SEMA Member News - September/October 2010
2010 Scholarship and Loan Forgiveness Awards Announced
|The SEMA Memorial Scholarship Fund fosters the next generation of industry leaders and innovators, offering scholarships to today’s brightest students at universities, colleges and/or vocational schools in both the United States and Canada. Such future leaders also take part in other industry activities, such as the Manufacturers’ Rep Council Student Intern Breakfast at the annual SEMA Show.
The SEMA Loan Forgiveness Program, meanwhile, is dedicated to aiding recent graduates in getting their auto aftermarket careers off to a successful start, offering a minimum of $1,000 toward outstanding student loans for individuals employed by SEMA-member companies.
Scholarships are awarded based on the selections of SEMA judges and the Scholarship Committee. To qualify, the applicant must have a 2.5 minimum GPA, 25 minimum credits for two-year scholarships, 50 minimum credits for four-year awards, proof that the student is in an automotive field of study and a completed application. The applicant also needs to supply SEMA with two letters of recommendation, an essay and current official transcripts. Working for a member company or being a dependent of an employee of a member company significantly enhances the applicant’s chances.
The SEMA Memorial Scholarship Fund distributes more than $100,000 each year to the top students seeking careers in the automotive industry. Since the founding of the program in 1984, SEMA has distributed more than $1 million to nearly 800 students. The 2010 Scholarship and Loan Forgiveness Programs received 256 eligible applications. The Scholarship Committee reviewed and approved 67 total winners and awarded $108,000. There were 54 scholarship awards and 13 loan-forgiveness awards. A total of 27 awards went to students affiliated with SEMA-member companies as either employees or dependents of employees.
SEMA and the Scholarship Committee congratulate the following award winners and wish them the best of luck with their continuing education and careers within the automotive industry.
Scholarship Awards (cont.)
Loan Forgiveness Awards