Policy Governing The Scholarship

1. Your scholarship funds must be used for education purposes at any accredited university or college.

2. Funds may also be used for approved trade schools, business schools, beauty schools, etc. However, prior to receiving the funds for such training, you must provide the PSAA Board of Governors with complete details regarding the name of school, the training to be pursued, course(s) to be taken, and length of training. The board will advise you if the course is approved for use of the scholarship funds and its decision shall be final.

3. Your scholarship is not contingent on grades. However, if for any reason you should leave school permanently, any remaining funds would revert back to the PSAA general scholarship fund. We must be promptly notified if this does occur.

4.Your scholarship fund must be utilized completely within one calendar year. Any funds remaining after this time period will revert back to the PSAA general scholarship fund. These funds will no longer be available to you, and there will be no extension granted.

5. In the event that you receive other scholarship awards for tuition or other charges, you are to advise the PSAA Board of Governors so we may consider payment of this award to you in such a manner as to assure the funds will be used in support of your educational pursuits.