2020 Distribution of Corpus (Sept. 30, 2020)
The Association distributed over $100,000 in grants (not loans) to over 40 student members in amounts of $2,500 in September 2020 with the primary focus of relieving student tuition debt and assisting students to remain in school. Read the press release. The decision was made that with the global pandemic and many students struggling to find summer work or internships there was no better time to spend a large portion of this fund. All undergraduate student members were welcomed to apply for this additional funding, including Spring 2020 and past scholarship awardees.
The Tau Beta Pi Student Assistance Fund
was endowed in 1992 through the interest and generosity of C.C. Young, IL Alpha
'24. Its purpose is to make funds available to student members of his and other
chapters who would otherwise be without sufficient financial resources to remain in
college. Repayment is not required and no interest is charged.
The Student Assistance Program has been operated by Headquarters staff since its inception and tenets include:
- Financial aid in any amount from $100-$1,000 may be provided. Request for grants greater than $1,000 shall be forwarded to the EC for approval or disapproval.
- There is no requirement to repay the aid received, nor is any interest charged. These are grants, not loans.
- Students are to be asked to help others in need when and if they become financially secure.
- An application for student assistance funds must be made in letter addressed to the Executive Director containing the applicant's name, chapter, reason for the grant request, and amount requested. This application should include the endorsement of the student's chapter president and chief advisor but is not required.