This federal aid program is managed by:
BARRY M. GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION FOUNDATION
Objectives:
To honor former Senator Barry Goldwater through the operation of an education scholarship program, financed by a permanent trust fund endowment, designed to encourage outstanding students to pursue careers in mathematics, the natural sciences, and engineering.
Funding obligations:
(Grants) FY 07 $300,000,000; FY 08 est not available; and FY 09 est not reported.
Uses and Use Restrictions:
Assistance is intended solely for the use of scholars.
Examples of Funded Projects:
Not applicable.
Program Accomplishments:
The Foundation, in its fifteen year history, has selected a total of 3,962 Goldwater Scholars. The vast majority are currently pursuing the Ph.D., while most of the members of the last two classes are still at the undergraduate level. As a matter of interest, 50 Goldwater Scholars have been selected as Rhodes Scholars and 57 have received The Marshall Award. Numerous Goldwater Scholars have received other highly prestigious postgraduate fellowships including the Churchill, Truman Fulbright, Hughes, Hertz, National Science Foundation and many others.
Types of Assistance:
Direct Payments for Specified Use.
Range and Average of Financial Assistance:
$0 to $7,500; $6,650.
Length and Time Phasing of Assistance:
To be eligible to receive payments, a Goldwater Scholar must submit in writing: (1) An acceptance of the scholarship award, (2) an EFT form for payment by direct deposit and (3) at the beginning of each academic year one payment request form outlining the costs of tuition, fees, books, room and board, additional expenses and any other scholarships the student is receiving for that academic year. This form must be certified by a financial aid official and an academic official certifying that the student is in good academic standing. Two payments via treasury EFT will be made to the scholar's account during the academic year in an amount equal to half of the amount for which the scholar qualifies on the payment request, not to exceed $7,500 per academic year.
Applicant Eligibility:
Undergraduate sophomore and junior level students, at two and four year colleges and universities accredited by the Department of Education, may be nominated by the institution's Goldwater Faculty Representative.
Beneficiary Eligibility:
U.S. citizens or nationals, resident aliens (must provide additional documentation), college sophomores and juniors will benefit.
Award Procedure:
Each nominee will be evaluated by an independent review panel of academicians and college administrators from colleges and universities throughout the United States. In awarding scholarships, the Foundation Board of Trustees will consider the nominee's field of study and career objectives and the extent to which that individual has the commitment and potential to make a significant contribution to his or her chosen field of study. It is expected that students selected as scholars will pursue advanced degrees. Final selection of candidates is recommended by the independent review panel. The Board of Trustees will name up to 300 Goldwater Scholars.
Contact Info for Headquarters Office:
Gerald J. Smith, President, 6225 Brandon Avenue, Suite 315, Springfield, VA 22150-2519. Telephone: (703) 756-6012. Fax (703) 756-6015. E-Mail: goldh2o@erols.com .
Website Address:
http://www.act.org/goldwater .
