WILLIAM F. VERNON SCHOLARSHIP PROGRAM
The Scholarship Committee invites employees with sons and/or daughters graduating from high school or who are currently enrolled in an accredited college to participate in the scholarship program.
The Scholarship Program began with the graduating class of 1975 for the following purposes: To recognize intellectual ability and performance among the children of The Vernon Company employees; to make it easier financially for these students to attend college; to recognize and promote intellectual achievement.
The scholarship program will award up to four $1,000 scholarships to the children of Vernon employees who will be graduating from high school in May or June or are currently enrolled in an accredited college. The scholarships will be renewable for the full four years of college life (for a total of $4,000) if the student’s academic record meets the renewal procedures. Renewal applications must be submitted annually to the Selection Committee for approval.
The awards will be made on the basis of the student’s academic achievement in high school and the result of ACT or SAT tests. The Selection Committee also will consider pertinent information concerning the student’s conduct and activities.
The Company’s Scholarship Committee distributes the program information and is not involved with the selection of award winners. The school records of applicants and the results of the scholarship qualifying tests (ACT or SAT) will go to the Selection Committee, which selects the winners.
ELIGIBILITY
Those eligible for the 2025 scholarships are sons and daughters of regular full-time employees of The Vernon Company. Students must either be a senior in an accredited High School or currently enrolled in an accredited college at the time of application. The parent must have worked for the company continuously from May 1, 2024. Scholarship winners continue to be eligible for awards as long as the parent is employed and meets the sales volume tests.
For initial eligibility for the WFV Scholarship, Account Executives/Corporations are required to have $200,000 in sales volume over the 2024 sales year (Week 1 – Week 52). Each renewal year thereafter, a sales volume of $100,000 is required each sales year to maintain their child’s scholarship eligibility.
There will be a limit of two awards to children in the same family.
PROGRAM PROCEDURE
Minimum GPA for entry and continuation in this program:
- High School Senior: Selection is based on the professional judgment of the Selection Committee.
- College Freshman who are applying (initial/renewal) must have attained a GPA of 2.75 on a 4.0 scale for the fall period. If GPA less than 2.75 is reported by the educational institution, consideration will be given, and scholarship may be awarded on probationary status for one year*.
- College Sophomores and Juniors who are applying (initial/renewal) must attain a cumulative GPA of 3.0 on a 4.0 scale. If GPA is less than 3.0, follow procedure for College Freshman above.
**The Selection Committee may recommend non-continuance of renewal applicants if, in their judgment,
the renewal applicant will not attain the desired future GPA requirement.**
Additional requirements for continuation in this program:
- Not receiving a full scholarship from other sources.
- Will be attending a four-year accredited college or university or enrolled in an accredited junior college where courses are offered that are transferable to a four-year college.
SCHOLARSHIP PAYMENT PROCESS
$500 of the Scholarship will be paid at the beginning of the first semester (to be mailed out August 1st), and the remaining $500 will be paid at the beginning of the second semester (to be mailed out January 1). Payments will be made to the address we have on file; please contact Heather Van Dusseldorp (heatherv@vernoncompany.com) to update your address.
HOW TO PROCEED
Contact Human Resources at hr@vernoncompany.com to request an application packet for your child. Please use the subject line: SCHOLARSHIP APPLICATION REQUEST. The following information is needed:
Student Name:
Parent Name:
Primary E-mail Address:
Current Student Status (High School or College):
Anticipated Date of Graduation:
**Deadline to request an application is November 29, 2024.**
All application materials will be e-mailed to candidates upon request. All completed forms are due back by the date specified in the formal letter that is sent with the application materials.
**Applicants are required to take the American College Testing Tests (ACT) or Scholastic Aptitude Test (SAT) and send one copy to the Scholarship Committee.**
The winners of the scholarships will be announced in May 2025. The winners may select any accredited college. They must make their own arrangements for admission.
Please contact Heather Van Dusseldorp with any questions about completing the application forms.
~ THE SCHOLARSHIP COMMITTEE