2023 NEREA SCHOLARSHIP INFORMATION
NEREA Scholarship Rules
With the cost of higher education escalating, would a little financial assistance from the Navy Exchange Retired Employees Association Scholarship Fund (NEREA) help a young man or woman in your family attend a Community College, College or University? The NEREA Scholarship Fund will offer one-time scholarships for the academic year of 2023-24, in the amount of $1,000 for a Community College or $2,000 for a four-year College or University. Scholarships are primarily funded from the parent Association NEREA and individual NEREA members. All donations are tax deductible as the NEREA Scholarship Fund is exempt from Federal Income Tax as described in section 501(c)(3) of the IRS Code. The number of scholarships made available will vary from year to year based on the financial resources of the Scholarship Fund.
QUALIFICATIONS:
All applicants:
• Must have a minimum 3.0 GPA
• Must be in their last year of high school and less than 21 years of age,
• Must be planning to attend an accredited two or four year college or university in the United States commencing in year 2022-23
• Must be a permanent US citizen. Scholarships are only offered to those students who:
• Are the above defined children of a NEREA member with dues paid to National NEREA through the current year. A non-refundable application fee of $25.00 is required of applicants sponsored by eligible Navy Exchange System Associates. NEREA members, with dues paid to National NEREA ,are not required to pay this application fee.
• Are natural, adopted, legal ward, children, grandchildren or great grandchildren of any active duty Navy Exchange System (NES) associate with a minimum of 5 years of NES employment.
Those applicants already graduated from high school in any previous year or applicants scheduled to attend a Military Academy are not eligible for scholarship consideration.
APPLICATION:
The NEREA application must be completed in entirety and additional sheets may be used, if necessary, and must include:
•The respective high school academic transcript must contain the raised seal of the high school and signed by the principal or designee. Black stamp seals are not acceptable.• A 2”x3” photo taken within the past six months. A class picture taken in senior year is preferred. This photo will be used for NEREA records and will be used in the NEREA Newsletter, web site, and in other publications.
• The acceptance letter from the College or University they will be attending. The acceptance letter must be on college or university letterhead, signed by an authorized official and dated. Acceptance letters in email form are not acceptable.
• Student ID# from the College or University they will be attending. If student ID# does not appear on the acceptance letter it may be written in.
The NEREA Scholarship Fund will not be responsible for any missing or incomplete application information. Applications should not be sent to NEREA until all the required information is included with your application. If the required information is not provided, the application will be rejected. Upon receipt of the application, eligibility requirements will be verified and those applicants deemed ineligible will be notified in writing. Scholarship award payments will be made directly to the College or University the recipient will be attending.
The NEREA Scholarship Committee will complete their selection process and the results will be announced June 2023. Scholarships will be awarded without regard to financial status, race, color, sex, religion or national origin. The NEREA Selection Committee award decisions will be final.
Failure to comply with the above requirements will result in rejection of your application.
I certify that my application contains all of the documents listed under the APPLICATION HEADING. Applicant’s signature is required below and must be included with the application.
MAILING INFORMATION AND CONTACT POINTS:
Completed applications must be forwarded and post marked no later than May 1, 2023 to:
NEREA
P.O. Box 62189
Virginia Beach, VA 23466-2189
For additional information or to request an application, please contact NEREA Scholarship Fund at the above mailing address. Applications are available on the NEREA web site: www.nerea.org under NEWS. If additional information is required you may contact any NEREA Officer or Director.
