship Program

Scholarship Sponsored by AGMA Foundation

Value: $20,000
Awards Available: 8
Deadline : Jul 01, 2022

The AGMA Foundation Scholarship Program is open to students who are interested in a career in the gear industry, and/or power transmission as it relates to the gear industry. Applicants must be currently enrolled, or recently accepted, as a full or part-time student in a nationally accredited program. Annual scholarships are awarded to students at the Technical/Associate, Undergraduate, and Graduate school levels. Preference is given to applicants with current or recent experience working in the gear and/or power transmission industry.

Scholarship funds are paid directly to the educational institution and may be used for tuition, room and board, textbooks and materials. Scholarships are awarded in August of each year, and paid in two installments –half in September of that year, and the second in March of the following year.

The deadline for all scholarship applications is July 1, 2022 at 5:00 pm ET. The scholarship levels, renewal policies, and award amounts are:

1) Technical School/Associate Degree students are eligible for a scholarship award of up to $2,500. Many students are attending school part-time - students should apply for the funding needed for classes in that academic year. The scholarship is renewable in additional years, for a maximum aggregate of $7,500 in funding at this level. Scholarship renewal is not automatic, applicants MUST submit a full and timely application in order to be considered for additional scholarship awards. Scholarships awarded at the Technical School/Associate Degree level do not disqualify a student from applying for scholarship(s) at higher levels, and do not count towards the maximum funding aggregate at higher levels.

2) Undergraduate students are eligible for $5,000 scholarship awards. The scholarship is renewable for a maximum of three additional years, for a maximum aggregate of $20,000 in funding at this level. Previous AGMA Foundation scholarships awarded as a Technical/Associate degree student do not count towards the $20,000 undergraduate level aggregate. Scholarship renewal is not automatic, applicants MUST submit a full and timely application in order to be considered for additional scholarships.

3) Graduate students are eligible for $5,000 scholarship awards. The scholarship is renewable for a maximum of two additional years, for a maximum aggregate of $15,000 in funding at this level. Previous AGMA Foundation scholarships awarded as a Technical/Associate or Undergraduate degree student do not count towards the $15,000 Graduate level aggregate. Scholarship renewal is not automatic, applicants MUST submit a full and timely application in order to be considered for additional scholarships.

Evaluation Criteria

1. Grade Point Average – must be 3.0 or higher for Undergraduate and Graduate students, and 2.0 or higher for Technical/Associate Degree students

2. Internship, Co-op, Work, Community, Volunteer and Other Extracurricular Activities

3. Work experience in the gear and/or power transmission industry

4. Two Letters of Recommendation

5. Honors, Awards and Other Recognitions of the Student’s Work and Leadership Skills

6. Personal Statement Regarding Proposed Program and Study, Career Goals, & Financial Need

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