Scholarship Program Office
43-47 37th Street
Long Island City, NY 11101
Phone: (718) 361-5100, ext. 3600
Fax: (718) 361-8511
ABOUT THE PROGRAM
In 1987 the Trustees awarded the first scholarships to qualified dependents entering any accredited four-year (4-year) college or university, whether private or public, in or outside of New York State. The Scholarship Program was instituted due to the rising cost of college/ university tuition and its negative financial impact upon the members and their families.
As of 2019, the Scholarship Program has awarded over 1,075 scholarships to dependents of members amounting to over $8.7 million in awards.
The Scholarship Program Summary Plan Description (pdf) contains important details regarding plan administration, eligibility rules and covered services/benefits.
Since 1987, each scholarship had totaled eight thousand dollars ($8,000), distributed in two thousand dollar ($2,000) increments over the four (4) years of a winner's college education.
As of 2019, The Scholarship Program offers eligible children of members the opportunity to compete for an award totaling twelve thousand dollars ($12,000), distributed in three thousand dollar ($3,000) increments over the four (4) years of a winner's college education. Each year an average of 30-35 scholarships are awarded and as payments are made directly to the winners, the funds may be used towards tuition, room and board, books, supplies, or any other education expenses.
Applications for the annual scholarship competition are made available to eligible dependents after January 15th each year. The competition closes on April 1st of each year. Applicants must be graduating high school seniors planning to attend a four-year college or university to apply.