Fact Sheet: ACT Cares Scholarship Program 2016

What is the ACT Cares Community Scholarship Program?

Funded by the Account Control Technology Foundation, the ACT Cares Community Scholarship Program is for graduating seniors from high schools located in the five communities surrounding Account Control Technology, Inc.’s offices in Bakersfield, CA; Woodland Hills, CA; Mason, OH; Dallas, TX and San Angelo, TX. Five scholarships of $1,000 each will be awarded in each community to graduating seniors who will attend a four-year college or university, for a grand total of 25 scholarship recipients.

Who qualifies to apply?

College-bound seniors must be attending a high school located in one the following counties: California: Kern and Los Angeles Counties; Ohio: Butler, Clermont, Hamilton or Warren Counties; Texas: Dallas, Denton, Collin or Tom Green Counties.

Will students attending specific schools be favored?

No. Students attending any high school located within the specified counties will be considered.

What are the eligibility requirements?

Please review the full application guidelines. Applicants must be a graduating seniors committed to attending a four-year college or university in the fall of 2016. While applicants must be U.S. residents, parental status isn’t considered.

When will applications become available and when are they due?

Applications were made available inJanuary 2016, and they must be postmarked by March 15, 2016.

How are winners determined?

All completed, qualifying applications will be judged primarily on the basis of merit, with some emphasis placed on those demonstrating financial need.

When will scholarships be awarded?

Scholarship recipients will be notified in May, with funds ultimately awarded in August 2016.

Who is Account Control Technology, Inc. (ACT)?

We are your neighbors! ACT is a financial solutions company with a division servicing student loans. ACT was founded in 1990 with a mission to improve the way educational debt was managed and how borrowers were treated. Dedicated to people and performance, the company strives to deliver outstanding benefits and service to employees, clients, account holders and our communities.

What is the Account Control Technology Foundation?

The ACT Foundation is a charitable, non-profit organization set up by ACT’s foundersto build financial literacy, support education, fund vital charities and provide community support. The Foundation’s stated mission is: “to improve the future of students and the greater community by offering financial literacy and debt management education, mentorship and support to those in need.”

Whom can I contact with additional questions on the Scholarship Program?

Please send questions regarding the program to Scholarship Management Services at (507) 931-1682.

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