Marine Corps Scholarship Foundation
The Marine Corps Scholarship Foundation is a privately funded, 501 non-profit organization that provides academic scholarships to children of United States Marines and Navy Corpsmen. The Scholarship Foundation is the Nation's oldest and largest provider of need-based scholarship to military children. Their funding is provided by private supporters, including individuals, corporations, and other nonprofit foundations. The organization's mission is to "Honor Marines by Educating Their Children."
Work
Since its founding in 1962, the Marine Corps Scholarship Foundation has provided more than 40,000 scholarships, valued at over $125 million. provide access to affordable education for the children of Marines and Navy Corpsmen attending post-high school, undergraduate, and career technical education programs.The Scholarship Foundation's scholarship reports that:
• 45% of recipients majors in STEM and health science majors
• 50% are first-generation college students
• 90% of recipients graduate or are on track to graduate
In addition, the Scholarship Foundation has been recognized by the Better Business Bureau for satisfying 20 out of 20 standards for charity accountability, transparency, and sound financial management.
The Scholarship Foundation's awards are primarily need-based. Qualified applicants must be the child of a Marine or Navy Corpsmen, and their maximum family income must not exceed that of the current pay scale of a sergeant major.
The Scholarship Foundation cites the mounting toll of the war on terror, the rising costs of education, and the maturation of a new generation of Marines as an urgent call for increasing support.
Scholarship applications are accepted January 1 - March 1, annually, via the Scholarship Foundation's website: www.mcsf.org