Scholarships may be granted in the name of the FPEF or in conjunction with designated scholarships from other associations or individuals whose contributions to the fluid power industry are deserving of such recognition.

	Institutional Eligibility The FPEF shall from time to time consider certain trade schools, institutes or colleges offering engineering courses in general, (and those maintaining a curriculum in hydraulics or pneumatics in particular) for designation as key schools. Such institutions, located in the United States, shall offer as a minimum: a trade school certificate upon completion of one year of study. an associate degree as an engineering technician after two years' study. a B.S. degree in engineering or an associated field, after four years of study.
	Student Eligibility The FPEF, after consultation with the appropriate officials within the schools receiving scholarship funds, shall consider candidates nominated by these schools, with the following provisions: The student should be a matriculated full-time student* pursuing a course for a certificate or a degree. has, in the opinion of school officials, the motivation and interest in pursuing a career involving fluid power technology after completion of the prescribed course. achieves a minimum grade average of 'C' in fluid power courses. maintains an overall gradepoint average consistent with the school's minimum academic requirements. (A *"full-time student" will be defined as a student who is carrying a sufficient number of credit hours, or their equivalent, to secure the degree or certificate toward which he or she is working in no more than the length of time normally taken at the institution.)
	Application Procedure Each institution nominating a student will provide FPEF with the name, address, and phone number of a faculty member who will serve as liaison between the school and the FPEF. This person will serve as a key professor. The school shall submit its application for a particular student directly to: John Nagohosian FPEF Educational Coordinator 6970 Wing Lake Rd. Bloomfield Hills, MI 48301
	This application shall include, but not be limited to: A biographical statement, noting that the student is an applicant for the FPEF scholarship; listing prior education, work experience, awards and leadership positions during his/her educational process; and including a short (500 words or less) statement outlining the student's educational and career plans as they relate to the fluid power industry. Transcripts of the student's high school and/or undergraduate scholastic records Two letters of recommendation written by faculty members in the student's major field of study. These can include a letter written by someone qualified to speak of the student's potential for a career involving the fluid power industry. The FPEF Educational Coordinator shall evaluate each applicant, based on the foregoing requirements, and with the FPEF Board of Trustees' approval, shall govern all matters concerning the awards, including final selection and amount of award. The key professor will provide the student with a FPEF Scholarship Evaluation Form, as provided to the professor by FPEF. Key professors are requested to insure the timely return of evaluation forms completed by the student.
	Payment of Scholarship Monies Upon receipt of the application, the FPEF Educational Coordinator will review the materials submitted. With the approval of the FPEF Board of Trustees, he will recommend to FPEF Headquarters that payment is to be made to the student. FPEF Headquarters staff will submit the request to the FPEF Treasurer. Upon receipt of a check for the scholarship amount from the Treasurer, Headquarters staff will send the check to the key professor for disbursement to the student. This process will take approximately one month from date of submission to check production. Key professors are asked to await notification that the scholarship has been approved before planning award ceremonies. It is recommended that a fluid power industry representative be asked to present the scholarship if there is to be an award ceremony. It is suggested that the school send photos of any award ceremony that is held in conjunction with this scholarship procedure to FPEF Headquarters, clearly identifying the participants, and giving permission for the photo to be used for promotional purposes by the FPEF.
	Duration of Scholarships At the discretion of the FPEF, a scholarship may be granted for a limited period so as to enable a student to complete a segment of curriculum or otherwise enable said student to receive the prescribed degrees, such as - for the second year of a two-year degree course and/or the third or fourth year of a four-year degree course and/or approved research work in a graduate program. It is the intent of the FPEF, but no requirement, that the FPEF renew the particular scholarship award for a period equal to the initial prescribed course of study, such as two years or four years. Each awardee shall receive annually such sum as is determined by the FPEF or by the designated donor. These scholarship monies are not intended to cover the entire cost of the student's obligation to the school, but to serve as a partial payment of tuition, books or living expenses, as needed.
	Termination of Scholarships Except as may be decided otherwise by the FPEF, the FPEF may terminate any scholarship if the student does not meet the above criteria for one term, provided the student receives a notice and opportunity to be heard with respect to grounds for termination. If a scholarship is terminated or if the student resigns from the school, all funds not yet spent must be returned to the FPEF. New Key High School Scholarship Program   The Fluid Power Educational Foundation has initiated a plan to designate deserving high schools as Key High Schools. There will be funds made available for scholarships for graduating seniors who have successfully completed two years of courses in a systems engineering, engineering technology or robotics program. These courses are to include hydraulics, pneumatics, electrical, and mechanical power transmission and control.   Purpose for which scholarship may be used The scholarship funds may be used for payment of tuition, fees, books or other costs directly attributed to enrolling in an Engineering or Engineering Technology program at a post-secondary school.   Requirements to qualify for a scholarship This scholarship is limited to those applicants who have been officially admitted to a program leading to a degree in Engineering or Engineering Technology related fields.  ·        The applicant must be enrolled, at the post secondary school, as a full-time student (as determined by the institution).  ·        The applicant must be graduating from high school with a “B,” or 3 on a 4 point scale overall gradepoint average. ·        The applicant must submit a 300 word essay in which he/she will explain why they have enrolled in their degree program and what work-related avenues they expect to pursue after completion of the program.  ·        The applicant must submit two letters of recommendation from science, math or technology instructors from classes the applicant has attended.  DISBURSEMENT OF SCHOLARSHIP FUNDS ·        A scholarship certificate will be issued to the selected applicant for the amount of scholarship awarded.  ·        The certificate will be redeemable upon the Foundation receiving an official document from the post-secondary institution indicating enrolment in an Engineering or Engineering Technology related program.  ·        Admission must be made within twelve (12) months after high school graduation.

	The applicant must be enrolled as a full-time student (as determined by the institution).
	The applicant must be graduating with a “B”, or 3 on a 4-point scale overall grade average.
	The applicant must submit a 300 word essay in which he/she will explain why they have enrolled in their diploma/degree program and what work-related avenues they expect to pursue after completion of the program.
	The applicant must be recommend by a selection committee made up of faculty from the fluid power curriculum following a review by that committee.
	The applicant must submit two letters of recommendation from science, math or technology teachers from classes the applicant had attended.

PURPOSE FOR WHICH SCHOLARSHIP MAY BE USED

Scholarship funds may be used for payment of tuition, fees, books or other costs directly attributed to enrolling in fluid power courses which lead to a diploma or degree at a post-secondary school. (Five hundred dollars ($500) will be awarded to the student at the time of enrollment in a qualified Fluid Power course.)

	The applicant must be recommended by the staff of the Key School.
	The applicant must have completed an internship with a fluid power distributor, if the scholarship grant has come from a distributor organization . Likewise if the scholarship originated with a manufacturer, that student must have completed an internship with a fluid power manufacture. These requirements can be waived by the granting organizations.
	The applicant must have attained a “B” or 3.0 on a 4.0 point scale average in his /her fluid power courses.
	Scholarships shall be presented by a fluid power industry representative and Key School staff member. Photos of the award ceremony will be forwarded by the Key School staff to the Fluid Power Educational Foundation and shared with the other industry associations.
	The scholarship shall be designated as a FPEF scholarship being awarded in the name of the contributing organization.
	Final selection and approval of the recipient shall be made by the Fluid Power Educational Foundation.