TOBACCO REGION SCHOLARSHIP/LOAN FORGIVENESS PROGRAMS

IF YOU DID NOT RECEIVE A 2017-2018 SCHOLARSHIP AWARD:

TOBACCO REGION LOAN FORGIVENESS PROGRAM

SOUTHWEST AND SOUTHERN REGIONS:

Eligibility:

  • A legal resident of the United States, having resided in the Southwest or Southern Regions (see map on home page) for not less than 12 months with no ties to any other state
  • Currently enrolled for a minimum of 9 semester hours (or 13.5 quarter hours) in a bachelor’s program at a baccalaureate accredited institution of higher education, public or private, in-state or out-of-state

    • Two-year programs at a 4-year college or university are acceptable if not offered by the Virginia community college that serves the applicant. (Documentation of this must be submitted). If you choose to receive funding towards an associate’s degree, this program will help with funding for only one degree per student per lifetime.
  • Applicant must be in good standing with the college or university.
  • Award limited to 2 semesters per academic year (Fall $1000 and Spring $1000) at $1000 per semester for a maximum of $2000
  • Award limited to one degree per student per lifetime (maximum of 4 years)
  • Freshmen must submit acceptance letter from baccalaureate institution

SUPPORT DOCUMENTS:

  • ALL applicants must submit an official transcript providing Fall 2017 cumulative GPA, based on a 4.0 scale, by due date posted. DO NOT SUBMIT DOCUMENTS BEFORE YOU HAVE SUBMITTED AN ONLINE APPLICATION.
  • Graduating high school seniors only must submit:
    • A copy of acceptance letter to 4-year college (2018 GRADUATING HIGH SCHOOL SENIORS ONLY) AND
    • An official transcript from high school (2018 GRADUATING HIGH SCHOOL SENIORS) which provides cumulative GPA for the first semester of 2017-2018, based on a 4.0 scale. High school transcripts received with GPA not based on a 4.0 scale will not be accepted. A corrected transcript must be received on or before the document deadline.
  • Southwest Region applicants from the counties of Bland, Buchanan, Carroll, Dickenson, Floyd, Grayson, Lee, Russell, Scott, Smyth, Tazewell, Washington, Wise, Wythe and the cities of Bristol, Galax and Norton who are the direct descendants of burley tobacco quota holders/growers during 1998-2004, can submit documentation (MQ24, 156EZ, or other tobacco documents, and Notarized Statement), and if funds are remaining after returning recipients are awarded, will be processed by the following final rules below under "Award Guidelines".

AWARD GUIDELINES:

  • First priority is given to returning recipients who received an award in 2017-2018, submitted a new application and support documents by the deadline, and continue to meet program criteria, by GPA.
  • If funds remain available, next priority will be given in the following award order as a forgivable loan. Below is the official award order for new 2018-2019 awards.

    SOUTHWEST REGION: Permanent residents of Bland, Buchanan, Carroll, Dickenson, Floyd, Grayson, Lee, Russell, Scott, Smyth, Tazewell, Washington, Wise, Wythe counties, and cities of Bristol, Galax, and Norton:

    • Juniors and Seniors with STEM-H majors by GPA who are descendants of tobacco quota holders/growers during 1998-2004 (with documentation), and then other Juniors and Seniors with STEM-H majors by GPA,
    • Juniors and Seniors by GPA who are descendants of tobacco quota holders/growers during 1998-2004 (documentation) by GPA, and then to other Juniors and Seniors by GPA,
    • Sophomores by GPA, with priority given to descendants of tobacco quota holders/growers during 1998-2004 (documentation), and then to other Sophomores by GPA,
    • Freshmen by GPA (4.0 to 2.0 order), with priority given to descendants of tobacco quota holders/growers during 1998-2004 (documentation), and then to other freshmen by GPA.

    SOUTHERN REGION: Permanent residents of Amelia, Appomattox, Bedford, Brunswick, Buckingham, Campbell, Charlotte, Cumberland, Dinwiddie, Franklin, Greensville, Halifax, Henry, Lunenburg, Mecklenburg, Nottoway, Patrick, Pittsylvania, Prince Edward, Sussex counties, and the cities of Bedford, Danville, Emporia, and Martinsville:

    Returning 2017-2018 award recipients will be awarded first (by GPA). If funds remain, official award priorities will then be:

    • Juniors and Seniors with STEM-H majors by GPA,
    • Other juniors and seniors by GPA
    • Sophomores by GPA
    • Freshmen by GPA (4.0 to 2.0 order)
  • NOTE: AWARDS ARE BASED ON THE AVAILABILITY OF FUNDING AND CRITERIA ESTABLISHED YEARLY BY THE VIRGINIA TOBACCO COMMISSION.

AWARD AMOUNT:

  • 2018-2019 award is $1000 for Fall 2018 and $1000 for Spring 2019, for a maximum of $2000 per academic year, as a forgivable loan. Students will be required to sign a Master Promissory Note to receive funding and also an Addendum for payments to be made to the institution of higher education attended. If student is under 21, a co-maker’s signature will be required on the Master Promissory Note and Addendum.
  • Funds awarded and paid are a forgivable loan. Funds can be used for tuition, room and board, or books, however, colleges must invoice this program.
  • Student must be enrolled in a minimum of 9 credit hours per semester (or 13.5 per quarter) at a 4-year college/university.
  • Award limited to help with one degree (maximum of 4 years). Previous award years will count toward the 4-year maximum.
  • All payments are made to recipient’s college/university.
  • Applicants are subject to new award rules by the Virginia Tobacco Commission each year.

MASTER PROMISSORY NOTE:

  • Applicants who are determined as eligible will be notified by email and will also be receiving the Master Promissory Note for completion by email. The Master Promissory Note should be read carefully and then electronically signed promptly and submitted. A completed and signed Master Promissory Note must be received in this office before an award is actually made. We can only then inform college/university of an award. NOTE: Students under 21 years of age will require a co-maker (co-signer) who will have a to complete and sign the Co-Maker's section of the Master Promissory Note send forward.
  • Forgiveness for loans can be earned as specified by the terms in the Master Promissory Note under #5 Forgiveness. Terms for repayment can be found under #1 Repayment.
  • IMPORTANT!! PLEASE READ THE ENTIRE MASTER PROMISSORY NOTE BEFORE APPLYING FOR THIS LOAN AND BEFORE ACCEPTING IF AWARDED. CLICK ON THE LINK BELOW TO VIEW A COPY OF THE MASTER PROMISSORY NOTE AND ADDENDUM TO INSURE YOU ARE FULLY INFORMED OF THE TERMS.   Master Promissory Note and Addendum