Until the National Scholarship Board establishes priority areas for the National Scholarship and Financial Assistance Program, the following fields shall constitute the priority areas as herein provided in Table A: Priority Areas:

Major Level of study Number of awards & years of study
Medical Graduate/undergraduate 6 awards for six yrs/4 awards for 4 yrs
Law Undergraduate/Graduate 4 for 4 years
Accounting Undergraduate/Graduate 4/2 for 4/2 years
Education Undergraduate/Graduate 4/2 for 4/2 years
Economics Undergraduate/Graduate 4/2 for 4/2 years
Engineering Undergraduate/Graduate 4/2 for 4/2 years
Agriculture Undergraduate/Graduate 4/2 for 4/2 years
Fisheries Undergraduate/Graduate 4/2 for 4/2 years
Tourism Undergraduate/Graduate 4/2 for 4/2 years
Environmental Studies Undergraduate/Graduate 4/2 for 4/2 years
Computer Science Undergraduate/Graduate 4/2 for 4/2 years

 

The National Scholarship is just reinstated by the congress this FY 2008-2009.  National Scholarship came under subsidies and grants. The purpose of this National Scholarship is to assist our FSM students who are studying in undergraduate level.  It can also be given to graduate level students

The Sin-tax Scholarship money comes from tax collection.  25% of tax collected from tobacco products is earmarked for this scholarship.  The main purpose of this sin-tax scholarship is to assist our FSM students who are pursuing their studies at the graduate level or those seeking their Masters and Doctorate degrees.  The only undergraduates who are eligible for sin-tax scholarship are those majoring in Aviation.

To be eligible for a national scholarship and financial assistance award as shall be appropriated by the National Congress under the national revenue and provisions of the Compact of Free Association and further provided by the “Sin-Tax” provisions, an applicant shall:

(a) Be a citizen of the Federated States of Micronesia;

(b) Has been accepted or currently enrolled in an undergraduate, graduate, or post-graduate level studies in an accredited institute of higher education;

(c) Be in good academic standing at his/her institution of attendance, or with a cumulative GPA of at least (3.50) for certificate, undergraduate, graduates and postgraduates scholarship recipients and/or (2.50) or higher for certificate and undergraduates, (3.00) graduates and postgraduate financial assistance recipients.

(d) Show proof of attendance at or admission into an undergraduate, graduate, or post-graduate collegiate programs on a full-time basis: twelve (12) credits or more at undergraduate level; nine (9) credits at graduate levels or three (3) credits per tri-master for on-line graduate levels, and six (6) credit hours per semester at  the post- graduate levels.

(e) Has been accepted or currently enrolled with good academic standing at his or her certificate program.

The Administrator of the Office of Post-Secondary Education and Scholarship shall notify the selected and approved recipients and the Director of Financial Aid of the institutions in effect through an official letter that shall congratulate the recipients and provide the information on the amount of scholarships and/or financial assistance awards to be provided.

The official letters to the selected graduate and post-graduate levels recipients shall include the Scholarship & Financial Assistance Agreement Form (Appendix B: SAF-Form NSB-11-01) and the Scholarship Award Acceptance (SAA) letters for their reviews and signatures and to return the signed SAF and SAA to the Office of Post-Secondary Education and Scholarship, Division of Basic Education Systems and Accreditation through priority mails or e-mails.

The official letters to the selected undergraduate level recipients shall include the Scholarship Award Acceptance (SAA) letters for their reviews and signatures and to return the signed SAA to the Office of Post-Secondary Education and Scholarship, Division of Basic Education Systems and Accreditation through priority mails or e-mails.
Any delay and/or failure to return the signed SAF and/or SAA could cause the delay in receiving the award checks or constitutes grounds for the termination of the awards.

 

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