Scholarship Program
Overview
The International School of Greenville (ISG) provides need-based scholarships to eligible students for the purpose of furthering bilingual education. Scholarships are awarded solely based on the family’s financial situation. Scholarships are provided in the form of free or reduced tuition.
The number and amount of scholarships depends on the number of applicants and budget available. Each year the International School of Greenville assesses the budget available for scholarships after an assessment of financial position and projected revenue and operating expenses. The budget is established by approval by the Board.
Application
Any parents who cannot cover the full tuition for their children are encouraged to apply for a scholarship. As part of the application process, parents must first assess eligibility for grants offered by institutions other than ISG whether government or private. ISG assists parents in identifying grant programs for which they are eligible. ISG assists parents in applying for any applicable education grants. If the full tuition is not fully covered by the grant, ISG endeavors to pay the remaining balance that the parents attest that they cannot pay, up to the budgetary limit established at the beginning of the school year. Applications must be accompanied by 3 years of tax returns and the finanical worksheet.
Records
ISG maintains case histories showing recipients of scholarships, including names, addresses, purposes of awards, amount, manner of selection, and relationship (if any) to officers, trustees, or donors of funds. This information is not made public, however it may be used by the selection committee for the purpose of establishing equity in scholarship awards.
Eligibility
Financial need is the only criteria for determining eligibility for scholarships. All students of ISG are required to maining good educational standing to continue at ISG and therefore this is not assessed for scholarship eligibility.
Selection
Financial need is the only criteria for determining eligibility for scholarships. ISG endeavors to provide scholarships to all applicants, however when the budget does not allow, students are ranked in priority from those most in need of financial assistance with priority of scholarship budget goes to those most in need. Need is assessed based on the applicant's statement of financial as well as the previous year’s IRS tax returns. The Board of Directors’ Selection Committee approves scholarships and ensures equitable selection in accordance with the terms of ISG’s Scholarship Program.
Conditions
ISG does not impose any requirement or condition to obtain, maintain, or qualify for renewal of a scholarship. All students of ISG are required to maining good educational standing to continue to study at ISG and therefore this is not assessed for scholarship eligibility, renewal or maintainability.
Supervision
ISG provides scholarship award determinations at the beginning of the school year. Scholarships are provided in the form of a reduction in the amount of tuition for the school year. Therefore, ISG does not provide other supervision post-award. Should a student unenroll in ISG during the term of the school year for which the scholarship is made, or otherwise become ineligible to continue to study at ISG, ISG does not impose reimbursement or any repayment of scholarship funds.
Selection Committee
The scholarship selection committee is composed of no less than two Board of Directors assigned based on self-nomination and subsequent vote of the Board of Directors. In the case where a donor sits on the Board of Directors, non-donor Board Members shall comprise at least 50% of the selection committee seats.
Officers, Directors, Donors and Relatives
Relatives of members of the selection committee, officers, directors, or substantial contributors are not eligible for awards made under ISG’s scholarship program.