Hagan Scholarship Foundation

The Hagan Scholarship is a nationwide need-based merit scholarship, designed to provide each high academic achieving recipient with the opportunity to graduate college debt free. These students will graduate from a public high school located in a county in the United States having fewer than 50,000 residents.  Three hundred fifty scholarships can be awarded each year.

Six hundred twenty-two Hagan Scholars from 37 states currently attend 236 colleges and universities.

Purpose
The purpose of the Hagan Scholarship is to provide each recipient with the opportunity to obtain a four year college education and graduate debt free; and to provide a practical understanding of important life skills not typically taught as a part of the school curriculum.  These skills are taught via Workshops, Schwab Brokerage Accounts, and Study Abroad.

Recipient Responsibilities

  1. Must graduate college within four years.
  2. Must achieve a 3.00 GPA each semester, and maintain a 3.25 CGPA after the first semester.
  3. Must complete thirty on-campus GPA credit hours each academic year, excluding summer school.
  4. Must fulfill ALL Recipient Responsibilities, and attend the free workshop in July each year.

The Scholarship
The Hagan Scholarship will help pay the unmet financial need of the recipient.

  1. The scholarship  disbursement amount will be determined by HSF by using one-half of the Total Cost of Attendance (COA) publised by the National Center for Educational Statistics and posted to the HSF website less $1,250; then subtracting the dollar amount of ALL scholarships, awards, grants, waivers, and one-half of the recipient's EFC.
  2. The award amount can be increased subsequent semesters to offset the expiration of other scholarships, grants, and awards.
  3. The scholarship is renewable for up to seven additional consecutive semesters if the recipient fulfills the renewal criteria and attends the mandatory workshops.
  4. During the fall semester of the second year of college each recipient will be provided with a $15,000 Schwab Scholar Account.
  5. During the fall semester of the third year of college each recipient achieving a 3.50 CGPA will be eligible to receive a Study Abroad Award worth up to $8,000.
  6. During the fall semester of the fourth year of college each recipient will receive $1,000 to fund a personal Schwab Brokerage Account.
  7. There is no limit to the number of credit hours a recipient can earn during the term of their scholarship.  Recipients graduating college in less than four years can use the remainder of their Hagan Scholarship to attend graduate school, or professional school.
  8. Recipients must attend a free summer workshop prior to the start of each academic year of college.
  9. Recipients must work a minimum of 240 hours in the twelve months prior to the start of each academic year of college.
  10. Visit www.hsfmo.org for more information.

Scholarship Timeline
1.  Application deadline November 15, 2018.
2.  Applications reviewed for completeness, compliance with instuctions for eligibility.
3.  Finalists provide supplemental information in February 2019.
4. Finalist applications read, evaluated, ranked in March 2019.
5.  Scholarships awarded by the Grant Committee in April 2019.

Eligibility Requirements
1.  Must be a citizen of the United States.
2.  Must attend and eligible high school.
3.  Must be a student in high school.
4.  Must have acheived a 3.50 CPGA or higher.
5.  Must score a 23 or higher on the ACT (Composite score); or 1150 or higher on the SAT (Total Score).
6.  Must enroll at an eligible four year college or university the fall semester following high school graduation.
7.  Must work 240 hours in the twelve months prior to the start of each academic year of college.
8.  Must complete the FAFSA in 2018.  EFC must be less than $6,500.
9.  Must apply for eligible Federal and State grants.
10.  Must not have been convicted of a felony.


Hagan Scholarship Foundation will award over 300 new scholarships in April 2019.  Historically, about one-third of eligible applicants are awarded scholarships.  For more information, including the scholarship applications, visit www.hsfmo.org.  

The application deadline is 6:00 pm  EST, November 18, 2018.

 

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