(Note: AF is a shorthand name for USTC Alumni Foundation (USTCAF); GB stands for the governing board of USTCAF. The usage of AF or GB is exclusive in this article; no other interpretation is acceptable.)
0. This resolution replaces GBR-1999-9-1 and GBR-2000-3-1.
1. Background Information:
AF Goodwill Scholarship was set up in 1999. Each year, the Scholarship awards about 75 students of three tiers, $100, $200 and $300. The general Goodwill subfund spent about $15K a year. Other than first two years, the spending was way above the total of donations to the subfund each year. In 2002 and 2003, donations to the general Goodwill subfund were below $2K. Without a revision and an effective fund raising, the scholarship can last only one more year.
2. Revision Principle:
(1) $100 and $200 Goodwill Scholarship awards are too low.
3. The Goal:
To provide financial assistance to USTC students who need financial help in order to complete her/his degree at USTC. Students are selected based on the following criteria:
(1) Financial need. (2) Academic standing.
In particular, higher priority will be given to female students from rural area.
4. The Procedure:
(1) New Students.
The fellowships are awarded annually to approximately 20 new students with the amount of $300 each. The students are initially selected by USTC and approved by GB, based on their financial need, academic standing and availability of other financial aids. The first year AF Goodwill award recipients are not guaranteed to receive it again.
(2) Later Year Students.
a) The new students who received AF Goodwill are supposed to send GB at least an application letter stating his/her financial situation, academic standing, determination on academic achievement, and willingness to sponsor students too in future, etc. Other
b) All current and past Goodwill Scholarship students may submit such information at any time. Other USTC students may submit such an application too.
c) The application will be displayed on AF webpage for alumni and other potential sponsors to view (however, the access of this type of webpages from USTC is blocked.)
d) In general, if one selects a student, he or she would be called an AF Goodwill Sponsor. A sponsor is supposed to make donations of $300 a year for three years, or one time donation of $900. The student would receive $300 through AF, after the award is approved by GB and USTC.
e) A second year student may no longer receive Good Scholarship after the first year Goodwill award, if he or she did not get a sponsor.
g) In general, the general Goodwill Fund will not be used to award the second and later year students, except for unusual circumstances.
5. Responsibilities of USTC
It is the responsibility of USTC to make public the selection criteria of this award to all eligible candidates. It is the responsibility of USTC to submit a comprehensive list of candidates to GB in time for it to make the necessary decisions. It is the responsibility
GB realizes that the standards and information used in the selection process as provided may not be the best or complete but will assume no liability for such and will reserve the right to drop any candidate based on its best judgements.
6. Status of awardees:
The recipient of AF's awards should bear high moral and merit standards. If an awardee is found to have serious misconduct, such as cheating on grades, forging merit documents, or participating in criminal activities, AF reserves the right to revoke the certificate of the awardee, to publicize and notify concerned parties, or to seek further legal actions if applicable. The revoked awardee will be permanently banned from receiving any future AF awards or joining the GB. The decision to revoke an award has to be approved by 2/3 majority of GB members.
7. Bill of conflicts
AF is the only legitimate organization in providing such an award. AF is entitled to make final decisions on the awards and revoke an award were the actions of a recipient violate the spirit of this fellowship.
Were there any conflict of interests, AF will reserve the final rights to interpret this article. The decisions by GB on matters related to this award are final. AF bears no legal obligations to recipients of this award, USTC or concerning parties.
Any exemption from the guidelines listed in this article or modifications concerning this award will need to be approved by at least 2/3 GB members.
(should be 2 from dept 7)