The College Counts Scholarship was established to help Alabama students who have a financial need and a sincere desire to make a difference in the future. If you’re considering attending an Alabama college or university, don’t let finances stand in your way. You might be eligible for the College Counts Scholarship!
ELIGIBILITY FOR THE COLLEGE COUNT SCHOLARSHIP
To be considered for this scholarship, candidates must meet all of the following requirements:
- Beginning in the fall of 2022, be a high school senior or a first-time college freshman.
- Be a resident of Alabama.
- In the fall of 2022, you intend to enroll in an Alabama-approved educational institution.
- A minimal level GPA of 2.75 is required.
- Have a score of 26 or less on the ACT?
(Candidates attending a two-year school are exempt from submitting ACT scores.)
INFORMATION ON THE AWARD
Award amounts range from $4,000 to $2,000 for four-year college students and $2,000 for two-year College students.
The award is one-time, non-renewable, and given in the first academic year on a semester basis
FAQs
1. How can I tell if my application is finished?
You will create your own profile during the application process, which will allow you to track the application status from start to finish.
2. How will I be notified about my application?
By the end of April, award recipients and applicants who were not selected for an award will receive email notifications. Following notification, an Affirmation link will appear on the home page for award recipients.
You can apply also for THE AMAZE YOURSELF SCHOLARSHIP PROGRAM
Email notifications will be sent.
To ensure that these important emails do not end up in your junk mail folder, add [email protected] to your email account book or “safe senders list.”
3. Where do the scholarship funds come from?
Alabama’s College Counts 529 Scholarship Program has two primary funding sources.
Fees for Administration
The “College Counts 529 Fund” is the marketing name for the ACES Trust Fund, which is the legal name in Alabama. The ACES Trust Fund is a part of the ACES Program, which was created as a college savings option that allows donators to open a savings accounts and pay for a beneficiary’s qualified education fees at an eligible higher education institution. Individuals can buy these savings accounts directly from banks or through financial advisors. Each year, the ACES Trust Fund receives 0.10 percent of the assets held in the counselor program as an administrative fee.
Surplus Funds of the AHELC
The Alabama Higher Education Loan Corporation (AHELC) was created to help Alabamians get student loans.
AHELC was revived after a long period of abstinence, only to have its business model scrapped by the US Congress.
As a result, the AHELC Executive board decided to shut down operations, disband the nonprofit corporation, and donate the remaining funds to Alabama’s CollegeCounts Scholarship Program.
This decision was taken in accordance with AHELC’s founding mission of providing financial assistance to students in higher education.
APPLY HERE https://treasury.alabama.gov/collegecounts-scholarship/
