Did you know that the Peoria Public Schools Foundation administers 25 scholarships for graduating PPS seniors each year? The more funds we have available, the more recipients we can provide awards to for each of these scholarships. Last year we were able to provide scholarship awards to 36 PPS seniors to help continue their education after high school. We know our students are capable of great things, and we want to help them achieve their goals!
We are asking for your support of our scholarship program by donating funds to a specific scholarship or to our general scholarship program to be used where it is needed most. Students can begin to apply for each of these scholarships on November 1st . We have seen first hand how much these awards mean to the students who receive them. Help us grow this program so that we can provide funds to as many students as possible. Thank you in advance for your generosity!
Students: click on the button below to access the applications page.
Creating a Scholarship Fund FAQs
Our scholarship application process opens on November 1st each year. Starting mid-October we’ll contact the counselors at each high school to let them know which scholarships are available from the PPSF and ask them to encourage students who fit the criteria to apply. These scholarships are then included on their school scholarship website.
Throughout the scholarship season we periodically ask the PPS high school principals to include the PPS Foundation scholarships information on the weekly Sunday phone call/e-mail, that goes directly to both students and parents.
As long as PPSF has a detailed scholarship agreement, PPSF can set up the scholarship application how the organization would like, chose the members of the evaluation committee, then just report out to the organization when PPSF selects a recipient.
If the organization would like to be more involved, PPSF can have the organization be part of the scholarship committee to help evaluate the applications. PPSF would need to make sure there are no conflict of interest of any group members if they would like to be on the evaluation committee (they might know an applicant or their family, etc). Typically, PPSF does ask that the organization setting up the scholarship raises the funds for the award. PPSF can help by creating an online donation link and sharing the fundraising effort on our website, social media, newsletter, etc. However, we do need the amount that the recipient is awarded raised by May 1st of the year that the organization is offering the scholarship.
If an organization fundraises an amount over $10,000, we can also help invest those funds at the Community Foundation of Central Illinois.
Yes! PPSF does not need the check right away as long as we have an understanding that your group will be fundraising, and we will have the award funds available by May 1st of the year that the recipient is selected.
Besides that, here is the criteria that is needed to start a scholarship agreement:
– Official Scholarship Name
-Background of the Scholarship
– Award amount – we can always adjust the amount after the fundraising is completed
– Criteria/Eligibility to apply – certain GPA, involved in a certain sport, club, etc.
For most of our scholarships, students submit an online application with essay questions. Their submissions are evaluated by committee members chosen by the PPSF, but PPSF can be flexible with the format.
Examples of what to consider includes GPA, financial need, volunteer activities, and work experience.
PPSF recommends including 1-3 essay questions.
PPSF keeps very detailed accounting records that include the donor’s name, address, date and type of donation. PPSF ensures that these funds will be restricted for the scholarship that you are raising money for. PPSF will also send out donation receipts to all donors and let the organization know their address if the organization would like to send an additional thank you card.
If you’d like to endow a scholarship, PPSF would have you work with the Community Foundation of Central Illinois (CFCI) to invest those funds. The PPSF can still administer the scholarship, but the funds would be held at CFCI. For a $1,000 scholarship award, they need at least $20,000 invested and they typically do not recommended giving out an award for at least one year upon scholarship creation to allow the funds to grow.
Holding your funds at the PPS Foundation will provide you with flexibility. We can give out a one-time scholarship award or an annual scholarship award as long as scholarship funds are provided.
There is no specific criteria. PPSF updates the list every year. An organization can list a scholarship for multiple years.