DELTA FOUNDERS SCHOLARSHIP 2016 AWARD POLICY Mission Statement: DELTA Resources, Inc. was founded in the year 2000 with the corporate philosophy of delivering quality products to customers. Accomplishing this goal requires an educated workforce. The future success of DELTA, the community, and the overall prosperity of our economy relies heavily on the educational system and its accessibility to students. However, the rising cost of college limits its accessibility to some students. In furtherance of the goal of an educated workforce and in honor of DELTA’s 10th anniversary in 2010, DELTA created the DELTA Founders Scholarship program for children of DELTA employees. By providing the DELTA Founders Scholarship, DELTA partners with our employees to aid students in achieving their educational goals and honors DELTA’s founders: the late Robert R. ”Bob” Elseth, LCDR USNR; Maria Proestou; and Kevin Mills. Eligibility: Applicants must: 1. Be a high school senior, a college undergraduate, or a graduate student. (Home school seniors and GED students are eligible if the student will receive his/her diploma within the calendar year of the award.) 2. Plan to enroll, or be enrolled, in an accredited college or university in furtherance of a degree for the award year. Students attending tuition-free colleges are not eligible. 3. At the time of application, be the child, stepchild or legal ward of an eligible DELTA employee. The parent or guardian of the applicant must have been employed by DELTA full-time for at least 1 year by the application due date, and be continuously employed by DELTA between the date of application and the date the scholarship is awarded. A student whose parent or guardian is a member of DELTA’s Board of Directors, or an officer or shareholder of the corporation, is not eligible to apply. A DELTA Founders Scholarship recipient may apply for subsequent scholarships as long as he/she continues to meet the eligibility criteria; however, prior scholarship winners will receive no special preference during award consideration. Scholarship Award: The overall number and value of scholarships awarded may vary from year to year, depending upon the funds available and the number of applicants for any given year. The number and value of scholarships will be decided annually by the selection committee. 1 2016 Award Year Scholarship funds may be used for: tuition, academic fees, books, room, or board. Any amount that cannot be applied to the above costs, due to other scholarships or grants received, is to be returned to DELTA. Checks are mailed to each recipient’s home address on the date specified in the award notification letter and are made payable jointly to the student and the school, and must be endorsed by both. It is the recipient’s responsibility to deliver the check to the school. It is the recipient’s responsibility to notify DELTA if he/she does not receive the check within 30 days of the issue date. DELTA will not replace any lost checks after 30 days after issuance. Scholarship recipients will be given special consideration for DELTA’s summer internship program, if any, in the year following award. Scholarship recipients will be notified by the Human Resources department once intern position descriptions become available. (Availability of summer internships varies from year to year and is not guaranteed.) Relevant Dates: Date application becomes available: October 6 Application due date: March 1 Applications must be submitted in PDF form by email to the address listed on the application. Date of Decision: On or before June 1 Scholarship recipients will be notified by email on or before June 1, with a confirmation letter mailed the same date. Applicants are responsible for ensuring that the email and mailing addresses listed on the application are kept up-to-date prior to notification. Non-winners will be notified by letter after the winner is notified. Application: The completed application consists of: 1. Application checklist; 2. Application form; 3. SAT or ACT scores (high school students only); 4. Most recent school transcript: high school/home school/GED report or college/university; 5. One letter of recommendation; 6. Essay. DELTA reserves the right to add an interview requirement annually before or during the application period. 2 2016 Award Year Incomplete applications will not be evaluated. We strongly encourage parents to review the completed application with their student. All information received is considered confidential and will be reviewed only by the selection committee for purposes of consideration for a scholarship. Selection: Completed applications will be considered by a selection committee consisting of 3-5 members chosen by the surviving co-founders of DELTA. Selection committee members may include Board of Director members, employees, and retired employees. Decisions of the selection committee are final and are not subject to appeal. All applicants agree to accept the decision of the selection committee. Selection for a scholarship will be based on the completed applications. The committee will consider: academic record; demonstrated leadership; extracurricular and community activities; work experience; goals; unusual or special circumstances, if any; awards, and honors; letter of recommendation; and response to essay. Scholarships are awarded without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability (including pregnancy, childbirth or related medical conditions), veteran or marital status, or any other factor prohibited by law. In the event that less than 3 applications are received in any given year the selection committee may decide not to make an award. If the committee chooses to make an award, the committee has full authority to take any actions it deems appropriate to increase the applicant pool including, without limitation, extending the application period, extending awards to past award recipients who remain eligible, or reconsidering past applicants from prior years who did not receive an award as long as they remain eligible. Publication of Scholarship Award: Scholarship recipients and their DELTA employee parents/guardians agree that DELTA may use the student’s name, likeness, and personal information including high school, college, year in school, planned major, and scholarship amount for advertising and publicity purposes, without compensation, in DELTA publications announcing the award. Winners and their parents/guardians may also be invited to accept their awards in person at a DELTA event. TAX IMPLICATIONS: THE DELTA FOUNDERS SCHOLARSHIP DOES NOT MEET THE IRS REQUIREMENTS FOR A TAX-FREE SCHOLARSHIP. THEREFORE, THE AMOUNT AWARDED IS CONSIDERED TAXABLE INCOME TO THE PARENT EMPLOYEE AND WILL BE REPORTED TO THE EMPLOYEE AS 3 2016 Award Year INCOME ON THE DELTA W-2. THE SCHOLARSHIP RECIPIENT AND/OR THE PARENT EMPLOYEE ARE RESPONSIBLE FOR TAXES, IF ANY, THAT MAY BE ASSESSED AGAINST THE SCHOLARSHIP AWARD. Questions: Questions about the scholarship program may be addressed to the DELTA Founders Scholarship email at foundersscholarship@deltaresources.com. DELTA reserves the right to alter or discontinue the scholarship program at any time without notice. 4 2016 Award Year DELTA FOUNDERS SCHOLARSHIP APPLICATION CHECKLIST All documentation must be submitted by March 1. Incomplete applications or applications email date stamped later than March 1 will not be considered. It is the responsibility of the applicant to ensure that all supporting documentation is received by DELTA prior to the deadline. DELTA assumes no responsibility to notify applicants of the status of their applications. Applications and supporting documents become the sole property of DELTA Resources, Inc. and cannot be returned. Name of Applicant: Documents Required (check below): ☐ Completed Application Checklist ☐ Completed Application ☐ Copy of SAT or ACT scores, if not included on transcripts (high school students only) ☐ Copy of most recent transcript from high school or college. (Or if applicable, home school report, or GED documentation.) ☐ Letter of Recommendation ☐ Essay Applications and supporting documentation must be submitted as a single PDF document emailed to: foundersscholarship@deltaresources.com. 5 2016 Award Year DELTA FOUNDERS SCHOLARSHIP APPLICATION Type all information except signatures. 1. Applicant Information Last Name: Mailing Address: City: Telephone: First Name: State: Email: Zip Code: Racial or ethnic background (optional): Choose an item. Gender (optional): Choose an item. 2. Parent/Guardian Employee Information Last Name: First Name: Relationship to Applicant: Choose an item. Job Title: Date of Hire: Work Address: City: State: Work Telephone: Work Email: 3. High School Information School Name: City: 4. Zip Code: Graduation Date: State: College Information Names of colleges or universities you have previously attended: Name of school: City: Dates: State: Name of school: City: Dates: State: Name of college or university you plan to attend during next school year: City: State: Have you applied? Yes/No Have you been accepted? Yes/No Anticipated Major: Next Year in school: 1-5+ Expected Graduation date: Degree sought: Bachelor’s/Master’s 6 2016 Award Year 5. School Activities, Awards and Honors List all school activities in which you have participated during the past 3 years (i.e. student government, music, sports, etc.). Note all special awards, honors, and offices held. Click here to enter text. 6. Community Activities, Awards and Honors List all community activities in which you have participated during the past 3 years (i.e. boy/girl scouts, church/civic groups, volunteer opportunities, etc.). Note all special awards, honors, and offices held. Click here to enter text. 7. Work Experience Describe your work experience during the past 3 years. For regular employment please list employer’s name, position held, number of hours worked per week, and dates of employment. For intermittent jobs, such as babysitting, lawn mowing, etc., please list frequency and general dates. Click here to enter text. 8. Unusual Circumstances (if applicable) Please explain if any unusual family or personal circumstances have negatively affected your achievement in school, or your participation in work, school, or community activities. Click here to enter text. 9. Goals and Aspiration Make a brief statement or summary of your plans as they relate to your educational and career objectives and long-term goals. Click here to enter text. 10. Essay Attach an essay of no more than 250 words describing an opportunity that you have been given and how it relates to your goals. Essays should be typed, in 12 point font, and be double spaced. 11. Transcripts and SAT/ACT Scores Attach most recent transcript from high school, home school/GED, or college as appropriate. High school students attach scores from SAT or ACT, unless included on transcript. 7 2016 Award Year 12. Letter of Recommendation Please provide a letter of recommendation in the attached format from an adult who knows you well. CERTIFICATION I hereby certify that the information provided in this Application is complete and accurate to the best of my knowledge. I understand that if any information provided is found to be false, I may be eliminated from consideration for a scholarship, or any scholarship award may be terminated and I may be required to repay my scholarship award. I authorize DELTA Resources, Inc. to share information about any scholarship awarded to me by DELTA with any other scholarship providers for the purposes of determining and coordinating other scholarship support. I authorize DELTA Resources, Inc. to contact any school identified in this application to obtain and verify any information that DELTA deems necessary in order to determine my eligibility for scholarship assistance or the amount of such assistance, and I authorize each school to provide or verify such information. I authorize DELTA Resources, Inc. to release information about me if I am the recipient of a scholarship. The information released may include my name, a photo, high school, college/university, intended major, year in school, and award amount. I acknowledge that I have read the DELTA Founders Scholarship 2016 Award Policy. I understand that any scholarship award will be considered taxable income and taxes will be withheld from the parent employee’s paycheck as a result of any award. I understand that DELTA Resources, Inc. has the sole responsibility for selecting recipients based on criteria as set forth in the 2016 Award Policy. I acknowledge that all decisions of the selection committee are final. Applicant’s Signature: __________________________________ Date_______________ Employee’s Signature: _________________________________Date________________ 8 2016 Award Year DELTA FOUNDERS SCHOLARSHIP Letter of Recommendation Name of Applicant: Name of Writer: How long have you known applicant: In what capacity have you known applicant: Please tell us something about the applicant that you think we should know, based on your personal interactions, which would not be immediately apparent from review of a transcript and/or application. Signature: _________________________________________________________ Return completed form to applicant. Application due date: March 1, 2016. 9 2016 Award Year