Esposito Scholarship

The Margaret Esposito Scholarship was established in August 1992, to assist McLean County residents who are nontraditional students attending one of the colleges, universities or technical/vocational schools located within the McLean County area. The scholarship can be used for educational expenses including books, fees, transportation, dependent care, tuition and room and board.

Recipients are selected by the Margaret Esposito Scholarship Executive Board of Trustees. Scholarship funds will be disbursed to the recipient through the Financial Aid Office of the college, university or technical/vocational school of attendance.

Selection Criteria

1. The applicant must have been a resident of McLean County for at least one year prior to applying for the scholarship.
   
2. The applicant must be:

   a) The custodial parent providing half or more of the financial support of at least one child, or

   b) 24 years of age or older at the time the application is completed.

3. The applicant must demonstrate financial need as determined by their institution's Financial Aid Office. Applicants must file the "Free Application for Federal Student Aid" (FAFSA), available in January for the following academic year. You can file online at www.fafsa.ed.gov or request a paper application by calling 1-800-4-FED-AID. By completing this scholarship application, applicants agree to allow the Margaret Esposito Executive Board access to their Financial Aid information to determine eligibility.
   
4. The applicant must show commitment to a plan for completion of either an academic or technical program at one of the colleges, universities, or technical/vocational schools located within the McLean County area. Each applicant must meet the following criteria by submitting official college transcript(s) indicating:

   a) successful completion of at least 12 credit hours of academic or technical work leading to degree requirements with a cumulative grade point average (GPA) of 2.0 or above, and

   b) current enrollment of at least 6 credit hours required for that degree or program.

5. The completed application and supporting documentation must be submitted by June 15 for the fall semester, October 15 for the spring semester or March 15 for the summer semester.
   
6. An interview with the selection committee may be required.

The application form is available by clicking the "Forms and Downloads" tab on the left.