FORT MEADE, MD, (January 24, 2019) – The Government Employees’ Benefit Association (GEBA) has announced the award amounts and levels for the 2019 GEBA Scholarship Foundation, which includes GEBA Scholarships and the Member Education Award Program (MEAP). This year, the Foundation will award up to $125,000 total in Scholarships and MEAP awards.
Since its inception, the GEBA Scholarship Foundation has awarded $914,500 to help GEBA members and their families better afford higher education. Each year, the GEBA Board of Directors determines the amount of money allocated to these programs.
The Scholarship Program is for GEBA members with plans active for three years or more. Members can sponsor themselves, spouses, children, and grandchildren. Candidates must be full-time students as defined by the school, and funds can be used for tuition, fees, or college-sponsored room and board costs. Last year, 110 graduating high school seniors, college students, and graduate students competed for these scholarships, which recognize outstanding academic and community service accomplishments and vocational career goals.
For the 2019-2020 academic year, the GEBA Scholarship Foundation will award up to 40 Scholarships, each worth $2,500 (a total of $100,000). There are three scholarship categories: Academic, Community Service, and Career Training. Applicants can only apply for scholarship in one category per year and can receive up to four cumulative awards.
Member Educational Award Program
This award provides educational assistance to members working full-time to help pay for part-time studies or student loans. For the 2019-2020 academic year, the GEBA Scholarship Foundation will award up to 10 MEAP awards, each valued at $2,500. Applicants must be GEBA members as of January 15, 2019.
GEBA’s partner, International Scholarship and Tuition Services (ISTS), a firm that specializes in managing sponsored scholarship programs, administers the program and selects the winners.
GEBA (Government Employees’ Benefit Association, Inc.) was founded in 1957 by NSA employees to offer group insurance plan access to NSA employees. From the very beginning, GEBA has been a nonprofit employee benefit association committed to our members’ best interests. Over the past 60 years, the list of Federal agencies that GEBA supports has increased tremendously and now serves the entire federal government. In addition, GEBA’s product line has increased to include a growing set of insurance and investment options for members. For more information, visit www.GEBA.com
About GEBA Scholarship Foundation
The GEBA Board of Directors established the GEBA Scholarship Foundation in 2005. GEBA Scholarship Foundation have awarded scholarships to deserving and diverse students pursuing an eclectic range of academic pursuits. GEBA scholarship recipients have been National Merit Scholarship winners, Dean’s List recipients, Eagle Scouts, and dedicate community volunteers who have devoted their time and talent to volunteer organizations. In 2012, the Board introduced the Member Education Award to fund members’ part-time studies and expanded the award to include student loan forgiveness in 2014. For information, visit www.GEBA.com/scholarshipfoundation.