NAMA Foundation Scholarship Program

National Automatic Merchandising Association-NAMA Foundation Scholarship Program 2006-2007 NAMA NAMA Foundation Scholarship Program National Automatic Merchandising Association-NAMA Foundation Scholarship Program 2006-2007 FOUNDATION SCHOLARSHIP PROGRAM 2006/2007 School Year Policies and Procedures Background The Foundation of the National Automatic Merchandising Association will award seven (7) $2,500 post high school non-renewable scholarships in fall 2006. These scholarships will be subject to review and authorization of the Foundation Board of Directors before the announcement-application-award cycle for any future year begins. Qualifications An applicant must meet the following: * Must be a graduating high school senior or student enrolled full-time in a college undergraduate program at an accredited college or university. * Must maintain and verify a cumulative grade point average of at least 2.5 on a 4.0 scale or equivalent. * Must be the son/daughter/legal dependent of an employee of a NAMA member company and be sponsored by that company. * Must be an American citizen. Information for Scholarship Winner * Each applicant must fill out the approved application in full. Incomplete applications will not be considered. Applications must be postmarked by the DEADLINE DATE of March 1, 2006. * Each application must be accompanied by a letter of recommendation from a non-family adult such as a teacher, employer, etc. * Family income, financial need or college major are not determining factors in these awards. * Each scholarship applies only to the academic year in which it is awarded and will be forfeited if the student does not attend school with a minimum of 12 credits beginning in the fall term. * The scholarship will be divided throughout the academic calendar year into equal parts for each term. The first part will be forwarded in the student’s name to the school of choice, prior to registration for classes in the fall of 2006. The remaining funds will be forwar