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• All scholarship applications must be postmarked by  February 11, 2008.

2. How much are the scholarships for?

• Each scholarship is a different amount. Please look at the scholarship details for each program to verify the amounts.

3. How will I know if I received a scholarship?

• Once we receive your completed application the Foundation will send you a letter stating that we have your application on file. If you receive a scholarship you will receive an award letter in the mail no later than April 1. If you have a question about your status of your application please contact the Foundation.

4. What can the scholarship money be used for?

• The scholarship money is sent directly to your school. Therefore the money can be used for anything that is paid for through your school, for example: tuition, books, room and board, or meal plans.

5. How will I get my scholarship money?

• The scholarship check will be mailed directly to your school and will be made payable to you and the school. All scholarship checks are mailed at the end of the summer, unless prior arrangements are made.

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• After receiving a scholarship, you will be contacted by the Foundation to see if you are interested in a summer internship. If so, the Foundation will review each student’s interests and forward his/her resume to companies matching the student’s criteria. Individual companies have the final decision in hiring; therefore, the Foundation cannot guarantee that a student will receive an internship.

2. Where in West Virginia are the internships offered?

• The Foundation will work with you to find placement in a location that best meets your needs. Typically, internships are sought in the student’s surrounding area. However, accommodations can be arranged for those interested in working away from home. For example, many summer internships are offered at the I-79 Technology Park, in Fairmont, so students can choose to live in the dorms at Fairmont State College.

3. Will I receive compensation for my internship?

• Typically, the Foundation seeks paid summer positions for students; however, payment is determined by the company.

4. Can I earn academic credit for my internship?

• It is the student’s responsibility to check with his/her school regarding requirements for academic credit.  Usually, schools require that a student provide evidence of the experience through a written report or journal in addition to paperwork completed by the working supervisor. The Foundation will help any student that needs assistance in working out the details.

5. How should I dress for work if I get an internship?

• Each company has their own dress requirement. Students should check with the company to learn the policy.

6. What happens if I have college orientation or vacation scheduled in the summer?

• Each student should notify his/her supervisor as early as possible of such events (preferably at the beginning of summer). Although the final decision rests with the company, most employers understand that summer is a student’s only time off.

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• The purpose is to encourage talented West Virginia students to enter a career within their home state by offering loans at favorable terms with the option of debt forgiveness.

2. Who qualifies to apply for a scholarship loan?

• To be eligible, the following requirements must be met:
  Must have attended high school in West Virginia
  Must be a recipient of a Foundation scholarship
  Must demonstrate financial need
  Must have a minimum cumulative GPA of 3.0

3. How does the scholarship loan work?

• After receiving a scholarship from the Foundation, a student may request a loan application. If the student is granted a loan, the student has the option to turn the borrowed amount into a scholarship requiring no repayment. A student’s loan will be forgiven up to $2,000 for each period of twelve consecutive months of full-time employment in a job that contributes to the development and advancement of the West Virginia economy. The borrower will have up to six months from the date of graduation to find employment in West Virginia before the loan repayment begins. However, if the student fails to work in West Virginia after college, the student will be required to repay the borrowed amount plus interest.

4. How much money can I receive?

• Students may apply for up to $2,000 per academic year. The maximum loan amount awarded will not exceed $8,000 or $2,000/year for four years.

5. Do I have to apply each year for a loan?

• Yes, an annual application is required.

6. What can the loan money be used for and how will I receive it?

• Loans are made payable directly to the student and the college for the use of tuition, fees, books and other educational expenses approved by the Foundation.

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