To establish an ongoing Scholarship Program that supports the educational opportunities of students entering college within the United States and pursuing a degree in a STEM (Science, Technology, Engineering, and Math) curriculum.
The Committee, appointed by the CTI President, will select the award recipient(s) from the available candidates based on their application information. The Committee is comprised of the Chairs of the three standing committees, the Treasurer, the Past President Council Chair and/or representative, the Marketing Chair or representative, the CTI Administrator, and the CTI President. In the event the Committee cannot reach a decision on a specific candidate, the applications of the finalists will be presented to the Board of Directors to determine the award recipient(s).
The scholarship will be funded from the CTI general fund on a year to year basis. For the initial year, the scholarship award will consist of two one-time awards, each set at $3,000 for the 2021-2022 school year. The award amount and the number of awards will be determined annually by the Board of Directors as part of the annual budget.
The scholarship process will be open to anyone graduating high school and entering college (or currently enrolled) with a declared major within a STEM curriculum. Each applicant must be a child, or grandchild, of a participating current CTI Member or CTI Member Company in good standing (all member categories). Children, or grandchildren, of current CTI officers, CTI employees, CTI contract employees, Board of Directors, and members of the Scholarship Committee are ineligible to receive a scholarship during the tenure of the CTI relative serving in the position.
Announcement of the availability of the award will be made through a press release and an announcement on the CTI website in early October. The deadline for completing and returning the application to the CTI Administration will be no later than March 31 for the next year’s award(s). Interested students can submit online through the CTI website.