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The
purpose of the TBAYS Scholarship fund is to provide financial aid to
TBAYS players to help cover the cost of registration fees.
The funds will be
managed in the following manner:
·
The Scholarship funds are
to be kept in a special purpose fund of TBAYS.
·
No funds will be
distributed directly to the player, but will be transferred to the
proper account to offset the player’s fees.
The player must
meet the following criteria in order to be awarded financial aid:
·
The
Scholarship Fund
application must be completed and submitted along with a copy of the
1st page of your most recent tax return.
·
The determination for need
will be obtained by taking the Federal Poverty Level, by family size,
and using a multiplier of up to 200% to determine the amount of
assistance.
Awards:
All
scholarship awards will be selected by the TBAYS financial committee.
All applications will be reviewed within 30 days of being submitted.
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