Honeywell Retiree Clubs
Program Operating Procedures
The purpose of the Scholarship Program is to identify eligible
undergraduate and graduate college students who are descendants of a
participating Honeywell Retiree Club of Arizona member and award them
money to help reduce their costs for a college education.
The Scholarship Program is a joint program by Honeywell International
(HON) and participating Honeywell Retiree Clubs of Arizona and their
members to encourage learning and education by providing financial
assistance to college students who are descendants of active or
deceased Club members.
The Honeywell Retiree Social Club of Arizona (HRSC) serves as the Club
that oversees the activities of the Scholarship Program.
Operating procedures and finances are managed by the Honeywell Retiree
Clubs Scholarship Foundation (i.e., the Scholarship Foundation).
Interested volunteers from each of the participating Retiree Clubs of
Arizona can join the Scholarship Foundation Board meetings but will not
be a voting Board member.
The source of the funds for these scholarships is shared between the
participating Retiree Clubs of Arizona and Honeywell International as
Retiree Social Club of Arizona: $1,500
Retirees’ Club: $1,500
Honeywell Retiree Clubs of Arizona (to be determined) will
fund at the same rate as current participating Retiree Clubs
contributions made through the 501(c)(3) charitable contributions
Modifications to the rate of annual contribution may be changed with
agreement from all participating Clubs.
Funding should be completed by the end of January.
Generally, awards will be made in the range of $500 to $3,000 per
recipient. The Scholarship Foundation Board may modify the award
amounts based on funds that are available.
To ensure flexibility in the program, at the discretion of the
Scholarship Foundation Board, funds may be:
increase individual awards, or
increase the number of available awards, or
award in mid-year, if an applicant presents for consideration, or
use in the following year.
The Scholarship Foundation Chair will report to the funding entities on
the status of funds, twice each year.
School Eligibility Requirements
accredited by the Higher Learning Commission (formerly the North
Central Association of Colleges and Schools)
qualifying Universities include Arizona’s three major
universities: University of Arizona (UA), Arizona State
(ASU) and Northern Arizona University (NAU).
As funding expands, other Arizona State colleges and universities may
Student Eligibility Requirements
must be a legal descendant of an
active or deceased member of a participating Honeywell Retiree Club of
Arizona. (A deceased Retiree Club member is defined as a member who passed
while holding active membership in one of the participating clubs.)
should have attained a 3.0 or better
Grade Point Average (GPA).
While it is the intent of the Scholarship Foundation to ensure awards
are provided to students who are serious about studying and graduating,
the Scholarship Foundation Board has the flexibility to consider other
factors when reviewing grade point average for awards.
must be entering the second semester
freshman year, a sophomore, a junior, a senior, or in a graduate course
NOTE: Enrolled freshmen may apply during the second freshman semester
for their sophomore year, providing they attain a 3.0 GPA or greater in
their first semester. Second semester GPA will also be considered for
be enrolled in any field of study,
although preference may be given to a student who is enrolled in a
technical field, in the event two or more applicants qualify for the
same scholarship award.
must re-apply annually.
Selections are made by the Honeywell Retiree Clubs Scholarship
Administration of the
Scholarship Award Cycle – Key Milestones
Application Process Opens
Honeywell Retiree Clubs Scholarship application
will be posted on the participating Honeywell Retiree Clubs of
Arizona’s websites with directions as to who to contact in the
Scholarship Foundation Board regarding interest. Information will
also be published in the Retiree Club newsletters to ensure members are
aware of the application process.
encouraged to complete applications
for scholarship awards for the following academic year.
the application and associated
documents to the Scholarship Foundation Board or through their school
Application Process closes
Scholarship Foundation Board reviews all
applicants and verifies eligibility. The Chair requests each
Retiree Club’s membership director to verify the eligibility claimed in
Foundation Board reviews and
selects the award recipients.
Reports on award status to participating Retiree Clubs
May / June:
awards made and funds distributed
award letter is prepared for each
recipient. The Secretary/Treasurer will disburse funds.
Chair Reports to participating Retiree Clubs on awards made
participating Honeywell Retiree Clubs of
Arizona will publish an announcement of the winners in their respective
Changes to the Operating
Any changes to the Operating Procedures must be approved by a majority
of the Scholarship Foundation Board.
EXHIBIT A: Honeywell
(PDF to print, fill in and
submit by mail, or scan and submit by email.)
(DOC to download, fill in
electronically, and submit by email.)
This application is used by candidates requesting consideration for
award under the program. The application may be modified annually
to support the current program year’s goals.
EXHIBIT B: Scholarship
Program Annual Cycle
(PDF to print or download)
This chart shows the activities by month during the program year.