CRITERIA AND GUIDELINES

RUSSELL KOERPER SCHOLARSHIP

PARK RAPIDS AREA HIGH SCHOOL

CRITERIA

  1. Student must show proof of financial need to the extent that, without a scholarship of this type, post-secondary education may be delayed or virtually eliminated.
  2. Based on high school performance, student must have demonstrated potential ability to succeed in post-secondary educational pursuit.
  3. Student must be a senior eligible for graduation from the Park Rapids Area High School.
  4. Student must be enrolled, or show proof of acceptance, in a post-secondary educational program.

APPLICATON GUIDELINES

  1. Student must submit:
  2. Letter of application
  3. Scholarship application
  4. Financial statement
  5. Two letters of reference
  6. A copy of parent’s tax form showing adjusted gross income
  7. Application must be filed with school counselor by the end of April of the current school year.
  8. No applications will be returned and only those selected for scholarships will be notified.
  9. The amount and number of scholarships granted will be determined by the scholarship committee
  10. Only the annual interest most recently accrued will be awarded as scholarships, and
  11. As many scholarships, in the amount of $1000 each, as accrued interest will provide, will be awarded each year.
  12. In all cases, the decision of the scholarship committee shall be final.
  13. Certificate of scholarship award will be presented at an annual Awards Program, but no money will be disbursed to the post-secondary institution until the student is actually enrolled in a program.

INTRODUCTION

RUSSELL KOERPER

MEMORIAL SCHOLARSHIP

PARK RAPIDS AREA HIGH SCHOOL

DEDICATION

This scholarship is established at the bequest of the Russell Koerper estate.

PURPOSE

The purpose of this scholarship shall be to provide post-secondary financial assistance to current year graduating seniors who best meet the establish criteria.

FINANCE

This scholarship shall operate totally from the interest accrued on the principal amount on deposit as the Koerper Estate in a Park Rapids Area Schools Trust Fund. It is the intent of this scholarship program to maintain the principal amount intact and expand only those fund accrued as interest from time to time on on an annual basis. As many scholarships ($1000.00) as possible, from the current interest accrual, will be awarded each year.

SCHOLARSHIP COMMITTEE

The committee shall be comprised of five (5) member board, each of whom are ISD #309 personnel, as follows:

High School principal

Two high school teachers

One school board member

School finance officer

Officers to be selected, on an annual basis are:

Chairperson

Secretary

Treasurer

The committee shall meet in the spring of each year to receive applicants and complete the selection process prior to high school graduation. It shall be the responsibility of the previous year’s chairperson to call the initial meeting each school year.

Application must be typed.

APPLICATION

RUSSELL KOERPER SCHOLARSHIP

PARK RAPIDS AREA HIGH SCHOOL

Date: / Year for which applying:
Name of applicant
Address / City: / MN / Zip
Phone / Graduation Date
Date Entering College or Post Secondary School
College or other post-secondary school you plan to attend:
First Choice:
Second Choice:
Type of course/area of study you wish to pursue:

Extra curricular and outside school activities in which you participated.

Activity / Year Participated / Major Accomplishments

Briefly express yourself in these areas:

1. What school has meant to me:

2. What this scholarship will mean to me:

3. My future goals in life:

Student Signature______Date: October 3, 2018

CONFIDENTIAL

FINANCIAL STATEMENT

RUSSELL KOERPER SCHOLARSHIP

PARK RAPIDS AREA HIGH SCHOOL

The following information will be used to verify financial need as related to an application for a scholarship from the Park Rapids Area Schools Trust Fund. The contests will be confidential and used only as a verification method for the scholarship committee. An adult household member must carefully complete, sign, and return this statement with the scholarship application. If you need help with this form, please call the school. Complete those sections that apply to your household.

Applicant Name:

Parent or Adult Household Member:

Relationship to Applicant:

A: Post-Secondary Annual Financial Resources

  1. Personal funds:
  2. Family assistance:
  3. Scholarships:
  4. Loans:
  5. Other:

B. Statement of Household Income

List the names of EVERYONE living in your household. If addition space is needed, attach a separate paper. List income received last month on the same line as the person who received it under the correct category.

Household Member / Monthly income types – see list below
1 / 2 / 3 / 4 / 5 / 6

MONTHLY INCOME TYPE EXPLANATIONS:

  1. Earning from work – pre-deductions
  2. Social Security-Pension-Retirement
  3. Public Assistance
  4. Farm-Self Employed (loss expenses)
  5. All other income received last month

I certify that all the above information is true and correct and that all the income is reported correctly.

Signature of Parent or Adult Household MemberDate:

Address:

Phone Number: