Friday, February 6, 2009

Appraisal Institute candidates? If so, see this scholarship opportunity:

North Texas Chapter
2009 Education Scholarship Awards Criteria and Procedures

2009 Scholarship Committee:
The members of the 2009 Scholarship Committee are:
• Julius Blatt, MAI (Elected by the membership at the January 13, 2009 Chapter Meeting)
• Pam Bonds, MAI, SRA (Board of Directors’ appointment)
• Christi Glendinning, MAI (President’s appointment)

Scholarship Criteria and Award Guidelines:
The criteria and award guidelines for the scholarship shall be as follows:
• Scholarship recipients shall be limited to Associate Members of the Appraisal Institute, North Texas Chapter, who are in the process of attaining designation.
• Scholarships shall only apply toward North Texas Chapter sponsored designation track courses. Scholarship funds can be applied retroactively to courses taken in 2009, prior to the announcement of the scholarship awards.
• Scholarships shall be used during the 2009 calendar year, if at all possible.
• The maximum scholarship award an Associate Member can receive in any one year is $500.00.
• If the total scholarship funds are not expended annually, they carry over to the next year and accumulate.
• Associate Members serving on the Scholarship Committee are not eligible for a scholarship during their term of service on the committee.
• The Scholarship Committee’s work will be done in compliance with the Appraisal Institute’s policies and guidelines regarding non-discrimination.
• The Scholarship Committee shall consider the following criteria in determining scholarship award recipients:
1. Associate Member must be in good standing with the Appraisal Institute.
2. General background regarding the applicant’s membership.
3. Appraisal Institute courses successfully completed.
4. Educational background.
5. Experience credit earned and in which categories.
6. Anticipated date of designation.
7. Details regarding present employer or business and position in the company.
8. Indication of financial need and an outline of applicant’s general situation.
9. Involvement in chapter activities and the number of meetings attended.
10. Additional information that is pertinent in conjunction with the scholarship request.

Scholarship Procedures:
• The membership shall be notified that scholarships are available. The notification shall be made by broadcast email with at least two notifications sent to the Chapter membership. Other methods of notification can be used.
• The committee shall make a determination of the 2009 scholarship awards no later than Tuesday, February 10. The selection process will be based on the criteria listed above, and comments in the applications. The scholarship funds shall be equitably distributed.
• If there are no scholarship applicants, the scholarship fund shall be carried over to the year 2010. Should a 2009 scholarship recipient not use the scholarship award in 2009, they must show cause for a one-year extension.
• Applicants must complete the Scholarship Application and submit to the Chapter office (see below) no later than Friday, January 30, 2009 – EXTENDED THROUGH FEBRUARY 6, 2009.

Appraisal Institute, North Texas Chapter
P. O. Box 801807, Dallas, TX 75380-1807
972/233-2244 972/239-6857 (fax)
E-Mail ainorthtexas@sbcglobal.net
www.ainorthtexas.org

2009 Education Scholarship Application
Appraisal Institute, North Texas Chapter

Annual scholarships totaling $5,000.00 will be distributed to North Texas Chapter Associate Members to use toward 2009 Appraisal Institute, North Texas Chapter sponsored designation track courses.

The awards shall be announced and presented at the February 10 Chapter meeting.

If you wish to apply please complete the following questionnaire:

Name: ___________________________________________

E-Mail: ______________________

Phone: ______________________

Address 1: ___________________________________________________

Address 2: ___________________________________________________

Approximate Number of Years as Appraisal Institute Associate Member: ________________

Experience Credit Awarded to Date: __________

Courses Completed to Date and Approximate Date (Month-Year) Taken:

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Classes you are considering for the scholarship funds (no obligation):

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Comments you wish to share with the committee regarding the criteria used by the committee:

• Evidence of commitment to obtain designation (as shown through prior completion of classes, experience credits and other factors offered by applicant).
• Financial Need (evidenced by applicant’s comments on application).

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