Again, this year, I extend a special thank you to the members of the Middle Tennessee Chapter of MOAA, for your continued selfless donations in support of military families and veterans.
Our Chapter continues to provide funding beyond the three endowed MOAA scholarships, which we have completely funded, to the national scholarship initiative. Students (under age 24) who are children of former, active or retired officers or active or retired enlisted military personnel are eligible to apply for the MOAA Scholarship program.
This year we will continue our focus on funding the Middle Tennessee Chapter of MOAA Veteran's Scholarship ($1,000 grant) at both Belmont and Lipscomb Universities. Administered with our written direction, these scholarships give preference to permanently disabled and other combat wounded veterans. Since the GI Bill and the Yellow Ribbon Programs do not provide 100% of the funding that students need, our scholarships can be the difference that allows a veteran to obtain a degree. It is our intent to continue working with these two schools to further address veterans scholarship needs.
Further good news is that through our chapter's relationship with Lipscomb University, a previous scholarship donor agreed to transfer $4,753.40 to begin funding an endowed MOAA Veteran Scholarship at the university. So beyond our contributions to the annual Belmont and Lipscomb Veteran Scholarships, we are now contributing to a permanent endowed veteran scholarship at Lipscomb University.
These programs are not possible without your generous contributions. Your board is once again asking that every chapter member make as a minimum a $25.00 tax-deductible contribution to support this very worthwhile initiative. Should you choose to make a direct contribution to MOAA in response to their National solicitation, we would sincerely appreciate your annotating your check to have the funds credited to the Middle Tennessee Chapter contribution.
Donations made payable to the MTC MOAA Scholarship Fund to P.O. Box 50252, Nashville, TN 37205-0252. We ask that you make every effort to do so by October 30, 2018.
Thank you again for your support of this highly worthwhile endeavor!
CAPT, USN (Ret.)
Middle Tennessee Chapter Scholarship Program
Our Middle Tennessee Chapter has sponsored both the Chapter Designated Scholarship Program/National Program and a Local Scholarship Program with Belmont and Lipscomb Universities.
2017-2018 Designated Scholarship Recipients:
Emily Rose W. has received a $5000 loan and a $500 grant, and is a freshman majoring in Nursing at the University of Tennessee, Knoxville.
Kathleen J. B. has received a $5000 loan and a $500 grant, and is a sophomore majoring in Biology at Lipscomb University.
Audrey Ross B. has received a $5000 loan and a $500 grant and we are awaiting information on her major and school affiliation.
We are currently awaiting notification of the recipients at Belmont and Lipscomb Universities.
MTC LOCAL SCHOLARSHIP FUND
Over the years our chapter has actively supported the MOAA National Scholarship Program and can take pride in having fully funded three ongoing interest free loans/grants. This program is directed toward military (Active or Retired) dependent students entering college and seeking their first Undergraduate Degree.
While we continue to provide some financial support to the National program, we have delayed working toward funding a fourth scholarship and instead have shifted our focus to the support of local veterans pursuing a degree.
We are now actively supporting local veterans at both Belmont and Lipscomb Universities, providing a $1000 scholarship at each school to support a veteran of the U.S. Armed Services, with preference to permanently disabled and other combat wounded veterans. Both Belmont and Lipscomb have been very supportive in accepting military veterans and even though both schools have worked to decrease the cost of tuition for these veterans, the veterans still may need additional funds to cover school expenses in a given year. These universities have worked with us to develope guidelines and administer these discretionary funds per our chapter’s direction.
We have not filed for tax-exempt status under the IRS Code Section 501(c) 3 (EIN 54-1659039). The universities and MOAA National already have this tax status. Therefore when your scholarship contribution is allocated towards one of these programs, you will receive confirmation of your contribution from that organization.
If you have a preference on where your funds are allocated, please let us know and we will try to comply with your request; but please know that all funds raised from our scholarship solicitation will be used to fund one of these three programs based on the fund determination made by your elected Board of Directors.
MOAA National Scholarship Program
Applicants for all of The MOAA National Hosted programs must plan to attend an accredited college or university during the 2011-2012 school year as a full-time student. All loans, grants, and scholarships are designated for students seeking their first undergraduate degree. No loans, grants, or scholarships are applicable toward graduate study.
There is one online application for all scholarships, grants, and interest-free loan programs.
Interest-free loans, MOAA's main program, are renewable annually for up to five years of full-time undergraduate study. Assistance is available only to students who have not yet earned an undergraduate degree. The interest-free loan and grant program provides $5,500 loans, which are renewable for up to five years of undergraduate study. Students selected as loan recipients and their military parent must sign a promissory note before funds can be disbursed. Loans are disbursed in two increments: one-half by early August and one-half by mid-December.
Eligibility Students (under age 24) who are children of former, active or retired officers or active or retired enlisted military personnel are eligible to apply. If such a child served in a Uniformed Service before completing college, however, his or her maximum age for eligibility will be increased by the number of years he or she so served, up to five years. Military academy cadets are not eligible for this program.
Selection Criteria Qualified students with a cumulative GPA of 3.0 or higher on a 4.0 scale are selected on the basis of their scholastic ability, activities, and financial need.
The online application opens in November and must be completed and submitted no later than noon EST March 1st of the following year. Semifinalists are notified in March. Recipients are notified in May.