Scholarship Criteria

Eligible Types of Major Degrees

The NTAGGL Scholarship Program is for all persons who are seeking financial assistance for college tuition and expense. However, there is a special emphasis to low to moderate income families. Applicants who qualify under low to moderate income will be given a credit towards the overall grading system.  The low to moderate income designation will be determined by verification from the college institution’s financial aid office.

Purpose: The North Texas Association of Government Guaranteed Lenders (NTAGGL) recognizes the value of a quality education and the importance of financial literacy education and is proud to announce the availability of scholarship award opportunities provided through a partnership between NTAGGL and First Command Educational Foundation (FCEF).  NTAGGL serves and supports the small business lending community of North Texas by partnering with government agencies and their affiliates to further provide training and networking opportunities through our associate members.  NTAGGL believes strongly in personal financial literacy of our youth and our leaders.  FCEF promotes and provides education as a foundation of a productive society through scholarships and financial literacy programs. Established in 2010 by NTAGGL in partnership with FCEF, this scholarship opportunity is open to students who are pursuing a business degree, a social science degree, a banking / finance degree or attending a two or four year college or university for a bachelors or graduate program.

A) SCHOLARSHIP CONDITIONS AND ELIGIBILITY FOR – BUSINESS, SOCIAL SCIENCE OR BANKING / FINANCE MAJORS

* Student majoring in Pre-Business, Business Administration, Banking, Finance, Economics, History, Justice Systems, Philosophy, Religion, Political Science, Psychology, Sociology, Environment, Pre-Law, Education, Communication and other related majors in social science degrees

* Provide two letters of recommendation

* Essay – (Two Pages)

* Minimum 3.0 GPA (transcripts required)

* Preference given to resident of North Texas but not limited to North Texas

* Student must be U.S. Citizen or U.S. Permanent Resident (Copy of Driver’s License or Identification Card required)

* Evidence of campus leadership and/or volunteer service

* Must complete ‘Basic Finances 4 All’ online course https://www.fcef.com/education/ and generate certificate upon completion of the course.

B)     SCHOLARSHIP CONDITIONS AND ELIGIBILITY FOR –OTHER MAJORS: ATTENDING A   TWO OR FOUR YEAR COLLEGE OR UNIVERSITY

* Student majoring in other degrees not mentioned above but attend a two or four year college or university

* Provide two letters of recommendation

* Essay – (Two Pages)

* Minimum 3.2 GPA (transcripts required)

* Preference given to resident of North Texas but not limited to North Texas

* Student must be U.S. Citizen or U.S. Permanent Resident (Copy of Driver’s License or Identification Card required)

* Evidence of campus leadership and volunteer service

* Must complete Basic Finances 4 All online course https://www.fcef.com/education/ and generate certificate upon completion of the course.

The NTAGGL process for approval does not discriminate on the basis of race, culture, color, creed, gender, religion, or sexual orientation. Awards are $1,000 for 1 year of study. The scholarship award will be made directly to the college/university and applied to the recipient’s account.

Family Member or Relative of NTAGGL officers, directors and members of scholarship committee are disqualified from receiving a scholarship.

“Family Member” means the spouse or domestic partner of the NTAGGL officer, director and/or member of the scholarship committee (the “Member”), a person who is or has been a Relative (as further defined herein) of the Member, a child who normally or regularly resides with the Member, a child of whom the Member is a guardian or any person who is or has been ordinarily a member of the household of the Member. “Relative” means the following:

(i)     a father, mother, grandfather, grandmother, step-father, step-mother, father-in-law or mother-in-law of the Member; or

(ii)     a son, daughter, grandson, granddaughter, step-son, step-daughter, son-in-law or daughter-in-law of the Member; or

(iii)     a brother, sister, half-brother, half-sister, brother-in-law or sister-in-law of the Member; or

(iv)     an uncle, aunt, uncle-in-law or aunt-in-law of the Member; or

(v)     a nephew or niece of the Member; or

(vi)     a cousin of the Member.

Refer to website for list of NTAGGL officers, directors and members of scholarship committee. 

AWARDING OF GRANT

Awardees will be asked to attend a NTAGGL luncheon to meet the people who made the grant possible. NTAGGL meets quarterly for a luncheon which may or may not be convenient to attend.  The awardee will be introduced to the membership.  School schedules could interfere with this action and if so it will not effect the award.

The 2017 awardees will be asked to attend the luncheon on Wednesday, July 19, 2017.