UAW-Ford Scholarship Program for Dependent Children

                                     

 

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The Program
   The UAW-Ford Scholarship Program for Dependent Children was established to assist UAW represented Ford and Visteon employees and their children in paying for post-secondary education, thus helping to assure children will have an opportunity to achieve their educational and career dreams.

Eligibility
   Applicants must be:

  • Dependent children of UAW-Ford or UAW-Visteon employees with active seniority, retired, or deceased status on the active employment roll. "Dependent children" must meet the definition as described in the Certificate of Eligibility section of the application form. (1)
  • Under the age of 25 (at the beginning date of the school term).
  • Unmarried
  • Pursuing post-secondary study at regionally accredited two-year community college or junior colleges, four-year colleges or universities, or vocational training at schools accredited by a governmental or nationally recognized agency.

(1) The definition of "dependent children" is based on the provisions of the 1996 UAW-Ford Legal Service Plan.

Awards
   Effective September 15, 2003, scholarships will be granted in amounts up to $1,500 per calendar year (January - December) per each employee dependent (2) (For terms that began between 9/20/99 and 9/16/03, amounts�up to $1250 will be granted). Where both parents are Ford and/or Visteon employees, only one scholarship will be granted per year per dependent. Scholarships may be used only for tuition and required fees. (Required fees are any instructional or academic fees charged to all students.) Funds remaining in one year will not carry over to the next. The starting date of the academic term will determine the calendar year to which the payment will apply.
   The Scholarship Program will pay only that portion of tuition and required fees not covered by other aid. Awards may not be used to offset costs for room, board, books and supplies.

(2) In the event of a work related death, the scholarship amount is increased to $2500.

Tax Liability
   Under Internal Revenue Service (IRS) guidelines, these scholarships are taxable as income to the employee, and as such are subject to federal, state, local, and social security taxes.

Active Employees
   For active employees, applicable taxes on prepaid and reimbursed scholarships will be withheld from regular paychecks over a period of up to 10 weeks for scholarship amounts exceeding $100. Actual weekly deductions will vary based on total scholarship payment made. In those instances when the scholarship payment is less than $100, the full taxes will be deducted in one week.

Retirees
   Scholarships will be paid for dependents of retirees as a "net" amount after the applicable taxes have been subtracted. For example, a request of a $1,500 scholarship will result in a payment of $885.00. A W-2 form will be provided to the retiree for tax purposes.

Dependents of Deceased Employees
   Scholarships will be paid to children of deceased employees as a gross amount. A 1099 miscellaneous income form will be provided to the student for tax purposes.

Application Procedures
   The application must be completed by the UAW-Ford or UAW-Visteon employee and the dependent. Submit a separate application for each dependent and for each term (semester/quarter). Fill in all information requested and be certain to complete the Certificate of Eligibility and provide employee and dependent social security numbers. Incomplete forms will delay processing.

Prepayment Calendar
Term Begins Application Submission Deadline Check Issued
January October 15 December 1
March/April January 15 March 1
May/June March 15 May 1
August/September June 15 August 1
Other 30 days before class start 6 - 8 weeks after receipt of application or 30 days before class start

 

Continue to Payment Options and Obligations

The UAW-Ford Scholarship Program for Dependent Children is administered by Scholarship America, a national nonprofit education support and student aid service organization.

If you have questions, call toll-free 1-888-275-5011 or write:
UAW-Ford Scholarship Program for Dependent Children
Scholarship America
One Scholarship Way
P.O. Box 98
Saint Peter, MN 56082


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01/11/2008.