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Scholarship Meeting

Scholarship Meeting. SAFETY 1 ST. While on plant site, please remember the following safety rules. Obey plant speed limit of 25 mph and all other traffic and warning signs .

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Scholarship Meeting

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  1. Scholarship Meeting

  2. SAFETY 1ST • While on plant site, please remember the following safety rules. • Obey plant speed limit of 25 mph and all other traffic and warning signs. • Stop at both RR crossings. Even if the railroad safety arms are up, still look both ways and check for trains. If the safety arms are down and you don’t see a train, do not drive through. • Do not operate cell phone, text or Bluetooth while driving on Nucor property. • Watch for mobile equipment like Taylors, Shuttle Trucks and Forklifts. Use caution when approaching and keep a safe distance away. • Security gate closes at 7:00pm. • Restrooms are located around the corner.

  3. What’s the Foundation?(or, how did I get this award?) The Nucor Foundation Program began in 1974 as a non-profit corporation for charitable and educational purposes. The Foundation believes economic and social progress is built on educating people. Scholarships encourage education so the Foundation awards scholarship grants to deserving students. $61.1 million has been paid to 13,200 students at 1,587 different schools. Every student has something in common: their parent works at Nucor!! In April 2012, the Foundation Scholarship Selection Committee awarded 708 awards for 2012.

  4. “Who decided which award I received?”There is 1 program with 2 awards. The selection committee has 3 people who review the applications. They work in education, business or other professions. From all applications received, 25% of the applicants are awarded Foundation Scholarships and 75% are awarded Educational Reimbursements. The award you receive is based on your academics, leadership, references, personal background and financial aid. “What’s the difference?”Foundation ScholarshipEducational DisbursementScholarshipA reimbursement awardNo W-2 W-2 (Taxes are Withheld)No Service Project 8 hour service projectParent Terms? Parent Terms? Below 2.0 GPA? Below 2.0 GPA?Undergrad degree/cert Undergrad degree/certOR OR $12,000 is paid $12,000 is paidOR OR8 years after HS grad 8 years after HS grad

  5. How does the process work??

  6. TERMINOLOGY 101:What’s a completed “Info / Payment Request Form?”

  7. Educational Disbursement letter to your school’s Financial Aid Dept

  8. Foundation Scholarship letter to your school’s Financial Aid Dept

  9. What’s a “Statement of Fees?”

  10. 2nd example:

  11. 3rd example

  12. So, what isn’t a Statement of fees?

  13. What’s a transcript?

  14. 2nd example:

  15. 3rd example:

  16. Can my transcript automatically be sent each year?

  17. Questions often asked • I’m a Freshman. Why did Nucor only pay $1,500 this semester? • How much of the fees will Nucor pay? • What’s the difference between a school year award and a calendar year award? • Classes start tomorrow. Where’s Nucor’s money? • Are there schools that Direct Bill? • Do you have contacts at schools? • Why did I get a letter from Trident Tech canceling my classes? • My Cumulative Grade Point Average (GPA) is 1.6?

  18. Questions (continued) • What if I Withdraw from a class? • I can’t attend Berkeley’s project day June 6th or 8th? • I haven’t done my service project or submitted my transcript and fees are due? • Can I transfer to a different school? • The class is full, can I take it on-line? • What if I’m required to buy a Computer? • I live off-campus, does that qualify? • When will my statement of fees be paid?

  19. Educational Disbursement W-2s

  20. Community Service Project Paper

  21. Community Service Project Paper (Cont.)

  22. Community Service Project Verification (Supervisor Signature)

  23. Liz Wells Nucor CorporationScholarship Administrator

  24. Insurance Eligibility • Medical coverage through 26th birthday • Life Insurance coverage through 23rd birthday and full-time student • What is a full time Student? • Anyone 19-22 who is enrolled full-time in a university, college or vocational school. • Full-time status based upon the requirements of the college or university you are attending

  25. Question / Answer Session?

  26. **Contact Information ** • Linda Starr • linda.starr@nucor.com • 843-336-6162 phone • 843-336-6176 fax ***What’s due Tonight? *** • Signed Packet Acknowledgement • Signed Community Service Acknowledgement • Completed Info / Payment Request Form (if ready) • RSVP sheet for Berkeley Community Service Project (if applicable)

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