E mployee Scholarship Terms : All applicants must read the eligib i lity Terms and Conditions in full. By accepting a scholarship from The Munday Foundation , it is understood that you have read and agree to comply with these Terms and Conditions. • Employee applicant must be a U.S. citizen or a permanent resident to be considered for the scholarship. • Employee applicant must have been continuously employed in an active full or part - time position with the company for at least 6 months by the application submission deadline. o Recipients must be employed with the company at the time awards are granted and announced. • Employee applicant must: o Possess a high school diploma/GED and o B e a current undergraduate student at a college or university. • Employee a pplicant must be attending an accredited two (2) or four (4) year college or university within the United States. A ward recipients must be enrolled as a part or full - time undergraduate student for the upcoming semester. o Proof of current enrollment for the upcoming semester is required. This includes the prior and/or upcoming semester class schedule. • Scholarship funding is not guaranteed; eligible applications submitted for review will be considered , and selected recipients will be notified via email. The timeline for the review process of an application cannot be expedited; therefore, employee applicant s should not delay making any required payments to their academic institution • The Munday Foundation seeks to promote and support the enrollment of diverse individuals into higher education institutions , especially those from historically underrepresented groups. When dete rmining scholarship awards, co nsideration will be given to employees who have self - identified either as a member of an underrepresented U S ethnic min ority group or as a first - generation college student. • All scholarships are awarded on the basis that the recipient will maintain an active, full - time enrollment status at thei r academic institution for the duration of the semester . A previously - awarded scholarship may be terminated if a recipient’s enroll ment status changes, for example , if a recipient decides to discontinue their studies. • Requests for deferment of a scholarship award will be determined on an individual basis and at the discretion of the scholarship committee. Scholarships will not be paid while a student is o n leave of absence from school • All information regarding awarded scholarship amount is to remain confidential. • The Foundation may terminate a recipient ’s scholarship if the y have : o discontinued their studies , or they have an inactive enrollment status; o fail ed to meet the eligibility requirements of the scholarship; o failed to meet the terms and conditions of the scholarship s; o been suspended or expelled from school; o been made an incorrect scholarship offer as determined by the scholarship committee at its sole discretion; and/or o provided incorrect, false , or misleading information or withheld relevant information on the scholarship application or after receiving a scholarship award. • An employee recipient will need to repay the scholarship award if: o the payment is made to them in error , or they have been overpaid; o the scholarship is terminated; o they do not meet the conditions of the scholarship or are deemed to be ineligible for the scholarship In the event that an employee is required to repay a scholars hip award, they must do so within two ( 2 ) weeks of receiving the initial notification. • By applying for the schol arship, an employee applicant grants T he Munday Foundation permission to post their name and photo in the event they are awarded the scholarship. (Reci pient s will be required to provide a photo.) The post may be shared on social media channels and/or via other marketing communications. Recipients may be required to provide a short testimonial with some background information about themselves. • The Munday Foundation reserves the right to change the scholarship program at any time, including but not limited to the number of available scholarships, deadlines, requirements and/or scholarship amounts. • The Munday Foundation will be collecting personal data about applicants online. By applying for the scholarship, applicants hereby agree to the collection and use of their personal information. Applicant’s information will not be shared with third parties. • Scholarship awards will be granted in a one - time, non - renewable, non - transferrable payment directly to the recipient’s school. Award recipients are only eligible to receive one (1) award per academic semester. • This scholarship award is intended to cover on e academic semester only. • An employee may be awarded up to a maximum of two ( 2 ) Louise & Christopher B. Munday Foundation scholarship awards total per academic year. • Applications are received (and awards are distributed) during the fall & spring semesters only . Applications received outside the stated application period will not be cons idered. • Scholarship awards must be used for tuition and other qualified education expenses like student fees, books, related supplies, and equipment. • 2020 is not a tax preparation specialist, nor can we consult or provide recommendations related to the use of fun ds awarded through The Munday Foundation . It is the recipient’s responsibility to consult a personal accountant or tax specialist with any tax - related scholarship questions. • These Terms and Conditions are subject to change. I unde rstand that by submitting this application, I agree that the information I have provided is true and accurate. I also understand that any award I receive is to be used for tuition, books , and other qualified academic expenses and is not eligible for a c ash payout or similar exchange.