SEMA has announced that it’s now accepting applications for the 2012 SEMA Memorial Scholarship Fund.
The fund provides scholarships ranging from $1,000-4,000 to students looking to further their education in the automotive industry.
The fund started in 1984 and has since awarded more than $1.5 million in financial awards to more than 600 students that are studying for careers in the automotive aftermarket or related fields.
“Paying for a high-quality education is a challenge for many people, particularly in today’s tough economy,” said Jamie Eriksen, SEMA education director. “SEMA is pleased to play a part in helping students prepare for careers in our industry. The specialty-equipment industry is innovative, dynamic and holds many opportunities for the next generation.”
In order to be eligible for a SEMA Memorial Scholarship, students must apply, provide college transcripts and letters of recommendation. The scholarship is a one-time award that doesn’t have to be paid back, according to SEMA.
Awards are granted to eligible applicants based on academic achievements, work experience, community involvement, essay content and recommendations.
Students may re-apply each year, provided that they still meet the eligibility criteria, which are as follows:
- Minimum 2.5 grade point average
- Must be a U.S. citizen enrolled in a full-time program of study at an accredited university, college, or vocational/technical program in the United States (high school students aren’t eligible for the award)
- Pursuing studies leading to a career in the automotive aftermarket or related field
- Must have completed a minimum of 25 credit hours from a two-year community college or vocational/technical program or 50 credits hours from a four-year college or university
- Must remain enrolled as a full-time student for the first full semester following the award
- SEMA members and/or dependents receive special recognition during the application process
In addition to the scholarships, SEMA also provides loan forgiveness awards to recent graduates that go to work for SEMA-member companies and are paying off student loans. Winners will be notified in the summer of 2012. Scholarship payments are sent directly to the student’s college, university, trade or vocational school to help offset the cost of tuition. Loan-forgiveness payments are sent directly to the financial institutions. Details and applications for both the scholarship and the loan-forgiveness awards are available at www.sema.org/scholarships.