College savings matching grants program

Academic year 2016

Purpose
There are 2 specific purposes for the college savings matching program: 1) provide grants for young children for future higher education; and 2) the encourage parents and families to save for college expenses of their young children.

Target population
Circassian children 0 - 13 years old and their families.

Eligibility criteria
  1. Circassian child, age 0-13 years old on date of application
  2. US citizen or permanent resident
  3. Parents to open a 529 college savings account, in the name of their child, at a US financial institution; if needed, the Foundation can help and guide parents to open and set up the appropriate account
  4. Parents to commit an initial deposit into their child's savings account of up to $ 1,000
  5. Parents to commit to monthly automatic deposit into their child's savings account of a minimum of $25 per month
  6. Parents to personally attend the 2016 Scholarship Awards & Fundraising Dinner 6:00PM, Wednesday, November 24, 2016 at The Westmount Country Club
    728 Rifle Camp Road West Paterson, NJ 07024, order to receive the grant.

Procedure
Applying parents are required to submit the following:
  1. Fill out an online application College savings matching grant online application form
  2. Submit proof of an open 529 college savings account at a US financial institution. This should be mailed to the Circassian Education Foundation, P.O. Box 2276, Wayne, NJ 07470.
  3. If the parents do not have such an account, the Foundation can help and guide parents to open and set up the appropriate account. To request assistance with opening an account, parents may call Mr. Farouk Kozrosh at 973-244-0655
  4. Submit proof of an initial deposit of up to $ 1,000. This should be mailed to the Circassian Education Foundation, P.O. Box 2276, Wayne, NJ 07470.
  5. Submit proof of monthly automatic deposit into the savings account of a minimum of $25 per month. This should be mailed to the Circassian Education Foundation, P.O. Box 2276, Wayne, NJ 07470.

Each application will reviewed. The eligible applicant will be awarded a one-time grant matching the initial parent's deposit up to $ 1,000. A total of 20 grants equaling up to $ 20,000 will be awarded in 2016. The applications will be reviewed on a first-come first-serve basis.

This program is offered for 2016. The Circassian Education Foundation may offer similar programs in future years.

Parents who win the matching grant will be notified no later than November 20, 2016.

Parents winning the college savings matching grants must attend the 2016 Scholarship Awards and Fundraising Dinner at 6:00PM, Wednesday, November 24, 2016 at The Westmount Country Club 728 Rifle Camp Road West Paterson, NJ 07024, in order to receive the grant personally.

Timeline
The college savings matching grant application deadline is November 15, 2016.

College Savings Matching Grants application form 2016

College Savings Matching Grants application form


SECTION A
Date of application 10/17/2017 9:38:55 AM
Child's first name
Child's last name
Child's date of birth  (mm-dd-yyyy)
Gender
Street address
City
State
Zip
Father's first name
Father's last name
Mother's first name
Mother's last name
Email
Home phone
Work phone
Cell phone
Fax

SECTION B
Have you opened a 529 college savings account at a US financial institution in the name of your child?
Name of Financial Institution/Bank
Address
Account Number
   
Have you made an initial deposit of up to $ 1,000.
   
If yes, how much of a deposit?
A copy of the deposit slip or other proof of deposit should be mailed to the Circassian Education Foundation, PO Box 2276, Wayne, NJ 07470.
   
Have you set up automatic deposit into the savings account of your child of at least $ 50 per month?
   
Proof of the set up of monthly automatic deposit into the savings account of a minimum of $ 50 per month should be mailed to the Circassian Education Foundation, POBox 2276, Wayne, NJ 07470.
   
If you answered No to Section B, The Foundation can help and guide you to open and set up the appropriate account. To request help with opening an account, you may call Mr. Farouk Kozrosh at 973-244-0655.
   
legal release



Disclaimer