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The following
rules and guidelines, revised in September 26, 2005 were approved
by the Victoria Chapter, American Petroleum Institute (API)
Executive Board on September, 2005.
THE MISSION OF
THE VICTORIA CHAPTER SCHOLARSHIP PROGRAM IS TO FOSTER A CONTINUING
SUPPLY OF QUALIFIED PROFESSIONALS FOR THE PETROLEUM INDUSTRY.
A minimum of Fifteen (15) scholarships each Fall and Spring
semester are to be awarded out of the Scholarship Fund. The Amount
of the Scholarship fund shall be determined by available funds
less reserves as determined by the Executive Board on or before
August 31st of each year. The executive board will exercise its
best effort to provide a minimum of $10,000 for the Scholarship
Fund. The quantity of scholarships may be reduced for the
following reasons: (a) The number of qualified applicants is less
than fifteen, or (b) the resulting award would be less than
$250.00. The maximum award amount is $2,500 per semester. Award
amounts are subject to change due to funds availability. Scholarships
will be funded prior to October 15th for the Fall semester and
prior to February 15th for the Spring semester. Each recipient is
limited to a maximum of 8 semester scholarships for undergraduate
study.
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CONSIDERATIONS:
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1)
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Preferential
consideration is to be given to students entering or
pursuing a Major Course of study toward a career in the
Petroleum Industry, i.e.: Petroleum Engineering, Geophysics,
Geology. Applicants pursuing other courses of study will
receive consideration should there be an insufficient number
of otherwise qualified applicants.
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2)
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Favorable
consideration will be given to relatives of active Victoria
Chapter members. All applicants are required to submit a
letter of recommendation from a member of the Victoria
Chapter before they will be considered.
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3)
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Past
semester grades from either high school or college relative
to all applicants.
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4)
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Scholastic
Recognition / Community Service
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5)
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Extra
Curricular Activities
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6)
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Work
/ Study status
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REQUIREMENTS:
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1.
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Students
must be enrolled full time, 12 hours minimum per semester
being applied for. Scholarship
Recipients that fail to complete 12hrs are disqualified for
the following scholarship semester. Courses
from multiple schools may be combined additively, but
applicants must submit an explanation regarding how it will
affect their course of study.
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2.
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Recipients
of scholarships must maintain a 2.50 grade point average
(GPA) or better for the last semester. Summer Session grades
may be considered for determination of the previous semester
GPA, but only if a minimum of 6 credit hours of core
curriculum courses were taken each session, 12hrs total.
Applicants that split their classes between multiple schools
must submit transcripts from each school and provide the
combined GPA for the scholarship committee review.
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3.
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Students
must furnish copies of transcripts and next semester's
schedule postmarked no later than September 15 for Fall and
January 15 for Spring semester to qualify for the subsequent
scholarship payment.
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4.
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Recipients
of Fall Semester awards are only required to submit their
otherwise qualifying Fall semester transcript and Spring
course schedule to receive the subsequent Spring semester
award.
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5.
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A
new application
is required for the Fall Semester in all cases. Previous
recipients applying for renewal are not guaranteed to
receive the scholarship due to the fact that the Victoria
API Scholarship Committee will be receiving new applications
every semester based on the above requirements.
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EXTENDED BENEFITS:
At the end of a
student's four year (4) scholarship, benefits may be extended if
there are not enough qualified applicants to receive the quota of
scholarships for that year. Should there be more students applying
for extended benefits than openings are available, the Scholarship
Committee will determine who will receive the extended benefits.
NOTES:
THE API AND THE
BOARD OF DIRECTORS OF THE API RESERVES THE RIGHT TO CHANGE AND
AMEND ALL RULES AND GUIDELINES AT ANY TIME THAT IT DEEMS
NECESSARY.
When you submit your
application, be sure to include copies of your previous semester
transcript, current semester schedule, and a letter of
recommendation. Do not submit these documents separately.
FOR QUESTIONS AND/OR CLARIFICATION,
CONTACT:
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API
SCHOLARSHIP CHAIRMAN
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Justin Glass---Smith
---361-935-9555 - jglass@smith.com
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