Need-Based Scholarships

DEADLINE: Wednesday, January 31, 2018

Student Information: District 5470 has a limited amount of scholarship funds. The funds are available on a needs-only basis if you 1) Demonstrate financial need and 2) Receive a grant from your Sponsoring Rotary Club.

The scholarship request is initiated by submitting a Scholarship Application to your Sponsoring Rotary Club FIRST. If your Sponsoring Rotary club awards you a grant AND recommends you to the District for a Matching Grant, the District may, but is not required, to match the Club Grant up to $1,000! It is your Sponsoring Rotary Club's responsibility to submit your Scholarship Application to the District, so please make sure they have everything they need. Your Sponsoring Rotary Club will pay Mountain & Plains RYE your award amount. Any scholarship funds you receive through Mountain & Plains RYE will be deducted from the final month(s) of your total payments.

To commence the process:
1. Download a Scholarship Application
2. Include the following
• Letter indicating what you are doing to earn money for the exchange year (savings, job, other grants, fundraising activity, etc.)
• Supporting letter from your parent(s) stating how much your family can contribute and the financial reasons for the scholarship request (single parent, loss of job(s), siblings in college, illness in the family, etc.)
3. Submit to your Sponsoring Rotary Club

Sponsoring Club Information:
The Sponsoring Rotary Club will be responsible for determining the real need of a student the club is sponsoring for the RYE program. The RYE Committee of the sponsoring Rotary Club will:
1. Review the Student’s Application

2. Review the Students' Accompanying Letters

3. The Club RYE Committee will inform the Club’s Board of Directors of their recommendation on student's acceptance and amount awarded (if applicable)

4. Upon a decision by the Club’s Board of Directors to the amount awarded (if applicable), the Sponsoring Rotary Club will email jimduke@targetrental.com the following:
• Award Amount 
• Clubs Letter of Recommendation
• Scholarship Application
• Supporting Letters

5. Payment: Make the Club's Grant payable to Mountain and Plains D5470 RYE
Mail to:
Kristi Adams Outbound Coordinator
c/o Bank of the San Juans
685 Horizon Drive
Grand Junction, CO 81506

(OR)

Direct Deposit: directly to our Alpine Bank Account: #: Email STEP Inquiries for account number

6. The student and parents will sign a Scholarship Acceptance Agreement to repay all or a prorated portion of the award if the student does not successfully complete the exchange. 

* Children of the RYE Leadership Team Members are not eligible for scholarships. 
* No District Grant will be made until the Club Grant is received.
* Applications received after the January 31 deadline should not be considered by your Club except in the case of an unexpected need arising after the deadline (ex. job loss, illness, etc).