FAQs for the Honeywell Retiree Clubs Scholarship Program
Why was the Honeywell Retiree Clubs Scholarship Program created?
The purpose of the Honeywell Retiree Clubs 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.
Who provides the funding for these scholarships?
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 source of the funds for these scholarships is shared between the participating Retiree Clubs of Arizona and Honeywell International as follows:
• Honeywell Retiree Social Club of Arizona: $1,500
• Garrett Retirees’ Club: $1,500
• Honeywell International: $3,000
• Individual contributions made through the 501(c)(3) charitable contributions option
What are the award levels for the scholarships?
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.
For the 2018-2019 academic year, we are targeting $1,000 scholarships.
How many scholarships are given each year?
The number of scholarships awarded each year is dependent on how many students apply and the level of funding.
For the last few years we have had 4-6 applicants and each received $1,000. We were fortunate in 2016-2017 to award $1,800 to each recipient. In 2017 we had 12 recipients awarded $1,100 each.
Who is eligible for the Honeywell Retiree Clubs Scholarship?
Who qualifies as a legal descendant of a Honeywell Retiree Club?
The Scholarship Foundation defines a legal descendant as the child or grandchild of a Retiree Club member. This can include a biological child (or biological grandchild), a legally adopted child (or legally adopted grandchild) or stepchild (or step grandchild).
At this point in time, spouses of a retiree’s child or grandchild are not eligible for a scholarship.
Is there a grade point average required for those applying?
Yes. The student 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.
Can a high school senior apply for a scholarship for their Freshman year?
No. The student must be:
• entering the second semester freshman year
(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 be considered for the award.)• a sophomore,
• a junior,
• a senior, or
• in a graduate course of study.
Are scholarships available for any school?
No. Current qualifying Universities include Arizona’s three major universities:
University of Arizona (UA),
Arizona State University (ASU) and
Northern Arizona University (NAU)
Will other schools be added to the list of eligible schools?
As funding expands, other Arizona State colleges and universities may be added.
How does someone apply?
If a student is selected to receive a scholarship how will they receive the award?
The Scholarship Board will work with the student to determine the best way to distribute funds for the student’s use.
Generally, we distribute to the school’s financial aid office who then distributes the funds to the student.
Can the recipient use the awarded money for anything?
No. The funds are for tuition, books, labs, or other school related expenses.
When can students apply?
The Scholarship Program opens for applicants on December 1, 2017 for the 2018-2019 academic year.
The application will be posted at each of the three universities (ASU, UA, and NAU) and on the Honeywell Retiree Social Club of Arizona (HRSC) website and the Garrett Retiree Club (GRC) website.
What is the last day a student can apply?
The application process closes on April 1, 2017 for the 2017-2018 academic year.
When are decisions made?
The Scholarship Board meets in April and May to review and select the recipients for the awards. Final awards and distribution are made in the May / June timeframe.
Who are some of the past winners of these scholarships?
Click on this link to see a list of past recipients. (Scholarship Recipient List)
Who can I contact if I have questions?
The following chart shows the Scholarship Foundation Board Members:
I would like to donate to the Scholarship Foundation – How do I do that?
Donations can be made to: Honeywell Retiree Scholarship
Mail to: Scholarship Foundation Secretary / Treasurer
5640 E Everett Drive
Scottsdale, AZ 85254
Is a donation to the Scholarship Foundation tax deductible? Will I get a receipt?
Yes, your donation is tax deductible.
The Honeywell Retiree Clubs Scholarship Foundation is recognized as a nonprofit organization with the IRS under IRS Code: Section 501(c)(3).
The Scholarship Foundation will provide you with a receipt you can use with your taxes.