|
"Triangle scholarships and loans help some members of the fraternity
complete their education."
Scholarships and Loans
Recognizing the expense in attending a major university, the Triangle Education
Foundation has established a scholarship and loan program for members of the fraternity. These
programs are made possible through the generous donations of Triangle alumni.
The Scholarship Program
Each year, the Foundation awards over $10,000 in several different scholarship and
fellowship grants. The awards are paid out of the income generated by endowed funds.
A minimum GPA of 3.0/4.0 is necessary for consideration.
The Rust Scholarship
Awards $3,500 annually based on a combination of need, grades and participation in
campus and Triangle Activities. All other things being equal, preference is given to
applicants in the core engineering disciplines or "hard" sciences.
The Mortin Scholarship
Awards $2,500 annually based on a combination of need, grades and participation in campus
and Triangle Activities.
The Edward and Isabell Larson Memorial Fellowship for Graduate Study
One award of $1,500 annually, to a Triangle pursuing a master's or doctoral program in engineering.
Elias Sabbagh Memorial Scholarship (available only to members of the Purdue chapter)
Provides one $1,500 scholarship to an undergraduate member of the Purdue Chapter.
The Loan Program
The Triangle Education Foundation, through the generosity of Alumni brothers and others,
is able to make a limited number of loans each year to deserving Active members of Triangle
Fraternity to help them complete their education. Currently, $12,000 is available per year;
the year begins on July 1.
Procedure, size and repayment of loans
Applicants submit the application forms, a current
transcript, and two letters of recommendation. An applicant may borrow up to $3000. No interest is charged, but the borrower is
invited to make a contribution of any amount he may choose with or following his last
payment to help perpetuate and enlarge the Foundation loan program. Payments commence after graduation or leaving school.
Eligibility
Loan applicants shall: a.) be Active members of Triangle Fraternity who are enrolled in a
course of study leading to a degree; b.) shall have completed at least two full academic
years of school; c.) shall be within two academic years of graduation, and; d.) shall have
maintained, as of time of application, the minimum scholastic average required for
graduation in their chosen majors.
Borrower responsibility
Foundation funds available to Triangle members are the result of the donations of many
groups and individuals, and represent their willingness to help fellow Triangles. Prompt repayment of loans will enable the Foundation to continue and expand assistance of
this kind.
There are more details on these programs available on
Triangle's National web site.
|